Updated almost 8 years ago on . Most recent reply
Insurance Co. Jacked up rate when discovered alarm system removed
So I renovated a property last fall/winter and had an alarm system put on it (simply Safe). Then in April we switched the policy to Metlife and still had the alarm and stated so. Late may/Early June we removed and then canceled the system. TODAY, received a letter from MetLife "YOu have removed your protective device thus you premium is changed" now it's $82 more per year; It was only $450 before that. We removed only because renters were now in there. never realized insurance would jump that much.
First; How did the know? SImply Safe alerts them?
Doesn't that seem like a huge jump?
Do you guys get a discount if you used a non-monitored device?