We have travel insurance and they said we are not guarenteed for our cancellation We have 2 cancel our trip because we will basically be homeless if we dont How can I get the insurance to work with us?
There's not much if any leeway in insurance policies to pay for something that's not described as covered. Were you led to believe the policy would pay if you cancelled because you changed your mind? If so, you may have recourse against the person who sold you the policy, but as the purchaser you have an obligation to read and understand the policy before you buy. Read the fine print and see if there is any provision that will respond to your current situation. If not, I'm very sorry yet I don't see how the insurance company can bend the rules without being required to bend the rules for everyone.
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Do u really need mortgage insurance? Do u have any other lifeinsurance policy? If yes, then that policy is sufficien. Just checkthat its amount is enough to cover your CURRENT mortgage amount.feel fre to contact back. Answer Mortgage insurance is usuallyrequired by the lender if the loan is in exces…s of 80% of the loanvalue of the property. A mortgage insurer is usually an investor ora group of investors. In most states there is no requirement formortgage insurance when the loan is 80% or below the value of theproperty. A simple letter to the lender will usually get themortgage insurance cancelled. If your home is in an area wherevalues are increasing rapidly, then it is quite possible that youwill have enough equity to drop the MI after only 2 years. Contactyour lender ( Full Answer )
\n. \n Answer \n. \n. \nYou sure can cancel your insurance policy BUT you might not want to. In our state insurance is required to drive a car or truck and you can be fined and lose you drivers license if your caught driving without insurance. I would question the wisdom of cancelling your …insurance ( Full Answer )
Answer . \nAbsolutely not! If you are still using the vehicle, it must be insured. However, the insurance payment would not be covered by the bankruptcy.
Can an insurance company cancel your homeowners insurance because you refuse to have your car insured with them?
No. One thing has nothing to do with the other. If they threaten it, you should remove all business from them and go through someone else. There are companies who will give you discounts for getting all of your policies in one place (Farmers does it, maybe AllState). Your homeowner's policy can onl…y be cancelled for non-payment of premium, or issues relating to the risk. If a company threatens to cancel your homeowners insurance just because you refuse to place your auto coverage with them, you have a legitimate complaint for the regulatory authorities. Your policy should contain the name and phone number of the agency that handles complaints, such as an Insurance Commissioner. ( Full Answer )
Cancellation . It's very easy to get new insurance. Just like any type of business, insurance companies want you to go to them. You'll just have to come up with a down payment and sign a bunch of new papers so your new policy can take effect. Make sure you get insurance as soon as your old pol…icy gets cancelled because should you have an accident the consequences can get pretty harsh should you get caught without insurance. ( Full Answer )
Answer . So that you can plan for your family now and not when you get sick. If companies could cancel when you got sick, there would be very few claims. Gosh, if the policy we're big enough, they could hire someone to follow you and say you got in a car accident - they could cancel the policy, b…efore you even got to the hospital. ( Full Answer )
Policy Cancellation Questions How do I cancel my policy? You can call Customer Service toll free at 1-877-280-8418. Do I need to have another policy in force to cancel this one? You should have coverage with another carrier or consider staying with Progressive Direct. It's illegal in most s…tates to drive a motor vehicle registered with the state and not carry auto insurance. If you'd like to stay with Progressive Direct, but need information on how to do that, call Customer Service toll free at 1-877-280-8418. Do I need to notify you if I don't want to renew my policy? If you are on Electronic Funds Transfer (EFT) or a credit card bill plan, you will need to contact us to stop the automatic withdrawals you authorized. Otherwise, if your policy is fully paid for and you don't want to renew, you may choose not to send us the amount presented in your renewal bill. Will I get a refund? It depends on how much premium you've paid in advance, where you are in the policy term, any recent policy changes, and any cancel fee which might be imposed. Can I select the date in the future I want my policy to cancel? Yes, on the date you select, your cancel request will become effective at 12:01 a.m. of that day. You will not have coverage through the canceled policy on that day. I'm moving out of state. Do I have to cancel my policy? You will need a new policy for the state to which you are moving. Progressive Direct insurance is available in all states except Massachusetts. Call Customer Service toll free at 1-877-280-8418 and we can work with you to ensure you have coverage that applies to your new home state. I no longer have a vehicle. Do I still need insurance? If you're going to be driving someone else's car, you may need a Named Operator policy. Call Customer Service toll free at 1-877-280-8418 for more information. I have a lifestyle change that affects my policy (marriage, new car or coverage changes), what should I do? You can make changes or update your policy online. Add a driver, add or update a vehicle or change your coverages, or contact Customer Service toll free at 1-877-280-8418 for assistance. If I