Ignorance of the law excuses no one and not reading your
car insurance policy then complaining is a lame excuse. Before you encounter any disputes
with your insurance provider, read through these important terms of your
policy. If you are not aware how to properly read it, then consider these
helpful notes to assist you.
The Power of "OR” over the "AND”
If you notice the terms "or” and "and” in your policy, associated
with names of who are allowed to cash the check ; then remember that the term "OR”
gives authority to the other recipient to cash the insurance settlement check
even without your signature, but the term "AND” requires your signature before
the check can be cashed.
The Vehicle and Policy Holder Information
See that the listed information on these sections of the
policy accurately states your name and your vehicle description. If you notice
any mistake in this information then you should return it back to the insurance
agent for it to be changed before signing it.
The Coverage and Premium Page
Be extra vigilant in reading this page because it is the
portion of the policy where most mistakes are found. Look where the "premium” is
stated (commonly found in the coverage section). If you cannot see where it has
been placed then seek the assistance of your car insurance agent because blank
spaces may mean NO COVERAGE for you. Better secure that this is not the case,
otherwise you will be wasting your time and money big time on this policy.