2 Steps for handling homeowners insurance premium diversion

Augusta

VIP Contributor
It does happen that people fall into the unsuspecting hands of fraudsters in the insurance industry.

But when one come to realise that a homeowner Agent is Stealing the Insurance Premium or causing premium diversion the best bet is to make those in the place of authority be aware of it.

So how do you handle this.

Contact the insurance company

insurance professionals recommends that suspects or victims that knows that their agent is stealing their insurance premiums should contact their insurance company directly.

The fact is that If the discovery is made as one is trying to file a claim, the insurance company will work with the victim to cover the claim even when a policy was not put in place.

You might not really have a guarantee but the truth is that insurance companies can be very understanding when this kind of crime is being committed

Contact insurance regulators

You can also get in touch with insurance regulators since they are always sensitive to agent scams especially one that has take place under their Watch.

The regulators will be very helpful here. They try by all means to stop any agent that’s defrauding residents of the state. So they will go after the fraudsters on the victim behalf.
 
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