Monday, December 12, 2005

I can't decide whether to be happy or sad by this news story. A West Virginia woman wrote a hot check to open a car insurance policy. The insurance company cancelled her policy. When she had an accident, she discovered the policy had been cancelled, and sued the company to make them honor the policy.

Part of me is thinking, "Wow! Look how much I can save on auto insurance!" Another part of me is thinking, "My insurance rates are about to go way up!

1 Comments:

Blogger volterwd said...

Of course she should get it unless she wrote the check with fully knowing it would bounce.

I suggest they no longer accept checks or wait for coverage until it clears... really whose fault is that?

11:40 AM  

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