I've seen stories about this kind of thing, but never thought it would happen to me.
My former auto insurance company just sent me a check for 12 cents, out of the blue, and with no explanation.
It cost them 40 cents to mail the thing, on top of whatever it will cost to process it.
I understand it's probably a regulatory issue that requires them to do so, but it still makes little sense.
However, I am planning to cash it, given that in over a decade with them, with no claims, they suddenly jacked up not only mine, but a lot of similar policy holders' rates by 40-50%, and couldn't explain why. Those who contacted them to seek a better understanding were "re-evaluated" with the result still being premiums much higher than what they were before.
My first thought when I saw the envelope was that it might be a sales pitch to try to lure old customers back, or some stern notice about an unpaid balance. Instead, I can now go wild with my newfound bounty. Yee-ha.
My former auto insurance company just sent me a check for 12 cents, out of the blue, and with no explanation.
It cost them 40 cents to mail the thing, on top of whatever it will cost to process it.
I understand it's probably a regulatory issue that requires them to do so, but it still makes little sense.
However, I am planning to cash it, given that in over a decade with them, with no claims, they suddenly jacked up not only mine, but a lot of similar policy holders' rates by 40-50%, and couldn't explain why. Those who contacted them to seek a better understanding were "re-evaluated" with the result still being premiums much higher than what they were before.
My first thought when I saw the envelope was that it might be a sales pitch to try to lure old customers back, or some stern notice about an unpaid balance. Instead, I can now go wild with my newfound bounty. Yee-ha.