0
What is the duty of disclosure required by insurance company and insurer?
Wiki User
∙ 11y ago
It depends on the state but the disclosures will usually be spelled out in your policy. Most state insurance departments require that they provide full disclosure of policy coverages and exclusions in your policy.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Who is the registered agent for Frontier Mutual Insurance Company?
In order to transact insurance in a state, an insurer is required to designate the state Insurance Commissioner as agent for service of process (Registered Agent). Therefore, suits against the insurer must be served on the state Insurance Commissioner of the state in which the suit is filed. He/she then transmits the summons and complaint to the person designated by the insurer.
Is it required to notify you when I have terminated my auto insurance with you and gone with another company?
Nope. You can opt to get insurance from a different insurer at your will and there is no need to intimate your existing insurance provider. Note: If you fail to pay your yearly premium, the insurer will automatically nullify your policy and you no longer will be covered by their policy
What is the difference between insurer and insurance company?
Nothing
What happens when your car insurance is cancelled by the insurance company?
What happens is that you get a new insurance policy, possibly with another insurer. Any unearned premium will be returned to you by your insurer.
How do you track down an insurance company to submit a claim?
The customary method is simply to telephone the company. and press the button for claims. Provide the information required by the insurer and they will process your claim.
What is a word for the company or agency that writes an insurance policy?
insurer
Why would an insurance company pay the insurer and not the company that did the services?
i think its insurer who handle all the activity that's why but if you want best answer on this then visit ICICI Lombard site for more support on insurance question.
Is an at-fault drivers insurance company legally required to contact me?
If you have filed a claim or a loss report with the Insurer of the at fault Driver, then "yes" they are required to respond to your claim. The time limits imposed on their response will vary depending on your state Insurance laws. Each state regulates the insurance industry as operates within it so the rules will vary from state to state. An Insurer however is generally not required to contact you if no claim or loss notice has been presented to them.
How good is AARP car insurance?
AARP is not a insurer. They refer seniors to a insurance company that pays them a fee.
Can you get auto insurance without an agent?
Yes, you should call a direct-insurer (which is the insurance company) and you can buy your insurance from them directly.
Is a mutual insurance company Not-for-profit?
A mutual insurance company is a corporation owned by its policyholders who may receive dividends if the insurer's operations are profitable.
Can an insurance company collect from a person who they already paid a claim if the person sues and gets money?
Yes they can, but it depend on the case though. If you were awarded damages by the court for damages already paid by your insurance company then you are required by law to reimburse the insurance company, Otherwise you will have received double indemnity (you got paid twice) which is illegal and a felony. Any part of your judgment award for which you were not covered by insurance you can keep. But anything for which you were already paid by your insurer you must pay back to that insurer, It's the Law.
