What’s more agonizing, reading a bank disclosure statement or an insurance declaration?
Let’s just skip the fine print, which most people do when they see pages of impenetrable declarations. Dave Krinjak of Manchester had been doing it for years when he received his auto-insurance bill from Peerless Insurance. But Krinjak decided to dig into the declarations last year and discovered, shockingly, the auto coverage was actually a package policy that included property-liability insurance on his Manchester house — the one he sold in 1995.
“On a back page,” he says, “I noticed something for said ‘renter’s insurance.’ I have been paying all these years. I’m like 99 percent of people who get their insurance. I don’t read those documents.”