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Does getting a auto insurance policy in your name effect your credit score?
Wiki User
∙ 9y ago
No, it does not affect your credit score at all.
Wiki User
∙ 9y ago
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What is covered by a trade credit insurance policy?
Trade Credit Insurance is a type of insurance which is offered to businesses. The insurance policy covers accounts receivable, guards against bankruptcy, and protects the business against credit risks.
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.
Do you need to have credit to get motorcycle insurance?
No you do not need credit for motorcycle insurance, but you do need to pay the premium on an insurance policy and have it issued and in force under state law.
What is the journal entry of bought a three year insurance policy and paid in full?
[Debit] Insurance policy Asset [Credit] Cash / bank
What is special about a universal insurance?
Universal life insurance is special in that it allows the policy owner to alter the time period and amount of premium payments as well as the death benefit and you can do this while the policy is in effect. However the altered payments must be with limitations of the company you are getting the insurance through.
what does day insurance cover?
Day insurance coverage is dependent on the type of policy purchased. Usually, this policy covers any damage that occurs during the day it is in effect. On days the policy is not in effect, the benefits to not apply.
Is the mortgage on a house pay off upon death?
No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.No. Not unless there was some type of insurance in place to that effect, either mortgage insurance of a life insurance policy.
How can you find out if a group policy is still in effect?
Phone the insurance company.
Can an auto insurance company cancel your policy after reviewing your credit report?
They usually can't cancel a policy due to credit. The rates can go WAY up though!
What is the effect of credit policy on performance profitability and liquidity?
The credit policy generally demands payment. Working class professionals will generate more money in order to sort out credit requirements.
At what time does an insurance policy go into effect?
In most cases an insurance policy for a car goes into effect the moment the first payment is made. In the case of medical insurance there might be a waiting period based on the insurance company. Life insurance usually goes into effect after the first payment is made, but there might also be a waiting period before benefits will be issued.
How do you find out If you have gap insurance?
By looking at any GAP Insurance Policy you purchased and looking at the dates to see if it is in effect. If you bought GAP Insurance, you would have been given a copy of the bogus GAP insurance Policy.
