Backdating policy

This will prevent there from being any gaps in your coverage but you will need to sign a no-loss form to state that there were no losses or accidents during the time while your policy was not in force.This is usually only possible as well where the lapse in coverage has been less than 30 days.Thus, they try to make their policies all the more appealing to those drivers that are unlikely to have accidents.The greater the proportion of safe drivers, the greater the profit margins are likely to be.

It would probably not be long before the company went entirely out of business!At Huntley Wealth we love a good deal and we sure are good at getting ’em!So let me fill you in on an industry secret…Most consumers are unaware that life insurance companies use your “nearest age” rather than your actual age to calculate premiums for your policy. Let’s say you turned 60 years old on October 1st 2016.It is a legal requirement that all drivers have auto insurance so that they will be able to cover the costs that other drivers or property owners might incur as a result of their accidents.For example, were you to collide with another driver and it was found that the accident was your fault, then your car insurance would normally pay out to cover that cost.

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