Auto Insurance Q
11-24-2002, 11:53 PM
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Auto Insurance Q
Long story short, State Farm screwed up on my quoted premiums (or they could have just lowballed me) and I now owe them $1k. Given my policy is about to expire, would I see any hit on my credit (or anything else) if I just flake on payment and have them cancel my policy?
11-25-2002, 12:19 AM
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If you have the detail in writing as far as what you owed (and it shows you were current on your payments) I would have them keep the price the way it was or just walk.
I get a statement once a month from USAA showing what I owe for that month or how much it would be to pay the next six months off. If they all of a sudden came up and said I owed them a bunch more b/c of a mistake I would say sorry, and start shopping.
I get a statement once a month from USAA showing what I owe for that month or how much it would be to pay the next six months off. If they all of a sudden came up and said I owed them a bunch more b/c of a mistake I would say sorry, and start shopping.
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