stop paying, won't my policy just cancel? Eventually, yes, but you will be paying for coverage up to the time we cancel the policy for non-payment. If your policy is not paid up before cancellation, it is possible the unpaid balance can go into collections. Please contact Customer Service toll free at 1-877-280-8418 for more information. I received a cancel notice from Progressive Direct. What are my options? You can make a payment online now or contact Customer Service toll free at 1-877-280-8418 about making a payment or possibly reinstating coverage with us. My policy has canceled. What are my options? Call Customer Service toll free at 1-877-280-8418 to find out if your policy is eligible for reinstatement or to purchase a new policy. If you owe money on your canceled policy, make a payment online now to prevent the unpaid balance from going into collections. Will I be charged a fee to cancel my policy? In some instance, there are fees. They vary, but typically are no more than $50. How can I avoid paying cancel fees? If you haven't already done so, you can pay your premium through the full policy term and allow your policy to expire at the end of the term. Otherwise, if your policy cancels before the end of the term, you may incur a cancel fee. Do you have to report to the state department of motor vehicles that I canceled my policy? A number of states require by law that we inform them when a customer cancels his policy or chooses not to continue coverage with us. Please refer to the related link for more information. ( Full Answer )
Step 1: Determine the current market value of your used vehicle.. Online services such as Edmunds, Kelly Blue Book, etc can help you.. Step 2 : Determine the annual or bi-annual premium for auto collision and comprehensive insurance from your most current insurance statement. Also find the deducti…ble, which is the amount you will pay when filing a claim.. Step 3 : Call your insurance agent and ask them for the replacement value of your used vehicle given the policy current in effect.. Step 4 : Consider the likelihood of an accident or vandalism given your driving habits and territory.. Step 5 : With all the numbers in front of you, ask yourself if the premium and the risk are worth the potential insurance payout?. Case Study (completed in 2008). 1. 2001 Honda Odyessey with 90,000 miles and in need of body work has a market value of between $4000 and $5000.. 2. Insurance premium for both collision and comprehensive is $130.00/ six months.. Collision deductible is $400.. 3. The agent says my car is worth $4000, the lowest blue book value.. 4. I commute 3 miles a day, without major traffic in a safe suburban area.. 5. The bottom line : I'm paying $103 every six months for the chance to receive $3600 ($4000-$400) if my car was "totalled" in a accident. The payout is roughly 35 times greater than my premium. $103 * 35 = $3605.. Conclusion: Keep the insurance until the used car value reaches $3000. ( Full Answer )
Look inside your life insurance policy contract. There should be a provisions section that explains what is required of you in order to cancel your life insurance policy. Usually, you must send a written request signed and dated including your name, name of the insured, the policy number and the d…ate the cancellation should take effect. This written request should be sent to the insurance company listed on the front page of your life insurance policy. If you have any questions, you can contact your life insurance company by phone or call your life insurance agent. Finally, the failure to pay one or more premiums will result in the termination of coverage. If it is a term life insurance policy, the termination of coverage will occur quickly. If it is a whole life insurance policy that has accumulated cash value, unless you take affirmative steps to cancel it (as explained above), the premiums may be paid from the cash value until it is exhausted. ( Full Answer )
Absolutely. You should call them and cancel the automatic withdrawls if that is the way you are paying.
Yes,, Any driver who does not meet the insurers underwriting guidelines can result in the entire policy being cancelled.
Call your insurance company and ask what the policy is for removing coverage. You may not be able to if you signed a contract.
Yes, either by contacting the insurer or the agent to cancel it, or by not paying the next premium when due. However, most states require auto insurance as a condition of registering the vehicle and renewing your driver's license. Therefore, if you have no applicable coverage when you try to do eith…er, problems will arise. Further, if you are involved in a collision that is your fault and do not have liability insurance, you may be personally liable for the other party(ies) damages. In turn, if you are sued for those damages and a judgment is entered against you, the Financial Responsibility Laws of most states dictate that your license will be suspended until payment of the damages is arranged. You are generally also required to obtain an SR-22 which is a type of high risk liability insurance and to maintain it for a stated period of time provided by statute. ( Full Answer )
\n. \n. \nNo you would not. Insurance is only applicable as long as the policy is in force and is VALID. \n. \nOnce the policy gets cancelled either due to non payment of premium or because you want to cancel it, all benefits of the insurance policy become null and void. You would not get any ben…efits out of it after that date. ( Full Answer )
What kind of insurance? Life? Yes, you can simply stop paying. If it is a cash value policy you can surrender it.
I called and asked and they said you can either fax them a letter of cancellation with your name and ID number, or send an email to Individual.Membership@Wellpoint.com with the same info. I did the latter.
