When somebody's prior BI limits are 15/30...they get a much worse rate compared to when they have 100/300 or 250/500 coming in the door.
The carrier systems ask (if you over declare..)
1.) Who's the prior carrier
2.) How long have they been insured
3.) What's their BI limit
Would it be misrepresentation to have the insured quick call their carrier & raise their BI limits prior to switching? For example if their new policy begins 09/01/2015 and you have them raise their current BI limits effective 08/25/2015...then how could that be misrepresentation? This means at the time the
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The carrier systems ask (if you over declare..)
1.) Who's the prior carrier
2.) How long have they been insured
3.) What's their BI limit
Would it be misrepresentation to have the insured quick call their carrier & raise their BI limits prior to switching? For example if their new policy begins 09/01/2015 and you have them raise their current BI limits effective 08/25/2015...then how could that be misrepresentation? This means at the time the
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