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Have i been cheated?

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A

aseem

Guest
What is the name of your state? California.

I requested an an auto insurance quote from this Insurance company agent. He asked me how long had i been driving a car?
I told him 1 year in the US and 8 years in my home country- India.

He gave me a good quote ($600 for 6 months) and I paid him 50% of the insurance premium ($300) and very soon i was sent a temporary insurance evidence.

Now, after a month i received a call from the agent and he says that he needed an evidence of my Driving experience in India. Now, i have misplaced/lost my prior licence and do not have it. So, he says that my insurance would go up by $1000.
Since that was too high, i said that i do not want the insurance, and that i should be refunded my money.

He said since i was kep insured for one month, my payment was all gone.
Now, my question is:
Should he not calculate my refund on the basis of the original quote that i got? that is $ 100 should be adjusted towards my one month's premium and i should get $200 refunded.
Instead of this, the insurance company is using the new price of $1600 for calculating my refund.
Should i be forced to accept the new price?

Please let me know.

Thanks.
Aseem Mal.
 


tammy8

Senior Member
Insurance companies are required to base rates on driving experience and since you can't prove from the time the policy was written the inexperienced rates become effective from the date of the policy being bound. My advice is to contact your country and see if you can get a copy of your previous experience. If you can provide the agent with this proof, the company should go back and credit your policy. If you are considering changing companies, be cautious as some companies do not recognize out of country experience.
 
A

aseem

Guest
tammy8 said:
Insurance companies are required to base rates on driving experience and since you can't prove from the time the policy was written the inexperienced rates become effective from the date of the policy being bound. My advice is to contact your country and see if you can get a copy of your previous experience. If you can provide the agent with this proof, the company should go back and credit your policy. If you are considering changing companies, be cautious as some companies do not recognize out of country experience.
I think my question is:

Should he not calculate my refund on the basis of the original quote that i got? that is $ 100 should be adjusted towards my one month's premium and i should get $200 refunded.
Instead of this, the insurance company is using the new price of $1600 for calculating my refund.
Should i be forced to accept the new price?
 

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