Amica Life Insurance

I was quoted a premium policy rate. Following completion of all information confirming the information I gave, I was quoted a 50% higher rate. I was told that because I had been on a medication (and no longer am), I was not a candidate for this rate. I am 44 years old, on no medication, in perfect health - ideal body weight and no chronic medical conditions. I was told there was nothing I could do to qualify for the premium rate. If I'm not the ideal candidate for a term life policy, I'm well aware as a physician that NOBODY oan qualify.

If you have a medical condition, you are not a candidate for a premium rate. If you correct a medical condition, you are not a candidate for a premium rate.

I feel that I have been unjustly charged for insurance based on unfair insurance practices. I've been notified by my insurance company, Amica Insurance, that my rates are being raised due to a change in my insurance score.

The following reasons were cited:

Length of time since most recent account established;

Amount owed on auto finance accounts;

Length of time since most recent retail account opened. ( This was due to a recent purchase of a new car.)

It's not the cost of adding a car to the policy; the aforementioned increased all my insurance premiums, including two older cars and my homeowner's insurance. My wife's and my driving records are exceptional. We have no accidents or claims to our insurance company for either auto or homeowners insurance. My wife works at home, and I drive only 5 miles to work everyday.

I have never been late on a single insurance payment. Furthermore, just before I purchased my car, I ran my credit report so that I could negotiate the best deal possible when buying my car. My FICO score is 802, rated excellent/better than 88% of US consumers. I have worked hard to achieve that credit rating, never having a late payment on anything, paying off all revolving accounts in full each month, and handling all my finances in responsibility.

However, despite my excellent credit rating and driving record, Amica Insurance decided to increase my rates because I purchased a new vehicle, not because of accidents or insurance claims, or poor credit and payment history, but penalized for buying a car.

This is another example of insurance company greed to squeeze money out of people for whatever reason they can find. This should be of particular interest to the State of Michigan. This strategy of the insurance companies cannot reflect well on the auto industry in our State. We're in the middle of a recession where our car sales are at an all time low, and to have insurance companies penalize customers because they've taken out a loan to purchase a car, definitely won't help the situation. I have never agreed with the insurance company's policy of using a credit or insurance rating to determine how much a person pays--it's unjust and unfair. People should be rated on their driving records and past payment history.

Charged unfairly for insurance rates for unjustifiable reasons.