The Truth About Car InsurancePosted: February 7, 2012
Here is an excerpt from a new blog post at GreggMarcus.com:
Purchasing auto insurance is a complicated and expensive process, which no one enjoys. Insurance companies’ premiums seem to always be overpriced as well as incomprehensible. This is why so frequently there is misinformation regarding insurance coverage and payments. In this blog post, Gregg S. Marcus, a Long Island Insurance Executive lists the most common myths relating to auto insurance, which have all been proven to be false.
My auto insurance company can cancel my policy at any time. As long as you make your monthly scheduled payments, state regulations prohibit insurance companies from dropping you in the middle of your policy term. As long as you pay your premiums and have a valid driver’s license, insurance companies cannot cancel your policy. There are some reasons in which a company could cancel insurance policies, however, they do not have the right to do so at anytime.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.