In most states, companies are required by law to give you a pro rata refund, that is give your money back for the time remaining on your policy.
Usually you can cancel the Gap insurance anytime you want. You should be refunded money too depending on when you purchased it. Gap Insurance has nothing to do with Auto Insurance. Gap Insurance is just something that you purchase "usually from the dealer" to protect you if your upside down in your …loan. Say you owe $5,000 on your vehicle, but it's only worth $3,000. If you have an accident and it's totaled out. Your insurance company is going to give you only what it's worth. So you would get $3,000 from your insurance company. The Gap insurance would cover the "GAP" between what is owed and what you got from the insurance company. Because your still going to owe the bank another $2,000 for a vehicle that is totaled out. Gap insurance can sometimes be difficult to cancel, and they sometimes they will give you a hard time about it.. But just read the paperwork that you got when you purchased your vehicle, usually it tells you on there how to cancel and if there are any fees involved. Just keep in mind that Gap Insurance is not Auto Insurance, so you would need to have Auto Insurance regardless if you have the Gap Insurance. Good Luck! ( Full Answer )
No, No insurance company in America would cancel your policy simply because you have experienced a disaster or have a catastrophe pending. However, If you have missed your premium payment, your renewal or have a non-renewal notice pending, the mentioned pending catastrophe would have no effect on… your expire date or cancel date. So if your policy has been cancelled or non-renewed, a pending catastrophe will not nullify the policy cancellation or expiration. In simpler terms. The company will not postpone or move your cancel or expire date due to a impending catastrophe. but they also can not cancel your policy just because a catastrophe is on the way. Answer I am only licensed in Virginia, so my answers are directly for Virginia only. But, this may help. Your policy cannot be cancelled due to claims. However, your policy can be "non-renewed" for claims. Even in a catastrophe. In either case, the claim would be paid assuming there are no other problems like lying on an application/fraud. Lastly, each admitted company in Virginia is required to state their requirements for the insureds and their premium calculators(underwriting/actuary) to the state. So, your premiums and reasons for cancellation/non-renewal are set ahead of time. This is a contract which cannot be changed mid-term without cause. So, your insurance cannot be changed, altered, or cancelled without a reason. ( Full Answer )
Only if you get caught driving without insurance can that happen in most states. I wish it would happen in all.
The answer depends upon how long the policy has been in force. There may be a right to a refind of premium paid, called an "unearned premium". However, it exists for only a finite period of time and depends upon the terms of the policy.
Yes. Insurance companies agree to cover the events listed in their auto policy for an agreed upon premium. If you stop paying the premium, they'll stop providing coverage. If the company has extended coverage on your behalf, you could still owe them money for "premium earned" after cancelling it.… ( Full Answer )
If your property is in a flood plain or your mortgagor requires flood insurance, no, you cannot cancel flood insurance.
An insurance company can cancel your coverage for any number of reasons, all of which would need to be laid out in the policy (contract) that you signed with them upfront. The most common reason that a company would cancel your insurance would be for nonpayment. Other than that, you are probably …safe unless you lied about something on the application. ( Full Answer )
You can call the 800 number that is on the back of your insurancecard and speak to the customer service person on the phone. Theymay make you sign a cancellation request or perhaps they can take arecorded statement in lieu of this.
You can look into COBRA insurance at http://www.cobrainsurance.com/COBRA_Law.htm, or ask your city and/or county for low cost insurance options. If you need more help, just contact your local librarian. Many library web sites have a link where you can chat online with a librarian 24 hours a day…, 7 days a week! http://www.publiclibraries.com/ ( Full Answer )
It depends on your state and company. Some can non-renew you for filing too many claims some can do that if you live in a territory where they no longer want to have a certain exposure, like living on the coast and not wanting to have the same exposure to wind or hurricane damage. In some states it …is very hard to non-renew an insured and the insured has to have a certain number of state "points" before you can non-renew. ( Full Answer )
Easy way, You can just stop to pay premiums but I would not recommend it. Because this will be saved under your records and in future when you apply for a new policy, it may affect your premium rate. And nobody wants that i suppose. The best way to do it is make a written request. It can be done …either by policy holder or by agent/broker. Basically, letter must include; . Insured's name(s) - the name of the people that are insured under the policy . The policy number . The name of the company which is insuring you . The date you wish the policy cancelled . All policy holder signatures - everyone listed on the policy needs to sign consent For example; Date FirstName Lastname or Cancellation Department Name of Insurance Company Company's Mailing Address or PO Box Company's City, State, Zip Code Re: Policy Number: #__________ Cancellation I am sending you this written notice to request cancellation of my insurance policy effective [insert cancellation date]. I would appreciate you sending me written confirmation within 30 days that the cancellation has been put into effect. Please refund the unused portion of my policy premium, and cease charging my bank account for payment of monthly premiums. Thank you for your prompt attention to this matter. Sincerely, [Your Signature] Your FirstName Lastname Your Mailing Address or PO Box Your City, State, Zip Code ( Full Answer )
When you feel it is no longer necessary such as not having the car anymore, the cars value being to low to insure, or you don't think it is or risk of being damaged by perils out of your control.
