0
Can an independent insurance agency file a chapter 11 and what happens with the companies they write for?
Wiki User
∙ 13y ago
Yes an agency can, you will still have the policy and it will be assigned to another agent or the company itself for future service.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What happens if you are disqualified for life insurance?
Check with several independent agents. There are very few things that totally disqualify you from life insurance. One agent may say you are uninsurable, but may be with certain companies.
What happens when your primary insurance does not have a hospital in network but your secondary insurance does?
File a claim with both companies. The companies will pat what they are supposed to pay.
What happens if insurance companies cannot agree liability?
Typically they would arbitrate the matter.
What is Bond Insurance?
Bond insurance is mostly used for people who are truck drivers who are mostly independent contractors. They charge a less fee since they are independent and are more valuable since they are bonded and have liablity aganist them if something happens.
What happens when you switch insurance companies after a policy expires?
Nothing of any consequece happens at all except that you now insured by a different company.
What happens if you wreck your car after filing for Chapter 13 bankruptcy?
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
What happens when a car hits you and they have the same insurance as you?
It would be no difference than if the people involved in the accident had different insurance companies. The coverages are the same so there would be no difference.
What happens to a totaled car after the insurance co pays you for it?
Some insurance companies will sell the car back to the owner. Others sell the totaled car to a salvage yard.
What happens if the person that hits you is covered in another state?
Nothing happens if a person that hits someone in their vehicle and their insurance is covered through another state than the accident happened at. Car insurance companies will pay for damages no matter where they happen at.
What happens if you fail to make required premium payments?
Usually, Insurance Companies gives its insurers an extra of 10-15 days to if they neglect to pay the premium before the due date. Further, if you even delay it further, then you may loose your insurance. You can resurrect it by paying a large amount to the insurance companies.
What happens after chapter 7?
Chapter 8
What happens in chapter 8 in outsiders?
chapter eight- was that the chapter with the rumble?
