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News / Opinion / Letters to the Editor

Letter: Speak up about insurance rates

By Paul Arnold, Vancouver
Published: November 6, 2021, 6:00am

Kudos to Sheri Phiel for “Seniors in state see insurance rates jump” (The Columbian, Oct. 30). My own insurance premium is not up for renewal for a few months, but after talking to my agent and others, it will undoubtedly be impacted. If you have a good credit score, get ready for your insurance rates to go up.

Somehow, our Insurance Commissioner Mike Kreidler is trying to right an injustice to those whose credit scores were adversely impacted by COVID-19. But, he is doing so at the expense of those of us with good credit scores and safe driving records. This will not only impact senior citizens, but others who have strived to keep up their good credit ratings.

I encourage others to send in their comments to the Washington State Commissioners Office by Nov. 22. You can find a form to do this at bit.ly/2ZAz03a. There is also a means on that website to ask Mike Kreidler questions directly. The job of our insurance commissioner is to hold insurance companies accountable and assure that our rates are fair and equitable. In this case, he is trying to help one set of ratepayers at the expense of others, good hardworking seniors and others who deserve lower insurance rates. Please join me and the insurance industry in making your voices heard.

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