Insurance
Is an insurance company allowed to charge a new customer an additional surcharge on their policy because they were with their last insurance company three years instead of five years?
Wiki User
April 10, 2006 2:49PM
Yes, however, it is not an actual surcharge. Prior insurance is a rating factor and determines what rating tier you are put into. It can be based on time with the other company, your bodily injury limits with the other company and if you've ever had any lapses in insurance.
Related Questions
Asked in Insurance, Tickets Points and Auto Insurance Rates
Will a no seatbelt ticket affect your insurance rates in Texas?
Texas Insurers are allowed to access points and premium
surcharges for seatbelt violations. Some Will do so, However, Most
Insurers operating in Texas will not apply the surcharge for a
seatbelt violation.
Asked in Shopping, Sales and Customer Service, Marketing Advertising and Sales
What are the limits of what you are allowed to do in customer services?
what are your limits of what you are allowed to do
Asked in Criminal Law, Consumer Rights and Protection
Can a business owner put their hands on a customer?
Without Customer Consent, No. The Business owner is not allowed
to touch the customer without their consent.
Asked in Insurance
Are you are allowed to buy a tag and registration in Florida without insurance?
No. They will not let you register it without insurance
unfortunately.
Asked in Car Rentals
Can you teach your son to drive in a rental car?
No, only authorized additional drivers are allowed to drive the
car.
IF an accident would happen, then it would be a violation of
your rental contract which voids and and all coverages even if its
personal insurance.
Asked in Medical Insurance
When will secondary health insurance not pay?
if primary paid more than allowed amount or if patient has
primary insurance
Asked in Insurance, Life Insurance
Can you write your own life insurance policy as a life insurance agent?
Yes you can. As an agent, you are allowed to write your own
policies.
Asked in Insurance
Do you need insurance to drive a scooter on the street?
you are allowed on the path but not the road.
Asked in Insurance, Medical Insurance
If you are getting health insurance very soon from your job are you allowed to put your mother on your policy with you if she does not have insurance?
No. Most plans don't offer provisions for putting a parent on
their insurance.
Asked in Sales and Customer Service, Marketing Advertising and Sales
What limits are you allowed to do when delivering customer service?
Good quality customer service requires one to go above and beyond
to make the customer happy. You may only be limited by causing the
company to lose money with an attempt to provide customer service.
Asked in Judaism
What are rabbis not allowed to do?
Rabbis are allowed to do and not do the exact same things as any
other Jewish male. There are not any additional restrictions placed
on rabbis.
Asked in Auto Insurance
Are car dealers allowed to sell auto insurance?
I don't know about every state but in Georgia auto dealers are
no allowed to sell auto insurance. They used to be allowed to sell
insurance but that was stopped back in the early 1990's. I'm not
sure if this was a state regulation or a national law but I do know
that banks and auto dealers were stopped. Banks have been allowed
to start back selling insurance under certain circumstances and in
larger cities but I'm not sure exactly the city size
requirement.
Asked in Insurance, Medical Insurance
How long does it get to get health insurance?
How long does it take to get health insurance? It
depends. Are you talking about health insurance that is offered
through an employer? If so, some employers require their employees
to satisfy a waiting period before they are allowed to
enroll for benefits. Most employers don't have a waiting period
though. Ask your employer's human resources department for
information. And, as with any product, read your insurance
brochures and don't be afraid to call their customer service
department for help or if you have questions.
Asked in Cars & Vehicles, Insurance, Auto Insurance
How many auto insurance policies are you allowed to have in your name?
As many as you want, there is no limit.
Asked in Accounts Payable
Why are discounts allowed listed as a finance expense of the business?
a supplier offers a discount for prompt payment. this is
considered financing the customer the "discount amount" for the
additional days of the net due date when the customer does not take
the early pay discount. so when the customer pays the full amount
on the net due date, the amount above the discount amount is
considered interest revenue. it is treated as such on the financial
statements. Even discount allowed is when the seller of goods or
services grants a payment discount to a buyer. When the seller
allows a discount, this is recorded as a reduction of revenues, and
is typically a debit to a contra revenue account.
Asked in Insurance
Can a woman get insurance to cover collision in Virginia?
All people are allowed to get insurance to cover collision. It
would be discrimination to deny someone insurance based on their
sex. The best way to get coverage is to go to the nearest insurance
agency.
Asked in Auto Insurance
When was Quinn Car Insurance established?
Quinn Direct Insurance Limited was established in 1996 as a
general insurance company. It is no longer allowed to practice in
the UK, though it is still active in Ireland.
Asked in Math and Arithmetic, Business Accounting and Bookkeeping, Mathematical Finance
What is the Difference between trade discount and discount allowed?
trade discount is for trade customer (who has an account with
the supplier)
discount allowed is for walk in customers (no account
holders)
Asked in Banking
In banking systems do you think that every user has the right to access every data?
No. Not every data. A user should be allowed to access only the
data he/she is supposed to access. For ex: a customer should not be
allowed to view the account balance of any other customer whereas a
bank officer should be allowed to view balances of all
customers.
Asked in Insurance, Auto Insurance
Do you need car insurance on a scooter under 49cc in georgia?
If it is allowed for road use at all you must have insurance on
it. The policy you would need would be a motorcycle policy though
and not car insurance.
Asked in Insurance, Auto Insurance, Homeowner's Insurance
Is consolidation of insurance coverage allowed?
Sure, So long as your chosen insurance company offers all the
lines that your would like consolidated, they will be happy to do
it for you.
Asked in Insurance, Life Insurance, Salary and Pay Rates
Can life insurance agents split a commission when one agent is on vacation?
Yes, Insurance agents of a same license type are allowed to
share commissions.
Asked in Insurance, Medical Insurance
If primary insurance pays more than what the secondary allowed?
The balance gets adjusted.
Asked in Insurance, Life Insurance
How do you find out if someone had a life insurance policy before they died and you suspect executor did not notify you?
If you are allowed to look at the person who died personal
records, you want to check bank statements with withdrawals to an
insurance company. You must be legally allowed to do that
though!
Asked in Holocaust, Judaism
What were the Jews forbidden to do during the Holocaust?
Jews were not allowed to have basic rights, such as going into
public after 8 pm They were also not allowed to have national
health insurance.