 If denied for life insurance from one company, is that information shared with other insurance companies? |
| I was denied for life insurance b/c of a trip to Africa. Is that record public knowledge for the other companies if I try and apply else where?... |
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 Car insurance question? |
| what are the advantages if any to having uninsured motorist coverage on my insurance policy. If the other person doesnt have insurance but i have comp and collision on my policy, with a 500 ... |
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 What else should I do with all this money? |
| What else should I buy with $1000000 apart from a house and a car?... |
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 In health insurance how long typically does a pre-existing condition once cured have an effect on changing ins |
| I want to switch plans but am afraid if my prior illness returns the new insurance will consider it a pre existing condition and not cover ... |
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 Dental insurance problem - am I liable? |
| My dentist advised me that I required two crowns. The office manager advised me that he had contacted my dental insurance company and they had agreed to pay a certain amount and asked me to pay ... |
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 Does a denied claim count? |
My insurance denied a claim cause that item was lost and not stolen. They don't cover loss.
Does this still count towards my claim history?... |
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 What happens if accidently I gave false information to my car insurance during the application process? |
| I was under the impression that my 2003 car had ABS (anti lock braking system) because my car dealer told me so, I bought it used. Accordingly during the online application for my car insurance I ... |
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 What is the best life insurance that will pay in case of a suicide? |
| I need to know what the best life insurance I can get that will pay out in case of a suicide. I know that there probably isn't many. But I need as much info as I can get. I need my family taken ... |
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 When a insurance agent of State Farm has the agency in his name . . . who actually owns the agency? |
| State Farm has captive agents who have agencies in their names, along with the name of State Farm. For Example, John Jones Agent, State Farm & address. However, neither John Jones nor State F... |
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 Digital Hearing Aid Insurance? |
Hello
I have 2 digital hearing aids, can anyone advise any good places for insurance on them, thanks
A... |
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 Do health insurance companies charge per prescription? |
| Im 18 years old and away at school but am still under my parents health insurance. Today I was prescribed aderol from a Psychiatrist my father and I both see. In the past when I have talked to my ... |
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 Is disability insurance worth the investment? |
| I have the option of signing up for long-term disability insurance through my place of employment. When I was young and single, I really never considered insurance much. However, now that this once ... |
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 Does getting a quote from insurance drop my credit score? |
| I've been getting quotes from Progressive I got around 5 quotes I stopped because I didn't know if it affected my credit score. Can someone please let me know if it does? Thanks a lot!... |
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 Do multi millionaires buy life or medical insurance?? |
Additional Details
Show me some facts or paper cutting...... |
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Craig S | Can a florida insurance company charge 10% of unearned premium for early cancellation? |
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mbrcatz
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Progressive charges this, and many other companies do, too - it's called a short-rate cancellation penalty.
Yes, they can. |
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mightyart
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They sure can if it's part of the verbiage of the contract...
Usually minimum earned premiums are disclosed up front...I am always amazed at how many people don't actually read the quotes they're provided! |
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Good♥Gyrl
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Yes. They probably have it written into the insuring agreement (contract). They can do whatever they want, as long as it's fair and not illegal, as long as you agree to it by signing the policy application. |
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ShouldBeWorking
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I would think it would depend on your initial agreement with them. If you signed that you would agree to it, then I'm saying they could do whatever they want. |
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miltonday
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It appears so the penalty depends on how long you have had the policy for more information check this link.
http://www.mass.gov/doi/Consumer/css_auto_qa.html
best to check your state rules they are different from state to state
here is florida 10% http://www.carinsurance.com/kb/content15176.aspx |
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Dolly F
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Take their help, I always do, they guide well
"http://www.jdoqocy.com/email-1961891-... |
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Rexy
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Yes, it's standard practice in the insurance industry to "pro-rate" your policy and keep 10% of your unearned premium. However, if you pay monthly, they should not be keeping any money so the pro-rating would only apply if you have paid in full, half of the premium, one quarter of the premium, etc. If you do pay by the month, you don't have any "unearned premium," so if this is the case, you may want to contact the Florida Department of Insurance (DOI) to report them. |
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Loollea
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yes, all companies and all states are going to cancel pro-rata
for early cancellation |
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