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What if a commercial vehicle is added to a personal policy that would make it a CAIP assignment?

April 26, 2017added assignment caip Commercial policy vehicle

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What if a commercial vehicle is added to a personal policy that would make it a CAIP assignment?

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The assigned company must initially accept the vehicle addition. The company then has the option of giving 45 days notice of cancellation or just non-renewing the policy. The producer would then complete and submit a new application which would be assigned to a commercial carrier.