Extreme Price Increases on TD Home Insurance
by Neil Harbaruk on Mar 16, 2024
2 out of 5 stars
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Same as others in this forum, we are long-time TD customers and every year there are price increases, however, this year it is more than substantial at 34%. The sole excuse from TD is that replacement costs are up, so they just chose to increase the coverage on our policy. We are totally over-ensured at this amount and certainly do not require or want the additional amount. I also called and spoke with an actual person who again said the same thing. Forcing customers to over-insure is price gouging, plain and simple! This must be some form of loophole they are using to justify huge premium increases.