Report: #1484609

Complaint Review: Chesapeake Mortgage Insurance Company -

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Ripoff Report is Xcentric Ventures

Submitted: Fri, September 06, 2019
Updated: Fri, September 06, 2019
Reported By: Ruth — Pinson AL United States

Author Not Confirmed

Why?

Chesapeake Mortgage Insurance Company United States

Phone:
Web:
Category: Insurance Companies, Unauthorized transaction

Chesapeake Mortgage Insurance Company Changed premium from monthly $92. to 505 beginning in September 2019. I declined rate increase and cancelled.

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I was advised by email the the company was raising the monthly premium from $92.00 a month to$505 starting Sept 2019. I was given choice to accept or cancel. I cancelled and declined futher payments. However they debited my account for $505 on September 5, 2019.

I have filled complaint with bank against them demanding refund since account with them is closed. I am also intending to file with BBB after bank gives formal notification to company and returns my money to my account.

This report was posted on Ripoff Report on 09/06/2019 07:41 AM and is a permanent record located here: https://www.ripoffreport.com/report/chesapeake-mortgage-insurance/changed-premium-monthly-i-1484609. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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