Post dating insurance

post dating insurance

If you cannot afford the gas and the insurance, you should not be driving and putting the rest of us who do at risk. The first and most important thing to note about the consequences of backdating a document is that it is potentially a criminal offence. MaxHerr Forum Expert Joined: If you could do this, nobody would ever buy car insurance until after an accident happened. The premium charged by the insurer, coupled with its investment value, is calculated to be sufficient to cover all the claims from the incident.

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Backdating contracts and other documents and instruments

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Insurance companies are organizations built for the sole purpose of making profits.

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Backdating

In the United Statesnational banks are permitted to pay checks even though payment occurs prior to the date of the check. The day you buy the policy is the date in which your coverage starts. Accident or ticket without insurance.

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