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 Posted: Thu Nov 04, 2010 2:31 pm Post subject: |
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| Quote: | | they charged me $306 for 1 month service for 2 old ass cars |
And who paid them for the privilege? How big was the gun they held to your head?
According to Forrest Gump's mother, "Stewpid is as stewpid does."
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MaxHerr
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| Posted: Thu Nov 04, 2010 9:00 pm Post subject: |
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Can Allstate charge me for another month if i cancel my policy now?? Allstate charges me 190 monthly  for 1 car with full coverage, new company quoted me 108 for myself, added my boyfriend and his car (in my name too)!!! that is a HUGE difference...For just me, i would have saved over 100 dollars! Allstate is overpriced, and needless to say, overrated!
Back on topic, i want to cancel allstate and go with this new company, but my mom got charged again for a month when she cancelled..but i prepay monthly, so can they do that????
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just me ; )
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| Posted: Wed Nov 10, 2010 3:38 pm Post subject: |
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if you pay ahead, they shouldnt charge you another month. you only pay for the time you are insured. they may bill ahead, but will credit the account once the system updates the date that you cancelled.
rates are based on a lot of factors, credit, insurance history, claims, age, driving record, the companies profitablity in a certain area, and more....like anything else it pays to shop around. different companies rates based on their profitablity and are most competitive in their target market. they may be very competitive in one area, not so in another...and for a reason. also, you may can see if your allstate agent can rewrite the policy, you may now qualify for a better rate. also make sure to compare apples to apples coverage wise..usually a very good reason when rates are that far apart.
Allstate is a good company. Granted, they have their issues, but trust me all companies do. No one company can be the cheapest, or there would be no competition. Ive either sold policies or worked claims with most of them. Typically the problems stem from bad or lack of communication between the customer and the company or agent. Understanding both sides of the issue goes a long way to a happy relationship. A good agent can walk you through and help you find the right company that fits your needs and your budget. Good luck to you  |
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mbyork
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Location: Georgia
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| Posted: Wed Nov 10, 2010 4:02 pm Post subject: |
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If you fail to cancel, thinking your policy will lapse for non-payment of premium, which it EVENTUALLY will, most insurers are now making demands for earned premium for every day a policy was in effect to the actual cancellation date but a premium was not paid.
EXAMPLE: If your premium was due on the 1st, and you didn't pay, they put your policy into the grace period and notify you that your coverage will expire on the 11th. You don't pay, and your policy officially lapses for non-payment on the 11th. But they've extended coverage to you for 10 days, so you owe them 10/365 of the annual premium, plus any other charges they may be entitled to. If your annual premium was $1095, you would still owe them at least $30, and if you failed to pay, (1) they could report it to one or more of the credit bureaus, (2) they could take you to small claims court (or both 1 and 2), or (3) they could go away and leave you alone. It's their choice.
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CA-licensed P&C Broker-Agent and Life Agent. CA Insurance Lic #0596197. Now investigating insurance company abuses, and providing litigation support and expert witness services. Send me your questions, and I'll send you my answers. |
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MaxHerr
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Posts: 4580
Location: Pomona CA
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| Posted: Thu Jan 20, 2011 3:52 am Post subject: Backdating |
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I had cancelled my policy because of my car has not been drivable for a month now and cannot afford to fix it, so my question is: Can I have it backdated from the time my car has been inoperable? My insurance company was Progressive. Thanks in advance for any help.
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anonamouse
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| Posted: Thu Jan 20, 2011 4:22 am Post subject: |
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| doubtful as you were covered during that time it was sitting the yard; doesnt matter that you werent using the car. if it was inoperable, you should have called in to cancel or suspend coverage temporarily until repaired or replaced. backdating would only apply if you sold the car or had insurance w/ another carrier. either events would need to be documented. |
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mbyork
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| Posted: Fri Jul 08, 2011 11:13 pm Post subject: Allstate |
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I agree with you. To ensure that we can't come back on them they should have proof that the policy was not renewed. In anticipation of that, we email the agency and informed them that we would not be renewing the policy. We also left a voicemail. In my opinion that should suffice. The have no right to any other information.
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Frustrated
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| Posted: Tue Jul 12, 2011 4:12 pm Post subject: |
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| Quote: | | In anticipation of that, we email the agency and informed them that we would not be renewing the policy. We also left a voicemail. In my opinion that should suffice. |
While the agent/agency should act on your notice to them, you really needed to contact the INSURANCE COMPANY instead, since that's who issued your contract, and that's who will end it according to your instructions to them.
According to the law of "agency", knowledge of the agent is assumed to be knowledge of the principal (insurer). But, if the agent never passes the information on to the insurance company, the company has no knowledge of your intent, and it does what it normally would do for anyone else.
If you have a legitimate gripe, it is with the agent, not the insurance company. Failure to pass information on to the insurer is NEGLIGENT, and is covered by an agent's Errors & Omissions Insurance. So find out from the agent who their E&O insurance company is and file a claim against the agent for your lost money.
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CA-licensed P&C Broker-Agent and Life Agent. CA Insurance Lic #0596197. Now investigating insurance company abuses, and providing litigation support and expert witness services. Send me your questions, and I'll send you my answers. |
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MaxHerr
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Joined: 29 Nov 2009
Posts: 4580
Location: Pomona CA
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