Yes, actually the largest amount of non renewals for home insurance are due to claims.
If this is a vehicle you own and can not pay for it any longer and decide to give it back, yes, you should cancel the insurance you have on it AFTER it is out of your possession.
It's not a matter of legality. It's a matter of the companiesunderwriting guidelines. No insurance company is going to cancel your policy due to yourhaving a service dog. They can however cancel your policy if youown a certain breed of dog that is on the companies prohibitedlist. For example, If a… company does not allow Pit Bulls, then that won'tchange simply because the Pitt Bull has been trained as a servicedog. If they made an exception for that breed because it is servicetrained, then the company could be accused of discriminationagainst all those who's Pitt Bulls are not trained for service. ( Full Answer )
Yes, if you cancel your home insurance policy mid term you would be entitled to the unearned portion of your premium payments.
If you don't own a vehicle, or have no intention of driving, you do not have to maintain auto insurance.
Personally, I use the Post Office's travel insurance. I find for an infrequent traveller that they are best for illness related cover both at home and abroad.
If you are an active employee you would need to contact your personell office, and if retired, contact the office that handles retirement benefits. It should only require that you sign a form or two.
Cancellation insurance for a wedding can cost you between $100 to $200 depending on what you want covered. If you only want attire, rings, etc. that is for the lower amount. If you want liability insurance in case someone is hurt, go for the $200.
You either are a horrible driver or you didn't pay your bill. Or something else..
Yes. It may be a hassle, but it is important to choose the best coverage at the least cost for your family.
Generally one would cancel a home insurance policy whenever one decides they no longer need it, such as sold the home or the home no longer exists, etc.
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 th…ats 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. ( Full Answer )
When the factory has closed down or the building no longer needs fire insurance, you are to write to the Insurance Company citing the reason as applicable, and ask them to discontinue the policy.
One can obtain trip cancellation insurance in the UK through various companies, many of which can be found online. Some of these include Schofields, Holiday Safe, and easyJet.
Insurance can be canceled in a couple of ways. The easiest is to refrain from paying the next premium whereupon the policy will cancel for lack of payment of premium. However, it is important, before you do this, to have suitable new insurance in place. You need this for self-protection, and also be…cause all states require compliance with Financial Responsibility Laws. These laws require the maintenance of auto insurance, and inn the event of noncompliance, your license and tags can be suspended. Additionally, if the car is financed, the bank or finance company will require proof of insurance to protect its interest in the collateral. Failing receipt of the proof, it will obtain single party insurance on the collateral to protect its interest. This is usually much more costly than naming the financier as a loss payee on your collision coverage through your own insurer. ( Full Answer )
Travel cancellation insurance can be purchased with various options. It will provide reimbursement of prepaid nonrefundable trip costs when you need to cancel or postpone your scheduled trip. Depending on the type of travel cancellation insurance you purchase you must comply with the list of covered… reasons for cancellation if you do not purchase an insurance which covers cancellation for any reason. This option is more expensive but does not limit the reasons for cancellation of your travel plans. ( Full Answer )
There are many places where one can purchase cancellation insurance. This includes your local travel agent as well as online sites such as Travel Guard and the BCAA.
Yes, The terms of our Homeowners Insurance Policy state that wemust notify the insurance company if there is a change in residenceof the home. Failure to comply with the terms of the insuringcontract are grounds for cancellation or non-renewal of the policy.
You just need to buy another policy. Different company, samecompany, wherever you want to purchase it. Just re-apply forcoverage if you can't reinstate the old policy.
actually i started reliance life insurance(cash flow plan) at 14thjune 2011 and after i paid two premiums yearly, and i now i wantstop my insurance due to some financial problems so please give me suggestion , how can i collect my previous amountand what is the procedure
As long as you have not received payment and cashed the check you can always tell your agent or the adjuster that you wish to withdraw the claim. It should not be an issue with the company unless they finished the claim and closed the claim but even then they may be agreeable to allow you to withdra…w if you wish. These days you only want to make claims for larger claims. Insurance is not for small claims and it can actually do you more harm than good to make small claims. Insurance companies track amount of claims as well as frequency of claims and either can hurt your record. ( Full Answer )