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Is there a penalty if you do not tell a your insurance company about having two speeding tickets when renewing your policy if they do not ask?
The insurance companies know how many tickets you get as soon as they punch your drivers licience number into the computer. It all comes up there if the tickets were in the past 3 - 6 years. If your insurance company doesn't ask you don't have to tell. However if you give them a reason to check your MVR, such as filing a collision claim then you may be in trouble. Drive carefully!
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Is there a penalty if you do not tell a new insurance company about having two speeding tickets?
It depends. One way or the other, your new carrier will find out about the speeding tickets. And, of course, when you got the speeding tickets matters, too. If they're fairly recent (ie, in the last three years), your carrier can do a couple of things: 1. Drop you altogether for misrepresenting yourself on your application. 2. Raise your premiums accordingly, including back-dating your premium to the policy inception to include the charge for the speeding tickets. If I were you, I'd let them know ASAP so you don't have any nasty surprises. You changed companies because of the other insurance company's overbearing cost for their assigned points. Is there a penalty for the Insurance companies for not openly disclosing in their policies the $$ cost of their points on their insurees? There is no penalty for not "disclosing" costs. Insurance underwriting takes many factors into account and cannot be predicted or disclosed ahead of time. At the time that the accident or crime shows up on your record, you will get your new insurance rate quote. It is your choice to accept the rates, or shop around for a better price. If you drop your former insurance company and apply with another company without telling your past history, another company may refuse to insure new policy. It is better to keep old policy and shop around for better price for future policy change. Wait until your old policy expire before accept new policy with other insurance. Most other insurance will NOT accept if you still have your insurance policy in service. You may have to wait until it expire.
Is there a penalty for misrepresenting dog breed to insurance company?
There is a penalty for misrepresenting information requested on an application for insurance. When you sign the application you are certifying that the information you provided is true. If the company determines that you lied, it won't pay the damages and may prosecute you for fraud. The fine can be expensive.
You were driving someone elses car with no insurance and got a speeding ticket What is the penalty?
Contact your local DMV or the Law enforcement department that issued you the citation. They will be happy to tell you the amount of the fines (penalty) you will need to pay and where you need to pay them.
Can a penalty paid for early withdrawal of funds in an annuity be deducted from Federal Income for tax purposes?
The insurance company surrender charge is not deductible. Nor is the 10% federal penalty.
What is the statute of limitations for speeding ticket in Illinois?
In Illinos a speeding tickets does not have a statute of limitations. You have been informed of the violation and penalty.
How much should you pay for speeding in Ireland?
A speeding fine in Ireland is €80 and 2 penalty points on your license.
A sentence with the word Incur?
Drivers who are convicted of speeding incur a penalty.
What was the penalty for not having health insurance in 2015?
The penalty for not having health insurance in 2015 was a fee imposed by the government, known as the individual mandate penalty.
Speeding in a school zone has a penalty of 10 points on your driver's license?
YES
What are the penalties for not having health insurance?
The penalties for not having health insurance include a tax penalty imposed by the government. This penalty is known as the individual mandate penalty and is enforced to encourage people to have health insurance coverage.
What provision requires the insurance company to pay claims promptly?
Every state has some sort of "Prompt Pay Law" which determines how long an insurance company has to pay a claim or they will incur a penalty. However these vary greatly from state to state.
How much is the fine for speeding in Britain?
The fixed penalty notice for speeding is £100 for each offence. If it goes to court, the maximum is £1000 for each offence. -- The minimum penalty for speeding is a £100 fine and 3 penalty points added to your licence. You could be disqualified from driving if you build up 12 or more penalty points within a period of 3 years. If you're stopped by the police for the speeding offence, they can either: (A) send you the details of the penalty (B) send the case straight to court If you weren't stopped by the police for the speeding offence (eg it was caught by speed camera), the vehicle's registered keeper must be sent a notice of intended prosecution within 14 days. You may have to go to court if you ignore the notice.
