What Exactly Is an Auto Insurance Agency Disclaimer?
An insurance disclaimer is a legal document which outlines the responsibilities of an individual or auto insurance agency that provides information on insurance, with the aim of decreasing legal liability. Insurance disclaimers are generally used by government agencies who are concerned with insurance and consumer protection so people are made aware of any limitations on services provided and are included in communications with insurance firms or agents and their clients. These must be carefully read as they could have details on the rights and duties of the consumer.
For instance, if an agent provides a quote for a potential client, the quote should show a statement saying it is only a quote, not coverage, and no coverage is given until the client agrees to a contract with the insurance company. The disclaimer should note too that the price could alter if any extra information regarding the client or their car is brought to light. This statement is normally provided automatically when a quote is printed out, and the agents will choose from numerous templates for different policies.
The disclaimer will limit liability by stating the responsibilities of the issuer very clearly. For example, if someone applies for car insurance and obtains a quote without admitting to an accident, then that individual will not be able to sue when the price of their policy is raised once the agency finds out, because the disclaimer will specifically cover such given situations.
The disclaimer should also offer information regarding responsibilities a client will have, like obligations to act upon their insurance quote within a certain length of time, to completely disclose any and all relevant information and to respond to any communications from their insurer in a timely manner. If people do not adhere to these responsibilities, the insurer does not have to accept liability for the outcome.
Call Bates Insurance Agency at (916) 251-3548; we are an auto insurance agency that is based in the Sacramento, CA area.