Can an insurance draft more money from your checking account than what you authorize without a written authorization to do so, just because the premium increased?
Untitled
That will depend on the documents you signed. If the policy provided for increased rates, it's likely that the accountwithdrawal authorization included language allowing for a change to the monthly draft amount. Contact your insurance agent for a more detailed answer.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
That will depend on the documents you signed. If the policy provided for increased rates, it's likely that the 