0
What can I do when my Health insurance company accepted late payment then cancelled policy?
Wiki User
∙ 14y ago
My mom had the same issue. Her payment was late but they cashed the check. Issued a letter cancelling her and then sent issued her a refund. It seems to me the act of cashing the check, implies acceptance of payment. Does anyone have an idea if this is true? The letters about the cancellation came while she was in rehab and she did not receive them until she was home. Anybody have any thoughts ?
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
You own your home you stopped paying for home insurance. will i have problem restablishing a home insurance?
If your previous home insurance policy was cancelled for non-payment, the company you were insured with may choose not to reinstate the policy depending on your history with the company. While this company does not have to reinstate your policy, you will be able to bind insurance with another provider. If this company asks if you have been cancelled previously for non-payment, answer honestly. This will not disqualify you for obtaining insurance, however it may disqualify you from receiving a continuous coverage discount if they offer it.
Does accepting payment automatically bind cancelled car insurance?
No.
If you said you would take cash but later changed your mind and called your insurance company can you be penalized for the verbal agreement?
Not if you haven't already accepted the payment. Your policy most likely states that if you 'accept' payment from a tortfeasor then you waive the right to recovery from your own policy. Also, if you have accepted payment but the amount you have accepted is less than the deductible under your own policy, your insurance company may still allow you to file under your own policy. The company will then pursue the tortfeasor or their insurance company for the remaining amount of the damage.
What do you do if your auto insurance has been cancelled due to nonpayment with safeco?
Call the company, Offer to make your payment and request a re-instatement of your policy.
Does car insurance become cancelled when the owner passes away?
Not unless the deceased calls the company to cancel. The insurance company cannot cancel the policy unless it is requested in writing by the insured or executor or if it cancels for non-payment.
Can a home insurance policy be cancelled for non payment?
Yes. Non Payment of premium can cause a cancellation or non renewal of an insurance policy.
Can you get a new health insurance policy if your previous one was cancelled for non payment?
Yes
Your home insurance was not paid by the mortgage bank last month The insurance policy has been cancelled Does the bank have to insure you now?
The bank must make payments of these items from the account on time, if you kept an escrow account with the bank and carried out regular deposits for the taxes and insurance payment. If the bank does not pay the insurance premium on time and the insurance policy is cancelled, the bank must either get in touch with the insurance company and make them reinstate the policy, or buy a policy with another company. Nevertheless, within this time you keep being liable for continuing the insurance payment through your escrow account.
Where and how to get Condo Insurance If Condo Insurance cancel you?
First we would need to know why you were cancelled? As if you were cancelled for misrepresentation or fraud then you are in trouble, but if you were cancelled for non payment then just call up some other insurance companies and get quotes should be no issue, you may see a jump in your premium and thats unavoidable and you will have to live with it for around 3 years. If you were cancelled for underwriting reasons, inquire as to what that was so you can change it for the next insurance company. Condo insurance is very complex and although it is cheaper then most insurances for property it is the most difficult to adjust for a claim.
Car Insurance company canceled your car insurance without you knowing and police stopped you and you have to go court what will happen?
Assuming your insurance company cancelled the policy because you missed a payment, you are out of luck. The insurance company does not have an obligation to notify you of bills due, they do this out of courtesy because they would like to receive payment. If you are paying monthly find out what day your bills are due and make sure you pay them each month. If you move or change your phone number be sure that that is updated.
How i check my policy status?
I assume you mean how can I check if the policy is in force, in danger of lapsing, or cancelled for lack of payment. I would simply call your agent and/or the insurance company's customer service.
How I can check policy status?
I assume you mean how can I check if the policy is in force, in danger of lapsing, or cancelled for lack of payment. I would simply call your agent and/or the insurance company's customer service.
