insurance issue?

Question

my insurance company is directly connected to my check routing number and decided to bill me 3 days prior to a due date.. should they be responsible for any overdraft charges that have resulting in the early release of my money.. when the contract says on or after the date of the due date will be acceptible for payment

Answer 1

I would insist they pay for the overdraft. You situation is exactly why I won't use auto deduct from checking for anything.

Answer 2

Did the due date fall on a week end or holiday? I would most definitely call them and find out the reasons for this. Let them know the reason you did a direct pay is that you knew when the date the money would be taken out and could plan accordingly. Since they took the money out before the contractual agreed date would they be willing to pay for the over draft fee's and if not, why not? You could also let them know you will turn this over to the state banking commission, the state insurance commissioner and your state attorney generals office for further investigation if they do not want to work with you on this issue. As your contract states it will be "on or after" the payment date, there is no good reason why they should have taken it out early. Get comfortable and get on the phone! Please know your State Attorney Generals office has an advocate that deals directly with this type of thing only and needs to be made aware of these companies so they can monitor them and they do not rip off the public with other shady practices!
Good luck!

Answer 3

not really, when you signed onto this pay bill plan there must have been some agreement read it carefully and then decide, I know of alot of companies that take the money a few days in advance, there are just making sure the money is in the bank. but call them

Answer 4

If it was because it was a bank or insurance agency holiday or a weekend or just not a business day it is policy to draft it on the closest previous business day. Otherwise, contact the billing department of your insurance agency to find out the cause of this.

Answer 5

i'm afraid you have a topic here. shifting into fake information on an coverage application is properly particularly extreme. those questions are actually not in basic terms formalities. they're used to evaluate how a great number of a threat you're, what kind of coverage you prefer, and how plenty you may desire to pay. To the coverage enterprise, it appears that evidently which you spoke back all of those question the way which you probably did with a view to produce decrease expenses. So in essence, you made the coverage enterprise think of which you have been much less of a threat than you easily have been. they could deny your declare because of the fact you entered fraudulent information on your application. think of approximately this way. your friends has a pair of cube. He tells you that they are known cube and that if he rolls a pair of threes, you owe him $10. He rolls a pair of threes and needs you to pay him. properly upon finding on the cube, you notice that the two sides is a three. he lied to you with regard to the possibility of a pair of threes coming up. could you pay him? it is the comparable element extremely. You advised them one element approximately your using profile and that they greater a coverage around that threat profile. incredibly, it replaced into very distinctive. Sorry the information isn't extra desirable.

Answer 6

I would contact them. They may pay for the overdraft fees, or you can tell your bank that you refuse to pay the overdraft fee that way it goes directly back to the company that charged it.

Answer 7

Yes, you should be able to argue this and get any fees which resulted from them debiting it out of your account early paid by your insurance company.

Answer 8

You are responsible. Have the insurance co. debit your account at a different time. Tell them this, or tell them you will cancel the auto pay.

Answer 9

yes they should be responsible they have no right taking money earlier then what they was orderes to do

Answer 10

Yes they should be responsible, but it will probably be hard to collect. Good luck.