Which of the following is a reason your insurance may be revoked?

Which of the following is a reason your insurance may be revoked quizlet?

What is a reason your insurance may be revoked? ... Lying on your insurance application. 2. Failing to pay your insurance bill on time.

What causes a car accident?

Distracted drivers are the top cause of car accidents in the U.S. today. Speeding. Speed kills, and traveling above the speed limit is an easy way to cause a car accident. Drunk Driving.

When can insurance cancel?

In general, insurance companies can cancel your policy for any reason during the first 60 days the policy is active. However, they don't typically cancel policies for no reason. It's usually because the risk you present to the insurer has changed since you applied.

When should I cancel insurance after total loss?

As long as the policy was active at the time of the accident (which it sounds like it was), you should be fine. Second, if your car is totaled, you can cancel your insurance if you are not getting another car in the near future. ... Insurance companies give you a better rate for having continuous insurance.

What does it mean when your insurance policy is Cancelled?

Canceled policies happen before the term expires, and insurers may cancel a policy for various reasons. A nonrenewal means a policy won't be renewed once the current term expires. Here are a few common reasons a policy could be canceled during your policy term.

Which of the following actions could easily get you dropped from your auto insurance?

We've explored some of the most common reasons car insurance policies are canceled: things like failing to pay the premium, fraud, making unapproved modifications that change the value and functionality of your car, having your license suspended or revoked, and major moving violations (especially DUIs or DWIs).

When an insurance company cancels a policy what is the method used to determine the premium due?

The pro rata method is used when the insurer cancels the policy; the refund is the premium paid for the unexpired term of the policy.

What happens if you get insurance after an accident?

If you get insurance after an accident, even on the same day, it won't count at the time of the accident. If the other driver causes the accident and you don't have insurance, you can't collect damages in states with “no pay no play” policies.

How can I reduce my insurance rates?

What raises and lowers your car insurance?

Some factors that may affect your auto insurance premiums are your car, your driving habits, demographic factors and the coverages, limits and deductibles you choose. These factors may include things such as your age, anti-theft features in your car and your driving record.

What factors determine auto insurance rates?

Can I cancel insurance after an accident?

The short answer is yes, you can cancel your car insurance after an accident. You can legally cancel your auto insurance at any time, including after an accident. ... Even after your cancelation, your previous insurance company will continue to handle the rest of the claim.

Can I cancel my insurance during a claim?

Can I cancel my car insurance with an open claim? Yes — as long as the accident happened when your auto insurance policy was active, canceling it afterward will not affect your ability to file a claim. ... Moving to a new insurance company will not impact the claim with your previous insurer.

Why would you reject uninsured motorist coverage?

If you already have collision insurance and medical coverage of some sort, rejecting uninsured motorist coverage might be a good way to lower your premium. Otherwise, paying for uninsured motorist coverage is generally an inexpensive way to add extra protection.

Which of the following is a valid reason for an enrollee to be Cancelled?

An enrollee of a Health Maintenance Organization (HMO) may be cancelled or nonrenewed for which of the following reasons? Failure to pay for coverage. An enrollee of a Health Maintenance Organization (HMO) may be cancelled or nonrenewed for failure to pay for coverage.

Can you lose car insurance?

Can car insurance companies drop you? Car insurance companies can cancel, or “drop” your coverage, although you will typically be given enough notice to obtain a new policy. Your car insurance company will likely send you a letter explaining why your coverage has been dropped.

Is there a database for Cancelled insurance?

Insurance providers can validate policyholders' claims history and check records of reported incidents using the central insurance database known as CUE. So, if you've genuinely forgotten to mention something that's later revealed, your policy can be cancelled for failing to declare relevant information.

What are the 6 main causes of accidents?

Which of the following is not an action that will minimize air pollution aceable?

Emissions and pollutants. What is NOT an action that will minimize air pollution? Placing filters on your vehicle's exhaust pipes.

Which of the following causes the most fatalities among teenagers in the US quizlet?

The National Highway Traffic Safety Administration (NHTSA) reports that motor vehicle crashes are the number one cause of death for U.S. teens. An accident may occur if a driver is driving too fast, has distractions, or is drowsy.