What is an Auto Insurance Protest?
Reader’s Question:
I heard from a friend that she is going to file for a protest regarding her auto insurance. If I am not mistaken it’s about her auto insurance premium. I am curious, can anyone just file for a protest? Or there are reasons that are needed to be justified first? What is auto insurance protest by the way? I am from Southwest Colorado if that would help in any way.
Carrie
Southwest Arapahoe, CO
Let me first define what a car insurance protest is. According to the Colorado Department of Regulatory Agencies (DORA), if there is a modification made on a person’s auto insurance policy, that person or policyholder could make a formal objection and that is known as protest.
However, such protest is only applicable to personal automobile policies only. So that answers your first question. In addition, there are certain reasons why policyholders usually make a protest. And these are the following reasons:
- Change on the auto insurance premium, usually an increase;
- Auto insurance company’s decision not to renew a policyholder’s coverage;
- Policy’s cancellation; and
- Reduction on the auto insurance coverage.
For more information about auto insurance protest, you can contact the Colorado Department of Regulatory Agencies (DORA).
What is an Auto Insurance Protest?
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