5 .mon Car Insurance Scams-wh60a

UnCategorized There are many types of auto insurance scams – some involving car insurance .panies and others involving individuals trying to scam the system. 1. Being lowballed. This is where you do your research and hunt around for the best car insurance deal you can find. One .pany .es in way cheaper than the rest so you decide to go with them. Then 2 months later, once you’ve signed up and paid your money, you get a letter saying that there was a ‘.pany rate error’ and your premium is actually a couple of hundred dollars higher than the price you were quoted. While it can be difficult to spot a .pany that practises lowballing, one clue is if they offer film processing vouchers or free coupons. Legitimate and ethical .panies shouldn’t need to resort to those sort of tactics to get your business. 2. Buying from a Phony Agent. Just because an agent has a storefront doesn’t automatically mean that they are a real agent representing a real insurance .pany. A proof-of-insurance card can be forged just as easily as letterhead, business cards and signage can. One clue that things may not be as they seem is if the agent issues their own insurance. They can’t legitimately do that because they are ‘agents’ which means that they represent an insurance .pany and aren’t an auto insurance .pany in their own right. 3. Going through a middleman who represents a Phony .pany. While the agent may seem legitimate, you need to do your homework on the .pany they claim to represent. 4. Alliance between an auto insurance .pany and repairer that benefits them but not the insurer. For example, a car insurance .pany may re.mend a repairer that inflates the worth of the car and then charges a high amount to repair the car. In this instance, the car should probably be written off as totalled but the repairer doesn’t do this because it will lose business and the insurance .pany will lose on deductibles. 5. Car insurance quote in exchange for personal information. If you receive a phone call from an insurance agent offering a free quote on car insurance in return for you providing personal information, don’t be fooled. Providing information in this instance leaves you vulnerable to having your identity stolen. The only information required for a car insurance quote should be information about the car. Of course, eventually they will need more information than that to proceed with organizing auto insurance cover but by then you should be feeling .fortable enough to be prepared to provide those details. Just knowing what to look out for can save you time, money and unnecessary frustration. Remember, buy beware! About the Author: 相关的主题文章: