Does New Hampshire Have Enough Insurance? Who Knows?

Mark Bevis's picture
By Mark Bevis on Wednesday, September 20, 2006.
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Do you have enough homeowners insurance.....or car insurance?

Are you paying the lowest price for the best coverage?

Those are questions any smart consumer should know the answer to.

But according to a new audit of New Hampshire's insurance buying practices, the state doesn't know if it has enough insurance....or whether it is paying too much.

It is the first such audit in 13 years.

It was prompted by an investigation into 180 thousand dollars of insurance commissions paid to a so-called volunteer working for then Governor Craig Benson.

But that investigation opened up a can of worms that has resulted in a 120 page audit containing dozens of findings.

Catherine Provencher is the director of the state's Legislative Audit Division.

She tell's NHPR's Mark Bevis that one of the key findings of the audit is that the state has no way to evaluate whether it has enough insurance....or indeed too much.

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