 Can an insurance company withold a no claims certificate when you still owe them money? |
| I have a dispute with an insurance company, I have now got a new insurance company but still owe money to my old insurance company. My new Insurance Co. want proof of my NCD but my old Insurance Co ... |
|
 Dog insurance? |
What is the best dog insurance to have these days.
My older dog has always been with petplan.
I now have an 11 week old puppy & she will cost more per month than my 7 year old.
The ... |
|
 If I sue someone whose dog bit me and win, will I receive compensation, or can they bankrupt? |
| The medical bills just keep growing, and I need to be reimbursed. If he doesn't have homeowners, and I sue him personally, will he be able to bankrupt and skip out? He has a house that is worth ... |
|
 Will my home owner's insurance pay for damage to a friend's car cause by a tree falling in my driveway? |
| the friend's car was parked in my driveway when a storm blew a tree (mine) over causing damage to the ... |
|
 OH MY GOD. i neeed help NOW. fast. please help me.? |
| dont ask, my friend and i went around her neiborhood to these apartment buildings, and we went to our friend's house and we wanted to show her this raw meat we had, and she wasnt home so we put ... |
|
 Does anyone know a good life insurance policy? |
| I have been shopping around for life insurance that will not cost crazy premiums, anyone have good experiences. I am in my 30's and in good health.... |
|
 Is a chiropractor allowed to charge more to an insurance company than they do to a client directly? |
| I have a limit to how much insurance I have per year and my chiropractor seems to charge considerably more if the insurance company is paying then to me directly. Is this legal?... |
|
 Is it true that once I turn 22 I will be dropped from my father's insurance even if I am still a student...? |
in college? Can I pay a certain amount a month to still be on his plan?
We have Blue Cross but I am not sure if that makes a difference.... |
|
 Insurance not responsive? time to get a lawyer? |
| my roommate and i were robbed about three months ago. they took several thousand dollars worth of things. we called the police and filled out a report. luckily we also had renters' insurance so ... |
|
 Automobile insurance and are they playing games with me? |
| Okay confusing situation, my sister and I got into an accident yesterday, the car is on her insurance, (she has full coverage). It wasn't until today that my neck started bothering me. So I am ... |
|
 Military question: USAA for home and auto insurance? |
| Since USAA is directed toward military, is it the better choice for military as far as rates and package deals, etc.??... |
|
 Car ???I had a car that was stolen recently and i owed $3000 to finance comp? |
I had a car that was stolen recently and i owed $3000 to finance compy
3 month before it was stolen I whiched my insurance from full coverage to liablity to save money
My car hasn't ... |
|
 If a Japanese doesnt have an english name, will the bank require him to have a diff signature? |
| if a Japanese will open a bank account or apply for insurance and he doesnt have any english name, will the bank or insurance company require him to have a signature other than his signature with ... |
|
|  |
JOHN C | How come american family insurance just gave me a quote on my car insurance half of what i pay now? |
so right now i have Farmers. How can american family insurance charge me more than half of what i am paying now? Is there a scam? and they told me that i can call my agent from Farmers and drop them right now and they have to pay me back what i have already paid in advanced. Is that true? |
 |
 
Kealvan
|
Yes they will pay you back, However (I was insurance agent ) it is kinda a scam the quote you got is not a guarantee until it goes threw underwriting there is NO way for the agent to tell you what your premium will be that is up to the underwriters. Its only a quote based on you credit score however that is only 1 facter underwriters take into consideration and of course once you drop farmers they kinda have you as I am sure he had you sign an commitment of some kind, however that is not legally binding you still have the right to go threw someone else for insurance however if you don't go with them and you let them cancel your Farmers insurance than you will be without until you find someone else. ITs best to wait and see what he comes back with after underwriting and cancel your own insurance after that. |
|
MissV
 |
1. Make sure deductibles are the same.
2. Make sure the company IS LICENSED in this country! (Check BBB)
3. Be sure the policy limits match. In other words is it $300/100/50 (50 is the property damage)
4. Is uninsured motorist included?
5. Have you heard of American before? I haven't.
6. Be sure they're not quoting liability only, especially if you need full coverage
7. Have you possibly had insurance points that are now coming off?
8. Is it offered in addition to a homeowner's or renter's policy?
Not matter what, read ALL the fine print. And let your current insurer go over it with you. If it's a truly competitive bid, then your current carrier will be learning something too. |
|
jacobs jordie
 |
I don't see what the big deal is. I just flew London Venice and Venice London for $2. It wasn't a scam. But most people only buy when stuff is dear.
It is your choice. |
|
bogey
|
farmers may be an agent and american may be an insurance group
the direct insurance agent will charge one price
and the group finds the cheapest one for you
it may be a ploy just to have you as their customer
really check the policy and make sure you get the same coverage and have the same deductible before you sign anything
it may be because its a 1000 dollar deductible instead of 500
that's the money you have to come out of pocket with if you wreck |
|
ANDREW L
|
It is not necessarily a scam. Have you compared all aspects of the policies. The deductibles are the same, the endorsements and limits are the same. Both of those can make a difference. Before you switch talk to Farmers and let them explain the difference.
There can be other reasons. American Family may like your particular type of risk versus what Farmers is looking for or American Family has less clients in the area helping to reduce their risk of catastrophic loss etc. Still make sure you are comparing apples to apples before you look at the price.
Depending on the rules in your jurisdiction you could be 'short rated' on any returned premium. Since insurance companies incurred most of the cost of administering a policy at the beginning of the policy period they are allowed to charge for that work. So if say your policy had 90 % of its term left you may only get back 80 % of your prepaid premium. |
|
John S
|
First, your current insurance will return unused money (prorated).
As far as your quote, I have been told this company bids low and then keeps raising the price every year by a lot. They must hope that you are too lazy to shop around again or think everyone must be paying this much so you just do not look.
If you a a younger driver some companies are not so hard on you. Unsure of Farmers on this. Hope this helps. |
|
mbrcatz
|
Well, first of all, they haven't run the credit score and driving check. Second, there could be a major coverage difference. You need to ask THEM why their rate is so less. It might be a lot less, but HALF makes me think this is a bait rate.
Regarding the return. It's going to vary by state. Most states, you'll get a SHORT RATE cancellation, which means, there's a cancellation penalty. But maybe not in your state.
Anyway, if I were you, I would wait until you have that new policy in your hands, and double check the premium, before you cancel the old one. Because if it IS a bait rate, you'll probably be cancelling the new one, and you CAN cancel it flat, if you didn't let the old policy lapse. |
|
Amber D
 |
American Family did this to me. I stayed there for 6 months and then my rate doubled. They blamed it on a different rating they were going to. It is law that insurance agents DO have to give back any unused premiums when you cancel a policy. But, the smart thing to do is to cancel your Farmers policy (if you switch to AF) AFTER you get the declarations in the mail for AF. If you don't and you for some reason get rejected with AF after the initial approval, you'll be without insurance. Better to have them overlap a little than to have none at all! |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 20 minutes(s) ago
| | | |
9 | 28 minutes(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
7 | 10 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 6 day(s) ago
| | | |
9 | 2 week(s) ago
| | | |
9 | 1 month(s) ago
| | | |
9 | 3 month(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
