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Pelham homeowner's insurance tripled after postal code changed despite never moving.
A Pelham homeowner's insurance premium tripled after his postal code changed from rural to urban, despite never moving.
Facing a jump from $106.68 to $357.18 monthly, he struggled with Allstate for a clear explanation and lower rate.
After switching insurers, he secured a more affordable option.
The incident highlights concerns over how postal code designations affect risk assessments and pricing.
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El seguro de vivienda de Pelham se triplicó después de cambiar el código postal a pesar de nunca haberse mudado.