FAQs – My Coverage Info

MyCoverageInfo assists you in finding the right transportation insurance. With MyCoverageInfo, you can compare all available insurance policies to find the one that suits you best. There is always a need for good insurance.

As your one stop solution for insurance policies, we are committed to providing you with the most reliable insurance solutions that can assist you in securing your future.

mycoverageinfo faqs

The Internet is not only the safest method for viewing, modifying, and purchasing a new insurance policy, but it is also the quickest method. With MyCoverageInfo, there are no fees or registration requirements.

Here we cover the common Frequently Asked Questions (FAQs)to help address all the insurance related concerns.

Frequently Asked Questions

How does Lender Insurance work?

To obtain a mortgage, you are required to carry property insurance. To protect your property, your lender will buy Lender Placed Insurance (LPI) if you need proof of adequate insurance. 

Content and liability insurance are not generally included in LPI policies, which are more expensive. You will see a difference in your monthly payment whenever your mortgage premium increases. 

You should contact your insurance provider if you do not have property insurance.

Can you tell me why I wasn’t notified of an insurance payment?

We are responsible for providing your preferred insurance provider with security deposit payments. We pay your supplier promptly when we receive the invoices so that coverage is clear for you. 

Sometimes, an agent will send you an invoice before approval. 

To cancel a policy your carrier or agent sent to us in error, please contact them.

What is the process for cancelling my insurance policy and receiving a refund?

To cancel your current policy, contact your insurer. A refund will be issued for any unused insurance premiums.