Moderators Moderator_02 Posted June 10, 2017 Moderators Share Posted June 10, 2017 Following article (in both English and Spanish) was extracted from the 8-14 June 2017 issue of The Visitor / El Visitante, page 23. Quote Link to comment Share on other sites More sharing options...
Bud Posted June 10, 2017 Share Posted June 10, 2017 Can someone help me understand the bottom line here? On the surface this sounds like it is good news for consumers (policy holders), but then at my age I have learned to be cautious (at times skeptical). Yes, I do intend to discuss with our insurance agent. Quote Link to comment Share on other sites More sharing options...
Keith Woolford Posted June 10, 2017 Share Posted June 10, 2017 Auto insurance policies previously had "exclusions", clauses which nullified coverage in cases where, among others, the operator did not have a valid License the driver was intoxicated late payments on the policy Insurers will now be unable to deny coverage in those situations. This has to mean premium increases. Quote Link to comment Share on other sites More sharing options...
Penny Posted June 11, 2017 Share Posted June 11, 2017 I agree with Keith. If the insurance company can no longer deny coverage to holders who violate the terms of the contract, the premiums for all of us will rise. Quote Link to comment Share on other sites More sharing options...
Bud Posted June 11, 2017 Share Posted June 11, 2017 22 hours ago, Bud said: Can someone help me understand the bottom line here? On the surface this sounds like it is good news for consumers (policy holders), but then at my age I have learned to be cautious (at times skeptical). Yes, I do intend to discuss with our insurance agent. Our insurance agent has reviewed our situation, and responded: Quote This will not affect you at all. You do not need to worry about it. Quote Link to comment Share on other sites More sharing options...
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