It is a sad fact of life in the 21st century that scammers abound everywhere and they have now turned their attention to auto insurance. If you are looking for auto insurance quotes you may come across offers which look as if they are too good to be true.
If this is the case, they most likely are. Tempting advertisements will offer rates that appear to be so low that you would be crazy not to grab them. However, in most cases the opposite is true.
One of the ploys they use is to ask for a referral fee. However, you should under no circumstances pay such a fee; licensed agents and insurance brokers charge no fees to you – the consumer – whatsoever. They get their commission from the insurance company with whom they place your business.
Never make any sort of premium payment by transfer or money wiring service. Insurance companies and brokers do not operate in ths way. Make sure to check that you are dealing with a licensed agent or broker. Depending on your province you should find that your government website can provide a list of licensed businesses.
In many instances, people who have been caught in this way do not find out about it until they are involved in an accident or pulled over by the police for a traffic violation.
The dangers of driving without appropriate insurance cannot be stressed enough. If you are involved in an accident there may be certain benefits which you are unable to claim. If the accident was your fault you can be held personally liable for any medical expenses and other costs of people who were injured. This could include friends or relatives traveling in your own vehicle.
Ultimately the law says that you are responsible for seeing to it that you are covered by the appropriate insurance. If you suspect that the auto insurance quotes you have been given may be fraudulent, contact the police.
At Sharp Insurance we are only too happy to show you our license so that you can be 100% sure that you are dealing with a reputable, well-established company.