Recent Florida investigations exhibit consumers should be really clever about that companies they purchase go insurance from, as state law requires such companies to be purebred and protected with the state.
Florida Chief Financial Officer Jeff Atwater?s office not long ago voiced that the Department of Financial Services has reached an consent with at least a statewide go group to repay scarcely $90,000 to victims. A subdepartment scrutiny found that the firm sole without official authorization go insurance offering by a third-party firm to consumers from 2006 to 2008. Nearly two dozen of the victims were from Broward and Palm Beach counties, mentioned Alexis Lambert, a orator for Atwater?s office.
Twenty agencies sole polices on interest of Colorado-based Prime Travel Protection Services, Inc. that was never protected in Florida to sell insurance, authorities say.
What is go insurance? Travel agencies frequently offer insurance products to safeguard consumers from losing deposits or go package payments due to variable circumstances, such as a forced outing termination due to sickness or a outing stop due to illness.
How to safeguard yourself:
Before purchasing go insurance, authorize that the firm is protected in Florida. Visit www.MyFloridaCFO.com or call the Consumer Helpline at 877-693-5236.
Read the excellent print before creation a purchase, as the policies frequently enclose exclusions for coverage. If the insurer providing go insurance coverage is not authorized, claims might not be honored.
What do you say ? Have you been the plant of travel-related scams or problems? Send an email to dvasquez@sunsentinel.com.
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