Archive for July, 2007
Why does the premium drop when you add home insurance to an auto insurance?
SK asked:
When one has auto insurance alone, insurance companies state that if one is to also get home insurance from the same company, the sum of the two insurances will be less than the original auto insurance alone… Why should insurance companies take less premium for providing more service?
Wilbert Cubbison
When one has auto insurance alone, insurance companies state that if one is to also get home insurance from the same company, the sum of the two insurances will be less than the original auto insurance alone… Why should insurance companies take less premium for providing more service?
Wilbert Cubbison
home insurance canceled for nonpayment because bank froze my account?
Diamond Freak
asked:
My home insurance canceled for nonpayment because bank froze my account at the same time I processed my payment and I did not know till it was to late and my payment was rejected. I took care of the bank problem and my account is unfrozen and the cancelation letter states that the cancelation takes effect June 24 at 12:01 Am. If I call them and explain what happened monday morning do you think they will reinstate the policy if I make the payment again and it clears my bank this time?
Myrle Halcomb
My home insurance canceled for nonpayment because bank froze my account at the same time I processed my payment and I did not know till it was to late and my payment was rejected. I took care of the bank problem and my account is unfrozen and the cancelation letter states that the cancelation takes effect June 24 at 12:01 Am. If I call them and explain what happened monday morning do you think they will reinstate the policy if I make the payment again and it clears my bank this time?
Myrle Halcomb

















