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Rashifal, Dec 01 by Digital Patra
Can a company refuse to renew my policy
because of claims that were not my fault?
Your company can nonrenew your
Comprehensive and Collision coverages if
you do not meet its underwriting criteria, as
long as the company gives proper notification.
Many companies will use frequency of claims,
taking into account at-fault as well as fault-free
claims, as one of their criteria.
My company renewed my policy with
another company in the same group. Can
they do that?
Yes, if it gives you proper notification that your
original policy will be nonrenewed.
Why didn’t I get a notice that my insurance
policy was cancelled?
If canceling your Liability, Medical Payments
and Uninsured Motorist or Uninsured/
Underinsured Motorist Coverages for nonpayment
of premium, your company must
mail a notice to your last known address at
least 15 days in advance. Sixty days notice is
required for all other reasons.
The insurance company is responsible for
showing proof that the notice of cancellation
was mailed, not proof that you did or did not
receive it.
If canceling any coverage other than Liability,
Medical Payments and Uninsured Motorists
or Uninsured/Underinsured Motorists, your
company must mail a notice to your last
known address at least 10 days in advance.
After the Accident
What does my policy require me to do after
an accident?
Notify the insurance company of how, when
and where the accident or loss happened.
This should include the names and addresses
of anyone who is injured and any witnesses.
Cooperate with the investigation.
Obtain or authorize the insurance company
to obtain appropriate documents, medical
information and other pertinent records.
When should I notify my insurance company?
As soon as reasonably possible, while the
details are still fresh in your mind.
What if the other driver’s insurance isn’t
enough to pay my bills?
Medical – Your Underinsured Motorists (UIM)
coverage will provide protection for the
difference between the other driver’s Liability
Coverage and the limits under your UIM
coverage. You can find additional coverage
under the Medical Payments coverage portion
of your policy. Check with your agent and
review your policy to make sure you are
adequately covered.
Property Damage – The difference can be
covered by your Collision coverage. Again,
check with your agent and review your policy
to make sure you are adequately covered
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