by jonball7 » Sat Jul 11, 2009 09:03 pm
I have taken out an auto insurance policy with State Farm at $1011.63 for the 6 month period and my insurance broker has returned, two weeks into the policy and after the payments stating that he quoted incorrectly and the underwriters have now quoted $1950 for the 6 months? can they legally do this? Where do I stand and what are my rights?
Thank you
Thank you
Posted: Sun Jul 12, 2009 01:35 pm Post Subject:
can they legally do this?
yep..Where do I stand and what are my rights?
You didn't list your state so I can't check the Dept of Ins web site, you can google same, and it will tell you if you have any recourse, I doubt there is any. Time to start getting additional quotes I guess. This happens some times...Surely you had to wonder why their quote was sooooooooo much lower than other companys right?Posted: Mon Jul 13, 2009 04:29 am Post Subject:
Hello Jonball,
can they legally do this?
I'm afraid this can happen. However, certain things I would like to know.
Have you received the initial quote online?
Has the nature of your risk changed since you have obtained the first quote?
Thanks,
Rupert
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