Chase Manhattan
Forced Insurance Charge of $2,500 Despite Valid Policy

Business & Finance

Notified us that are home insurance was no longer acceptable. Gave us 30 days to find replacement. We thought that meant within 30 days of termination.

Arranged for replacement to take over when old policy expired. Chase said Ok on phone.

The day AFTER they received the binder from my new "acceptable" company they charged me for a "forced placement" policy that cost @2500.00 for what they claimed was two months that I was uninsured. My old policy was in effect and had no claims. My normal annual policy is about $ 1,000.00


Company: Chase Manhattan
Country: USA
State: Maryland
City: Baltimore
Address: PO Box 830016
Phone: 8005820542
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