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because in the renewal the rate will probably increase
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∙ 11y ago
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Can you borrow against a paid-up insurance policy?
Virtually no insurance company offers a loan against a paid up policy - they thoughts are if you cant keep premiums up then you wont be able to keep loan payments up.
Is your car still covered if you enter a different country?
Check your policy to be sure, but in most cases it is covered. I can't think of an insurance company that wont cover you.
Can you pay into an old policy if the policy holder died and the policy hasn't been paid in three years?
Most insurance companies wont allow a policy to be reinstaed after the policy has lapsed (or become paid up). once 13 months of premiums are missed usually the policy becomes lapsed and cannot be reinstated after this time.It is worth calling the customer reps for your insurance company who can confirm this.
Which has a higher premium life insurance or endowment policies?
Endowment policies. In normal life insurance policies, if you outlive the policy term you wont get any money. Whereas, in case of endowment policies, the insurance company returns a big % of your insurance premium to you at the end of the tenure. So, these policies are much higher in terms of premium when compared to regular or pure-term life insurance policies.
How can you sign up for discount insurance online?
Look up any insurance company online and sign up for their insurance online. But make sure you pick a reliable insurance company so you wont get messed up.
If someone without insurance is found at fault when they hit an insured driver how do you get payment?
You can do a couple of things. First, you can file a civil lawsuit against them. Sometimes you will get your money and sometimes you wont. Another thing you can do is check your policy or call your insurance company and see if you have uninsured coverage. If you do, you can get your own insurance to cover the damages.
When does an auto insurance policy take effect if you get into an auto accident at 2am and start an insurance policy at 8am?
The policy was only incepted at 8am so it will only cover you from 8am onwards, you would have been classed as an uninsured driver at 2am! INsurance companies wont pay out on claims which happen hours before you start a policy with them!!
What do you do if your insurance wont pay for damage after a storm you have homeowners insurance but the insurance company is in dispute of the ammount of damage?
HIRE AN INDEPENDENT APPRAISER. FROM INS AGENT IN TX
Can i choose the accident repair company if the accident is other driver's fault?
There are a couple considerations:Yes you can if:The shop you chose is not baned by the paying insurance companyThe insurance company approves the repairing shopThey repairing shop will do the work for the money provided by the insurance companyORYou are willing to pay the remaining amount the insurance company wont cover. I have done this to get a shop I trusted but wanted "To Much Money" for the repair.
Does homeowners cover property that has fallen out of a moving vehicle?
If you have a comprehesive policy it may cover this with a limit. Personal property away from the premises is usually limited to 20% of the limit so hopfully your whole house didnt fall out. But if you do not have a comprehensive policy then there may not be a peril that will cover that, call ur insurance company on this one, they will let you know and wont affect your policy.
What do you do when your car insurance wont pay after an accident?
Check your policy, and if they are trying to cheat you, then sue them till they have to pull out a loan just to go to the bathroom.
Can you get your car registered or get insurance if your license is suspended?
For your safety, wait till the suspension of your driving licence gets revoked.If you are already having a car insurance policy,and your car is entangled into an accident during suspension period, you wont get any insurance claim from the insurance policy. You may also be trapped into police interrogation for driving with a suspended licence.
