ClaimAdvocate
Ft Wayne,#2Consumer Comment
Wed, December 14, 2011
Your policy requires you to give notice in writing to the company to cancel your contract with them. Its spelled out in the policy. Your right, they make sure you cant cancel to fast as you cant find them and if you do they dont take your calls. Technically you cant stop the premium from being earned over the phone. Thats why your premium is being ate up as we speak. They make sure its difficult to cancel , except when they want to give you the boot.
You need to get the policy and a letter to them to cancel the policy promptly otherwise they can keep charging you premium. If you had a loss you cant collect twice on a property loss, its illegal to profit from an insurance claim scheme, but they can still scam you. Many policies require you to send the actual policy back to them to stop the premium being earned. Just a ploy to keep the policy in force as long as possible to collect more premium by the day that you dont need.
If you feel they have defrauded you go to the Dept of Insurance in Georgia and ask for assistance or file a complaint on line, thats what they are there for. You have no rights, insurers practice anti- consumerism after they get your money.
The Claim Advocate