Chesapeake Mortgage Insurance Company Changed premium from monthly $92. to 505 beginning in September 2019. I declined rate increase and cancelled.

575

I was advised by email the the company was raising the monthly premium from $92.00 a month to$505 starting Sept 2019. I was given choice to accept or cancel. I cancelled and declined futher payments. However they debited my account for $505 on September 5, 2019.

I have filled complaint with bank against them demanding refund since account with them is closed. I am also intending to file with BBB after bank gives formal notification to company and returns my money to my account.