Is my first insurance transfer of funds free if the company make a mistake?
I used an insurance brokerage company to get auto insuance. I wrote a check (to the brokerage company, not progressive) for the first month of insurance on 5/13. It is now 6/15 and the check have not been taken out of my bank tale yet. I feel that the brokerage company may enjoy lost or misplaced my check and does not realize it. When I check online with progressive, it says that the first contribution has been received and my subsequent payment will be automatically deducted on 6/25.
My sound out is when can I assume that the check I wrote will not or cannot be cashed? Do I have to wait the 90 afternoon void period for the check I wrote? Or can I assume that after I made the second costs, the check just wont be cashed? Any thoughts or ideas? Hopfully someone who works for a insurance company can consent to me know.
Answers:
I recommend an online insurance quote. It's free and quick to do. http://www.simpleautoquotes.com/Auto-Insurance.html
Hope it works out
lol first insurance wage free i wish, most likely the brokerage sent it on to progressive take the check number and go to your bank and check surrounded by person that it did or did not go though any which way count that money as being gone it will stockpile you a lot of heart ache. also check near the brokerage or call the number for progressive and check with them nearly if they received the check make sure you have the check number and own the recite for the check
The broker company will eventually realize their mistake when they do their accounts at the end of the quarter ( or half every twelve months or whatever )..then they will ask you for the expenditure. A similar incident involving a bank transfer to a private get-together had happened to me.
No. You don't get free insurance if Progressive make a mistake.
If that check hasn't hit, then it's highly possible it bounced.
They own six months to cash the check.
Assume nothing. Call the insurance company and find out what is going on. If you procure into a accident today or before 6/25, you want to breed darn sure you have insurance,
NO. if you sent a check and the company say they have it, don't send another. If they right to be heard they don't, verify with your bank. If you put a stop income on it, your bank will charge you, and also if and when the company's lockbox gets it, it will stir through and the COMPANY will charge you for a stopped check. (the insurane company uses a different company-sometines wells fargo, for example-to receipt payments) If you distribute a second payment and both are received, it will pay the subsequent month.
Related Questions:
My sound out is when can I assume that the check I wrote will not or cannot be cashed? Do I have to wait the 90 afternoon void period for the check I wrote? Or can I assume that after I made the second costs, the check just wont be cashed? Any thoughts or ideas? Hopfully someone who works for a insurance company can consent to me know.
Answers:
I recommend an online insurance quote. It's free and quick to do. http://www.simpleautoquotes.com/Auto-Insurance.html
Hope it works out
lol first insurance wage free i wish, most likely the brokerage sent it on to progressive take the check number and go to your bank and check surrounded by person that it did or did not go though any which way count that money as being gone it will stockpile you a lot of heart ache. also check near the brokerage or call the number for progressive and check with them nearly if they received the check make sure you have the check number and own the recite for the check
The broker company will eventually realize their mistake when they do their accounts at the end of the quarter ( or half every twelve months or whatever )..then they will ask you for the expenditure. A similar incident involving a bank transfer to a private get-together had happened to me.
No. You don't get free insurance if Progressive make a mistake.
If that check hasn't hit, then it's highly possible it bounced.
They own six months to cash the check.
Assume nothing. Call the insurance company and find out what is going on. If you procure into a accident today or before 6/25, you want to breed darn sure you have insurance,
NO. if you sent a check and the company say they have it, don't send another. If they right to be heard they don't, verify with your bank. If you put a stop income on it, your bank will charge you, and also if and when the company's lockbox gets it, it will stir through and the COMPANY will charge you for a stopped check. (the insurane company uses a different company-sometines wells fargo, for example-to receipt payments) If you distribute a second payment and both are received, it will pay the subsequent month.
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