I had to stop to pay my car insurance and left my car because of financial difficulties last November. I am now able to get a car and still need an explanation about my no bonus. Are they obliged to let me pay what I stopped? Is
The current situation is an insurance company or insurance broker must be a customer with all the documents on which they are entitled.
In the past when someone was in default of evidence retained for no premium, until the arrears have been cleared made good, because it was the only asset class that the insurer (or more generally the broker) instead of the customers belonging.
As a broker, I’m all – in the real world, the costs continue to requests for small amounts of money are such that it is not worthwhile and customers defaulting have to credit agreements was an important source of revenue loss (based on the agent receives only 10% of the premium if the customer fails to pay the remaining third, if the broker is significantly out of pocket). We, of course, now with FSA guidelines – the result is that we have to ask for more credit and require a higher down payment – when the good suffer as usual for the crimes of the poor.