It doesn’t look like it replaces funds but pays some expenses incurred as a result of the fraud. People often subscribe to Life Lock or get a benefit like this from their credit card company. Better than buying it with home insurance I think. I don’t like to encourage people to file small claims on their home policy.
Is there a way to rerun the insurance score in Progressive auto without having to rewrite the entire policy?
Yes. In NC if something has changed or dropped off the record you can call in and ask for the policy to be re rated.
Yes actually! Message me when I'm back in the office on Tuesday and I can send you screen grabs on how to do it!
Can an Allstate agent explain the "welcome discount" on the HO3 policy? is it a bait discount and the rate goes up in a year?
Lopez It decreases over 3-5 years depending on the state and then gets replaced with a loyalty discount that is about the same
In Alaska it starts at 10% then after the first renewal goes to 5% however the loyalty discount begins and starts at 5% then by year 2 the welcome discount is gone but the loyalty discount goes up to 10% There is no bait and switch because it’s replaced.
Yes, and I took a CE class and they brought numerous examples of where it was used successfully and where it could have been used. They had great real life examples.