Barbara Wellensiek knew her son's insurance bill would be steep because of his driving record, but when the renewal notice arrived she was shocked to see the annual premium was $104,566.63.
"I thought it was a typo," Wellensiek said today. "I didn't panic - I thought it was a mistake."
When she phoned her insurance broker, Access Insurance Group, she got confirmation that the figure on the notice was accurate, the rate having been hiked from $1,300 per month.
"I just about fainted - how could this be?"
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