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What is the insurance agents feduciary responsabilty to notify a client of his homeowners Ins renewal or pending termination My homeowners was terminated and agent advised they do not notiy clients?

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2005-10-14 02:14:23
2005-10-14 02:14:23

If the insurane policy is direct bill, most are, there is no feduciary responsiblity...only moral... It is the responsibility of the underwriting department of the insurance company to notify you of a non-renewal for cause. The agent bears no responsibility for this. If you feel that you did not get proper notification per your state's regulations you can make a formal protest. If your non-renewal was for non-payment of a premium then your late notice would include a notice of the policy termination date.

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