Is it legal for an insurance company to raise rates if you are simply calling for a quote to determine the cost of another driver on your policy but have not officially placed that person on it yet?
Maybe the agent saw something that had been overlooked and that caused your rates to go up. Check with a different company. Shop around for rates and see what you can get. If you think the agent is messing with you, don't put up with it. But the simple fact is, insurance companies can charge whatever they want and change the rates whenever they want. Your only protection is to shop around. Competition keeps everybody honest. Answer Insurance companies can run a check of licensed drivers by address. If they find licensed drivers in a household that are not listed on the policy they may add the additional drivers that they found. I would have to ask though, are you sure the change in premium was related to your call? As was said in the first answer, shop around if you do not trust your current agent.
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Can life insurance be taken out on another person legally and does the other person have to be notified about the policy?
Yes, insurance can be taken out on anyone. NO, NO, NO and NO! It is not legal to take out life insurance on someone else, unaware and who has not authorized such for the purp…ose of naming youself as the payoff collector or benneficiary rather. However that does not mean people do not do it everyday but be careful because if your insured is unfortunate enough to pass away as a result of Murder or unexplained homicide you could be in for serious legal problems trying to prove yourself innocent. Good luck and be SAFE!
If another driver has an accident in your car will your insurance company add that driver to your policy?
%DETAILS%%FOLLOWUPS% The other driver is not "added to your policy". However, the other driver will be covered by your policy for this accident provided certain conditions are… met. 1. The vehicle cannot be available for the regular use of this other driver, which is to say the policy will cover them so long as they are merely borrowing the vehicle. 2. The other driver must have the permission of the owner of the vehicle to drive it. Insurance will not cover someone, for example, who wrecks a car after stealing it. Note that if this temporary driver is insured with their own policy, their policy would only come into play if damages exceed the limits of your policy. As you note in your question that the temporary driver was added to your policy, I must assume that this person is someone who you did not report to your insurance company as a driver but they should be on your policy, i.e. someone who has the regular use of your vehicle. Insurance companies handle this situation in differing ways but some will add a driver to the policy as a courtesy to their insureds. Those that do this will first look into that driver's record to determine what premium they would have charged to cover this person had this person been on the policy from the start. So long as the premium increase would not have been more than a certain percentage, say 30%, they will provide coverage for the accident, add the driver and charge the added premium amount for the added coverage. However, if the premium increase were more than this certain percentage, they may not only deny coverage for this accident, but also rescind the policy - meaning the policy is null and avoid. They can do this because one of the conditions of insurance is that the insurance cannot commit a material misrepresntation, such as misrepresenting who and what is to be insured.
Will insurance cover a total loss to a full coverage auto when the car is covered by a personal policy yet the car is titled to the owner's company?
Not sure I totally understand your question. Are you both the owner of the company (and the car), the car is titled to the company, but have the car insured as a private/non-b…usiness auto? What were the questions on the application? They ask about business use, if those weren't answered honestly there could be a problem. Or are you saying the company ou work for owns the car, but you have to carry insurance on it? Same question about the application would apply. Please be more specific and I'm sure I could be of more assistance.
Answer . \nI have had one forever, and no it doesn't or never has.
Are you driving your vehicle? Contact your agent and discusus this to see if you need to add an endorsement for your own protection (to be assured that while you are deliverin…g meals on wheels for instance, and have an accident you have coverage). If there is an increase or cost of this endorsement would that now be taxed deductible for charity as your work is?
Answer At renewal.
What criteria do insurance companies use when determining the cost of home insurance policy premiums?
The factors can vary by jurisdiction (for example, some states do not allow "credit" to be used in rate determination) but as a general rule the following criteria are used:. … Fire protection rating as determined by ISO (how effective your local fire department and fire safety codes are) . Age of home . Construction type (e.g. frame or masonry) . Roof type (e.g. composition shingles, tile, or tar/gravel) . Credit or "insurance" score of the named insured . Prior claim history of the named insured (many insurers do not surcharge for prior home claims, but ALL use them to determine eligibility) . Expected loss frequency and severity of your local area . Property insurance can be a volatile line of business for insurers (think Katrina...) and rates will vary greatly between insurers and from area to area. Call several agents or independent brokers to compare rates. You might find that smaller regional companies are priced better than the larger national insurers. In my experience, they often handle claims better and faster too. Your state insurance commissioner will also be happy to answer consumer inquires about insurance laws, rating and specific insurer complaint ratios.
\n. \nThere are many ways to get rates on several companies at one time. You can check with a local agent, shop online or company direct. In my opinion it is always best to p…lace an agent between you and the insurance company. Agents make their living keeping the insured happy. Companies make their money by denying claims and raising premiums. There are a online services in the Texas area that have local agents to take care of their clients and they give rates for top companies all over the USA.
It is not possible to put a lien on a person's driver's license inany state. A driver's license can be suspended or revoked but onlyfor traffic violations.
about $650, the same amount of your mum per hour
I think that if a person is insured and lives in the same household than you shouldn't have to exclude them from driving your car if they are a relative
Can your current car insurance company raise your premium for using another policy on another vehicle you own?
Unclear on your question. Do you want to know if your rates will go up because you have a different car with a separate policy? Probably not just because you have a separat…e policy, unless your current policy is discounted because of multiple vehicles and you are removing one of them to go with someone else. On the otherhand, if you had an accident and turned it in to the company covering that vehicle, your current company will know about the accident and it is possible your rates could go up because of the accident not because you have another policy out there.
Yes - I don't see any issue with this... Let's say, your daughter is in town for a significant amount of time, and she is still insured on her own policy with her own vehicle …which is in another town. She could still be rated on your policy for your vehicle, while this may not be necessary, it might be to your advantage if something were to happen while she was borrowing the car.
What criteria do insurance companies use when determining the cost of car insurance policy premiums?
Credit (except in California) . Age of the driver . Garaging location of the car. . Method of payment (1 pay, monthly, automatci payments) . Driving record (tickets & acci…dents in the past 3, sometimes 5 years). . Type of vehicle. . Type of coverage you get. . Occupation of driver
In Auto Insurance
A quote is just an estimate and nothing more. The more accurate the information you give them the more accurate the quote will be. If you have more claims, tickets, accident…s, etc. than you tell the agent then the quote will be different. Often times the VIN number of the vehicle shows a different symbol than the quote does so the price is higher or lower.
Canceled auto insurance and went with another policy Now original insurance company demanding proof of insurance with new company Is this demand legal?
Yes, If you have a lien holder (basically another insured) on yourpolicy. The terms of your contract require the insurer to notifyyour lien holder 30 days prior to cancellatio…n. If you show thecompany you have purchased replacement coverage, then they canexpedite the cancellation of your policy helping you to avoiddouble coverage and paying twice during the coverage over lap withthe new policy. Giving them a copy of your new policy, Saves "You" money.