Hello everyone,

I hope i can see the light here for my problem about the car insurance premium agent. I insured my car . broker and he asked me about deposit cost $300.00 before they insured my car. I take it and the premium every months cost $131.00 and after three days I found a much affordable cheap insurance just only $438.00 for 6 months and I cancelled right away my insurance to the broker. After I talked to the people concerned to the broker they said I will received my refund for 30 days. 30 days is gone and least than a year now i won't received anything from the insurance agent. I found that I still owed money because they told me that is a loan for me cost $1.300.00 for 6 month. Now, i found they are three business that i need to encounter, one is lincoln insurance premium next is Capitol Payment plan this is the one that they sending my payment and the first is my broker agent. Now who do I need to sue for the small claim for my refund? Please I need your answer..Thanks!

progunr

You should go over, in great detail, the contents of the contract or agreement that you signed.

Chances are, the situation with your account will be contained within that document.

If they are doing anything in violation of the contract/agreement, then you may have an action against them.

If the charges they are showing, are in line with the signed document, you will have no recourse.

josephrodney

Hi progunr, i love your answered and i'll take it with my heart, ok, the broker didn't give me anys is over and i kept waitings but 30 daything just receipt that i paid the deposit and i was surprised. He never give me anything about what insurance and how many business people should i'm going to encounter. And i left the place after three days i cancelled my insurance with them because of doubtful. I went to the most affordable and known insurance agent and that day they gave me a policy number right away not that on the broker. I when i'm going to get my refund because i didn't use my insurance premium longer he said that 30 day is over and not i want to sue those people responsible.

progunr

I'm betting that you signed some type of agreement, and you should have received, or asked for, a copy of anything you signed.

In this day and age, when it comes to issues like this, it all comes down to the agreement.
What did it state about cancelations, refunds, etc. and did you sign it.

If you don't have a copy, I would request one, in fact, I would request a copy of anything that I signed. If you did sign an agreement, you can bet that they have the document and will present it if you ever get to court.

It will be to your benefit to see that before you are standing in front of a judge.

Best of luck with it!

Fr_Chuck

First on brokers, they are not normally employees of the insurance company and while they are suppose to notify the company you are going to cancell, when you got your policy, and card you should have written the insurance company also and told them you cancelled.

Also you need to read every paper you signed, This sounds very much like some of the high risk insurance and/or where the broker also works with a loan company to pay the premium for the entire year ( so they get higher commission) and if it was a loan, you may or may not have the ability to cancell the loan.