Right to be Informed

You can expect to access clear information about your policy, your coverage, and the claims settlement process. Up have the right to an easy-to-understand explanation of how insurance works and how it will meet your needs. You also have a right to know how insurers calculate price based on relevant facts. You have the right to ask who is providing compensation to your broker or agent for the sale of your insurance. Your broker or agent will provide information detailing for you how he or she is paid, by whom, and in whats ways. Insurance companies will disclose their compensation arrangements with their distributions networks. Brokers and agents are committed to providing information relating to ownership, financing, and other relevant facts.