Originally Posted By: surfstar
Originally Posted By: dparm
It's State Farm, to those who asked.
I'm going to not return it and see what happens. Worst case, "oh I didn't know it was required."
"Hmm, never received that." - unless its certified mail, they can't prove it was delivered to you if it ever comes up.
For Dept of Insurance purposes, the carrier is only required to retain a list of letters that were mailed to serve as proof of mailing.
Originally Posted By: JethroBodine
It's from their underwriting department auditing random customers. Throw it in the trash.
It would be wise to check your policy for an audit clause. If your policy is auditable, then this type of questionnaire should be expected.
Originally Posted By: JethroBodine
Originally Posted By: grampi
I don't know what's going on with insurance companies lately, but they sure are getting weird.
They are run by accountants and lawyers. What could be wrong with that?
Or underwriters like myself.
Originally Posted By: grampi
I don't know what's going on with insurance companies lately, but they sure are getting weird. My sister works for State Farm and she said they have people from SF going around to people's homes (who have their home owner's insurance through SF) and if they find anything on the exterior of the home that's not in perfect condition, they send them a letter telling them they have 30 days to get it fixed or their insurance will be dropped. I recently had an agent from Farmer's Insurance Group (I was thinking about switching from my current company to them) tell me they wouldn't insure my home unless I replaced my roof, even though there's nothing wrong with my roof other than it being old. Sounds like they're now getting goofy with auto insurance as well...I don't get insurance companies...no other type of business has a higher profit margin than insurance, and yet they gotta screw with people like this...ridiculous!
Carriers have the right to have a loss control inspection performed to verify the quality of the risk. If compliance is not received, they have the ability to cancel a policy within your state's guidelines. For CA, it's 60 days, but YMMV.
Also, older building systems (be it roof, plumbing or electrical) carry an inherent increase in hazard. There are certain types of roofing such as T-LOCK, that are considered to be unacceptable exposures. Loss Control guidelines vary by company, area and class of business.
Originally Posted By: Donald
Originally Posted By: dparm
I don't DD my car to work or school, so my insurance lists it as something like "not driven to work/school, 7500 miles a year or less". They occasionally send me a letter asking for the vehicle's current mileage and how many miles I expect to drive it over the next 12 months.
The letter says nothing about this being mandatory, nor has my agent ever demanded I come to the office so he can take an odometer reading. I've sent these in before without giving it a second thought, but lately I'm wondering if I am required to fill this out and send it back to them?
I have been ignoring it. If you return it then it must be accurate or it could be considered insurance fraud. But if you ignore it then not much happens. I cannot see that filling out the form ever helps you out.
The insurance companies do not even pull your driving record every year as that costs $8 or $10 in NY. However making other changes may cause them to pull your driving record.
Many carriers will only run a MVR when the policy was written. If the account has performed well and there are no losses, many carriers will automatically issue the renewal policy. For instance, there is one large carrier that follow this practice - and will only re-run the MVR if a claim has been made.