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Bankruptcy, and it's affect on the cost of Car Insurance.



Daniel J. Chambers- Full Service Insurance Agent- located at-263 N. Convent St. Bourbonnais, Illinois 60914.

815.932.7602

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Q. "Do you really need to know about a bankruptcy I had 15 years ago?"

Q. Will bankruptcy hurt my chances of getting car insurance?

Q. Will a Bankruptcy affect the cost of my Car Insurance?

Q. Why would a bankruptcy affect my car Insurance cost?

A. If your agent asks you a question for underwriting such as "Have you ever filed for bankruptcy?", answer truthfully.

(A 15-year-old bankruptcy won't affect the cost of your Insurance, but failure to disclose it may result in the underwriter denying your application on the grounds of misrepresentation if she finds out about it and he or she probably will).

 

 

 
 
 
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Here is a reason to call us first for a free Car Insurance quote.

Daniel J. Chambers- Full Service Insurance Agent- located at-263 N. Convent St. Bourbonnais, Illinois 60914.

815.932.7602

 

02/04/10 - George R., of Kankakee, called and asked "Will having a bankruptcy hurt my chances of getting car insurance" With us, he got better Car Insurance Coverage at the same cost. And he had a Bankruptcy about 6 years ago!

He now has twice the Insurance for the exact same cost that he paid with the company he switched from.

 

 

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