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Home > Blog > Clarification
SUNDAY, OCTOBER 17, 2021

Clarification

I had business client reach out to me recently with a question on a personal auto quote he had received from a different agent.  In short, my client understood the quote to be for an annual term, while the quote was actually for a  six month term. The insured proceed to make a vehicle purchase decision based on this and received sticker shock when they went to formalize the coverage.  Some carriers offer:

  • Semi annual policy terms only,
  • Annual terms only, 
  • Semi annual and annual terms.

You always need to confirm with the agent/broker/carrier the duration of the term being quoted.  This should be clearly stated somewhere on the quote. 

If you would like a free no obligation review of quote(s) you have received, please email us at: quotes@BandCIns.com.  

 

Posted 12:37 PM

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