They dropped collision coverage I wasn't informed
I was the titled owner of a 2003 vehicle along with the finance co. my son was always the registered owner from the purchase time, He insured the vehicle all along w/collision coverage as required by the bank, In Jan/08 he renewed a policy and the young lady at the brokerage decided to save money he could drop collision coverage, there was still nearly 4800.00 owed on the loan in May/08 the vehicle was totaled (thankfully no injuries) I as the titled owner and the bank had no knowledge of the collision coverage being dropped nor did we give authorization for this to happen,My question is this allowed by law? And if not can I sue them (the broker in small claims) I am currently being held responsible and required to pay the entire balance to the bank, they told me if they had been notified by the insurance co. they would have replaced coverage and charged me for it, I filed a formal complaint with the state insurance dept. and I'm still waiting to hear But if anyone has any knowledge on this and could give any info I would greatly appreciate it ! Thank you very much