Easily Remove Words into the Insurance Plan

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How to Remove Words into the Insurance Plan

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[Music] hello everybody my name is matthew boyo and im with the silvia group insurance agency what id like to talk to you today is about collision insurance on your auto policy you know for the last 20 years my clients have always asked me matt whens a good time to take off collision the premium is rather expensive and i want to try to save some money so back in the day it used to be 10 years old when the vehicle would hit 10 years old we could take collision off never gave it a second thought we could also think about taking collision off once the loans been paid out so you no longer have a bank involved youre going to be solely responsible for the physical damage coverage of the of your vehicle you really need to determine the value of the vehicle before you uh come to any decisions what you want to do and how can we determine the value well theres some great websites out there the nada has a wonderful website that can help you determine the value of the vehicle kelly blue book

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is a written amendment to an insurance policy?

An insurance endorsement/rider is an amendment to an existing insurance contract that changes the terms of the original policy. An endorsement/rider can be issued at the time of purchase, mid-term or at renewal time. Insurance premiums may be affected and adjusted as a result.

What do I have to tell insurance company?

We will need to know their name, age, occupation and driving history. To avoid being pulled over by the police for having no insurance.

Can insurance policy be edited?

They can do this by submitting a letter to the insurer along with proof of the details changed. After verifying the proof, the insurance company will do the needful to carry out the changes. In some cases, they may also ask you to pay an additional premium to update your policy.

What is omitting information that affects the insurance?

Concealment refers to the omission of important information related to an insurance contract. If pertinent information has been withheld from an insurance contract, the insurance company has a right to refuse to pay out claims to the insured.

What not to say when you get in an accident?

Dont say Im sorry A simple Im sorry can be used to show that you admitted guilt and responsibility for the accident. Even if you mean Im sorry youre late for work or Im sorry you are hurt try to avoid using the words Im sorry.

What not to say in an insurance claim?

What Not to Say to an Insurance Adjuster Never Admit Fault. Dont Answer Questions About the Incident. Dont Give Information about Your Physical or Emotional Condition. Dont Accept the Initial Settlement Offer. Contact a Florida Car Accident Attorney Today.

What not to say when talking to insurance company?

Some key phrases to avoid saying to an insurance adjuster include: Im sorry. It was all/partly my fault. I did not see the other person/driver.

What do you say when talking to an insurance company?

You can give them general information about the accident, including: Your name. The name of others involved in the crash. The date and time of the accident. The location of the accident. The insurance company of the other driver. The make and model of cars involved.

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