If I request my Auto Insurance carrier to give factual proof for raising premiums is there a Federlaw that requires them to give me the information?

Is it a Federal Law and what is the USC name, code, section exactly?

Asked on May 21, 2009 under Insurance Law, Texas


J.M.A., Member in Good Standing of the Connecticut Bar / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

You auto carrier is not required to do that.  The have people called underwirters that review your motor vehicle history and assess your premium based on risk.  they look at driving history, accidents, tickets, the kind of car you are driving, age, etc.  There really is not a magic formula from what i am told by people in this industry.  if you to sue them for some kind of fraud, i would imagine that you could depose the insurance company and ask for this information.  The problem is that the insurance contract is year to year and you are not obligated to renew it.

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