Brook
Alpharetta,#2Consumer Suggestion
Mon, November 07, 2005
Daniel, Your insurance premium increase wasn't an attempt at bait and switch. When you created a quote, you provided information that indicated you had prior insurance coverage, which entitles you to a premium deduction. From the company's point of view, I'd be willing to bet they didn't receive (or lost) the fax you sent with your prior carrier (i.e. State Farm) information. If Safeco received a copy of your declarations page, Safeco would honor the original quote (assuming the information matches what you put on the quote). The reason companies do this: risk assessment. There's a big difference between providing insurance to someone who has never carried insurance or who had his/her coverage cancelled and someone who has carried continuous insurance for a long period of time. What you need to know about insurance is that *every* single piece of information you provide drives the premium you're quoted. Insurance companies try to verify information to make sure they're giving discounted insurance to folks who deserve it. If I asked for insurance and said that I have a perfect driving record, prior insurance, great credit and I am a medical doctor, I would be a good risk and deserving of lower insurance rates. But, what if I lied to get a cheaper premium...in reality, I am an unemployed bum with 4 DUIs. Those are two different risks and require two difference premiums. Your proof of prior insurance is supporting evidence that you're the former risk, and not the latter. Incidently, you can get the information Safeco is asking for by asking State Farm for an updated "dec page;" you should also be able to print one off their website. I hope you get the issue resolved.
Brook
Alpharetta,#3Consumer Suggestion
Mon, November 07, 2005
Daniel, Your insurance premium increase wasn't an attempt at bait and switch. When you created a quote, you provided information that indicated you had prior insurance coverage, which entitles you to a premium deduction. From the company's point of view, I'd be willing to bet they didn't receive (or lost) the fax you sent with your prior carrier (i.e. State Farm) information. If Safeco received a copy of your declarations page, Safeco would honor the original quote (assuming the information matches what you put on the quote). The reason companies do this: risk assessment. There's a big difference between providing insurance to someone who has never carried insurance or who had his/her coverage cancelled and someone who has carried continuous insurance for a long period of time. What you need to know about insurance is that *every* single piece of information you provide drives the premium you're quoted. Insurance companies try to verify information to make sure they're giving discounted insurance to folks who deserve it. If I asked for insurance and said that I have a perfect driving record, prior insurance, great credit and I am a medical doctor, I would be a good risk and deserving of lower insurance rates. But, what if I lied to get a cheaper premium...in reality, I am an unemployed bum with 4 DUIs. Those are two different risks and require two difference premiums. Your proof of prior insurance is supporting evidence that you're the former risk, and not the latter. Incidently, you can get the information Safeco is asking for by asking State Farm for an updated "dec page;" you should also be able to print one off their website. I hope you get the issue resolved.
Brook
Alpharetta,#4Consumer Suggestion
Mon, November 07, 2005
Daniel, Your insurance premium increase wasn't an attempt at bait and switch. When you created a quote, you provided information that indicated you had prior insurance coverage, which entitles you to a premium deduction. From the company's point of view, I'd be willing to bet they didn't receive (or lost) the fax you sent with your prior carrier (i.e. State Farm) information. If Safeco received a copy of your declarations page, Safeco would honor the original quote (assuming the information matches what you put on the quote). The reason companies do this: risk assessment. There's a big difference between providing insurance to someone who has never carried insurance or who had his/her coverage cancelled and someone who has carried continuous insurance for a long period of time. What you need to know about insurance is that *every* single piece of information you provide drives the premium you're quoted. Insurance companies try to verify information to make sure they're giving discounted insurance to folks who deserve it. If I asked for insurance and said that I have a perfect driving record, prior insurance, great credit and I am a medical doctor, I would be a good risk and deserving of lower insurance rates. But, what if I lied to get a cheaper premium...in reality, I am an unemployed bum with 4 DUIs. Those are two different risks and require two difference premiums. Your proof of prior insurance is supporting evidence that you're the former risk, and not the latter. Incidently, you can get the information Safeco is asking for by asking State Farm for an updated "dec page;" you should also be able to print one off their website. I hope you get the issue resolved.
Brook
Alpharetta,#5Consumer Suggestion
Mon, November 07, 2005
Daniel, Your insurance premium increase wasn't an attempt at bait and switch. When you created a quote, you provided information that indicated you had prior insurance coverage, which entitles you to a premium deduction. From the company's point of view, I'd be willing to bet they didn't receive (or lost) the fax you sent with your prior carrier (i.e. State Farm) information. If Safeco received a copy of your declarations page, Safeco would honor the original quote (assuming the information matches what you put on the quote). The reason companies do this: risk assessment. There's a big difference between providing insurance to someone who has never carried insurance or who had his/her coverage cancelled and someone who has carried continuous insurance for a long period of time. What you need to know about insurance is that *every* single piece of information you provide drives the premium you're quoted. Insurance companies try to verify information to make sure they're giving discounted insurance to folks who deserve it. If I asked for insurance and said that I have a perfect driving record, prior insurance, great credit and I am a medical doctor, I would be a good risk and deserving of lower insurance rates. But, what if I lied to get a cheaper premium...in reality, I am an unemployed bum with 4 DUIs. Those are two different risks and require two difference premiums. Your proof of prior insurance is supporting evidence that you're the former risk, and not the latter. Incidently, you can get the information Safeco is asking for by asking State Farm for an updated "dec page;" you should also be able to print one off their website. I hope you get the issue resolved.