[ZTWsquared]

(07-19-2010, 05:28 AM)OAC_Sparky Wrote: Will it affect you? Maybe, depends on how strict the company is.

The problem with having a cancellation against your name is that every insurance application asks that question, if anyone has ever cancelled you. When you answer "yes" either they'll ask for you to explain to which either "A" they can insure you at a normal rate, or "B" insure you at a higher rate or "C" not insure you at all. So that's a 1/3 chance of getting a favorable outcome.

The more trouble you cause for yourself in the onset limits to who will insure you and for what rate. While you might get in this year at a new insurance company, now you are a "NEW" customer so now you may have to wait a few more years before you get a "long time customer" discount or other perks.

That's why Ken and I are trying to convince you to try to patch it up with RBC. You always want to leave an insurance company by your own choice. In the long run it's less hassle and less money.

Fixed it for ya Sparky ... and yes Leo ... the cancellation stays with your policy - which as you probably know includes info such as your name and date of birth, your driver's license number and the VIN.

So even if you change cars your name and DL will probably turn up the info and as Matt said, if you fill out the info truthfully for any future policy application, you will have to tell them about it; and if you lie and get caught, that's cause to get dumped again.

And to Sparky's point about the odds - they aren't nearly that good with the companies that give the best rates ... they always look for the best risks and being dumped by another company is considered a significant liability.