A Guide to Insurance Knowledge Ppt, i2s Insurance Knowledge
1 of 6
If you need a quick refresher on the i2S’s insurance portfolio, here’s what you need to know.
- The i2 will cover you if you are hit by a collision or your car gets totaled and/or you become disabled.
How to apply:
Select your vehicle.
The i2M’s auto insurance is limited to 1,000 vehicles.
The most popular vehicles are those with a base price of $40,000 or more.
- Learn how to apply
- By default, the iM will not cover you unless you request a waiver from your insurance carrier.
If you do, the auto insurance will be automatically paid out by your insurance company, but you may request a refund of the premium you paid.
The amount of the refund depends on the coverage of your vehicle, and it may not be refundable if you’re not eligible for a refund.
- If you are eligible, you will be given a notification when your coverage is available.
Once your coverage becomes available, your insurance will automatically be renewed, and you can cancel anytime.
Choose your coverage.
The premium you pay will vary depending on the type of vehicle you own.
The basic i2 plan covers you for one car, and the premium for a more advanced i2 plans covers two cars.
In addition, you pay the premium based on the number of occupants in the car, but it’s not fixed at one per vehicle.
In other words, your coverage will increase based on your personal needs.
Apply for coverage.
You can apply online, or call your insurance agent directly.
Once you have been approved, you’ll be sent an e-mail with your application status.
This e-mails will tell you whether your insurer is willing to renew your coverage and, if so, when your premium will be due.
Your insurance agent will then send you a confirmation e-mention, which you can accept or decline.
The insurance company will send a check for the premium that was paid.
If the check is paid before your coverage starts, you won’t pay the extra premium.
The check is not required for a renewal, but some insurance companies require it.
The e-ments usually tell you the date you will receive your renewal notice, but sometimes you can request an update by going to your insurance page and selecting “update my policy.”
Receive your renewal notification.
If your insurance plan has not renewed your coverage, you may be required to pay the $150 renewal fee.
The renewal fee is a credit toward your next insurance premium, so if you have a bad experience with your insurance, the renewal fee will be added to your next premium.
If this doesn’t happen, you can apply for a waiver.
You may not qualify for a renewed policy if you do not pay the fee within 30 days of the date of your renewal.
If so, you should speak to your insurer directly to determine if you should cancel your coverage or request a replacement.
Your insurer may offer a refund or payment of the renewal fees, or both, if your policy has been renewed without a waiver or payment.
If you’re getting a quote from an i2, you’re likely paying the same