MEMPHIS, Tenn. — The Tennessee Department of Commerce and Insurance is urging residents to be alert when it comes to price gouging after last week’s storms.
Tennessee law makes it illegal to increase prices unreasonably for items such as gasoline, food, ice, fuel, generators, lodging, and other things needed after a disaster.
The law is only active when a disaster is declared by the federal government.
In this case, a State of Emergency was declared on December 23.
If you are caught price gouging, you could face up to a $1,000 fine per violation and face civil penalties as well.
Here are some tips for consumers to remember in the aftermath of December’s storms:
- Avoid high pressure sales tactics urging you to act quickly before signing a contact. Take time to make a good decision.
- Do not pay money upfront. Wait until the job is finished.
- Ask questions and get references from people you trust before hiring someone to do work for you.
- Get the whole deal in writing. If a contractor promises you something, get it in writing.
- Keep a record of your property damage and any repairs made to your property.
- Take photos during the repair work and afterward. You should also take photos of any repair work you believe was not done correctly.
If you are the victim of price gouging, you can report it online or by calling toll-free 1-800-342-8385.