My agent gave me a quote but the insurance company is charging me a higher premium than we originally discussed. Must the company honor the agentsquote?
No. A quote in the insurance market represents an offer to sell an insurance contract subject to compatibility of that offer with the carriers filings with this department. An Insurance Company may not collect a premium for less than or more than this amount. A carrier may also find other information, such as information from a motor vehicle report, which would revise the premium from the original quote.
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