I didn’t have this, but I heard from acquaintances cases when young people were refused insurance because they had no experience driving a car and the company understood that such people have a much higher risk of getting into a transport accident. In my opinion, this is not fair, but such cases were not frequent and only little-known companies did this, which were not ready to pay out funds and only wanted to make money, and I think they have ceased to exist by this time.
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To be perfectly honest, the lack experience in the insurance domain can indeed be a factor that could contribute to being denied of the auto insurance. It's worth mentioning that the insurance companies would always want to assess the risk on the insurance policies based on certain factors. As someRead more
To be perfectly honest, the lack experience in the insurance domain can indeed be a factor that could contribute to being denied of the auto insurance. It’s worth mentioning that the insurance companies would always want to assess the risk on the insurance policies based on certain factors. As someone who has been there, I can say all the frustration that this can cause because experience is highly needed for insurance policies.
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