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Yes they can. But they will have to refund any unearned premium to you. Each state has it's own regulations that determine how and when the Insurance Company can cancel a policy and most companies stricltly adhere to the regulations. IE, Fraud or Misreprentation on the Insurance Application. Claims within the first 60 days of a policy, Undisclosed drivers, Undisclosed accidents or tickets, Failure to fully disclose a risk, etc.

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โˆ™ 2008-02-27 09:13:42
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Q: Can an auto insurance policy be cancelled if the insurance company deposited payment in full?
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You own your home you stopped paying for home insurance. will i have problem restablishing a home insurance?

If your previous home insurance policy was cancelled for non-payment, the company you were insured with may choose not to reinstate the policy depending on your history with the company. While this company does not have to reinstate your policy, you will be able to bind insurance with another provider. If this company asks if you have been cancelled previously for non-payment, answer honestly. This will not disqualify you for obtaining insurance, however it may disqualify you from receiving a continuous coverage discount if they offer it.


Does accepting payment automatically bind cancelled car insurance?

No.


What do you do if your auto insurance has been cancelled due to nonpayment with safeco?

Call the company, Offer to make your payment and request a re-instatement of your policy.


Can a home insurance policy be cancelled for non payment?

Yes. Non Payment of premium can cause a cancellation or non renewal of an insurance policy.


Does car insurance become cancelled when the owner passes away?

Not unless the deceased calls the company to cancel. The insurance company cannot cancel the policy unless it is requested in writing by the insured or executor or if it cancels for non-payment.


Can you get a new health insurance policy if your previous one was cancelled for non payment?

Yes


Your home insurance was not paid by the mortgage bank last month The insurance policy has been cancelled Does the bank have to insure you now?

The bank must make payments of these items from the account on time, if you kept an escrow account with the bank and carried out regular deposits for the taxes and insurance payment. If the bank does not pay the insurance premium on time and the insurance policy is cancelled, the bank must either get in touch with the insurance company and make them reinstate the policy, or buy a policy with another company. Nevertheless, within this time you keep being liable for continuing the insurance payment through your escrow account.


What do you call the payment of the insurance company?

premium


How many payment protection insurance companies have ministry of justice license?

HSBC is a reputed insurance company in India for payment protection insurance.


On what types of policie is it a certainty that the insurance company will have to make payment?

A. Life Insurance


Car Insurance company canceled your car insurance without you knowing and police stopped you and you have to go court what will happen?

Assuming your insurance company cancelled the policy because you missed a payment, you are out of luck. The insurance company does not have an obligation to notify you of bills due, they do this out of courtesy because they would like to receive payment. If you are paying monthly find out what day your bills are due and make sure you pay them each month. If you move or change your phone number be sure that that is updated.


When can an insurance company void a policy?

Non payment


Where and how to get Condo Insurance If Condo Insurance cancel you?

First we would need to know why you were cancelled? As if you were cancelled for misrepresentation or fraud then you are in trouble, but if you were cancelled for non payment then just call up some other insurance companies and get quotes should be no issue, you may see a jump in your premium and thats unavoidable and you will have to live with it for around 3 years. If you were cancelled for underwriting reasons, inquire as to what that was so you can change it for the next insurance company. Condo insurance is very complex and although it is cheaper then most insurances for property it is the most difficult to adjust for a claim.


How can one obtain payment protection insurance?

You can get payment protection insurance by speaking with your insurance agent and asking whether or not the company offers such an insurance. You can try insurance agencies like Progressive or Advantage.


What can you do to reinstate a life insurance policy when it has been cancelled due to a payment received 10 days after grace period?

Ask the Insurance Company if there is anyway they will reinstate and see what happens. Check your ACTUAL policy and see if you have any protections or guarantees.


If your insurance gets cancelled for non-payment can you get insurance with another company or do you need to pay the outstanding balance first?

Is there really an outstanding balance? Did the company give you insurance beyond any grace period for some sort of promise-to-pay? If not, there should be nothing owed to the old company, and you could probably get re-instated with them. A new company will cover you as soon as you pay their first premium.


Lapse in car insurance?

A lapse in your auto insurance is a time period for which you had or have no coverage. Either your policy expired and was not renewed on schedule meaning you missed your renewal payment or you missed a monthly payment and the policy was cancelled.


If your insurance company requests a refund from your dentist because your insurance cancelled is the dentist required to send the refund?

The only time the dentist is required to refund the insurance company, is after the specific company has already made payment to the dental office and inadvertently was an overpayment for services renderred. In the event that the dentist is a participating provider with the insurance company and has other patients with the same plan, the insurance company reserves the right to deduct the overpayment from any future payments owed to the dental office whether it is for the same patient or not.


Not paying insurance surcharge will it effect your credit score or will the insurance policy just simply be cancelled?

The surcharge is part of the bill and I imagine your policy would get canceled if not paid in full eventually. If it does get canceled you will find it difficult to get insurance through another company and they can ding your credit for non payment but usually that take a few months depending on the company.


How can you find a Old paid up Life Insurance policy on Yourself?

You're going to have to find who was your provider and contact them. You should also have bank records if you direct deposited your payment to the company. Look into your transactions.


What is the payment of damages by the insurance company directly to the insured?

Payment of damages by the insurance company against your Householders' policy is paid directly to your account through NEFT,instead of cheque as was customary earlier.


Can you get insurance when your homeowners policy was cancelled due to non-payment?

I believe you can, your premium my just be a little higher. that's what happened to me anyway. Hope this helps a bit.


What type of policy is a certainty that the insurance company will have to make payment?

None.


Who would you contact if payment problem develops with an insurance company and the company ignore medical claims?

Call the Insurance Comissioner of the state you live in.


What is a life insurance policy dividend?

It's a payment made to the policy owner by the mutual insurance company when there is a profit. The policyholders are the owners of a mutual life insurance company and they share in the profits by receiving dividend payments from the insurance company.