What time is a Jevco policy effective?



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Thread: What time is a Jevco policy effective?

  1. #1
    FiReSTaRT's Avatar
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    What time is a Jevco policy effective?

    I am switching over from SF to Jevco this season ($550 as opposed to $1100 and dealing with Avi's a bonus).. Long story short, SF didn't cancel my policy as of my expiration date so I have to send them another form to do it and they're asking me for a date and time of cancellation. My Jevco policy is effective the last day of my SF policy. Does that mean it's effective at midnight of that day and I can cancel the SF policy effective 00:01?
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  2. #2

    Re: What time is a Jevco policy effective?

    Quote Originally Posted by FiReSTaRT View Post
    I am switching over from SF to Jevco this season ($550 as opposed to $1100 and dealing with Avi's a bonus).. Long story short, SF didn't cancel my policy as of my expiration date so I have to send them another form to do it and they're asking me for a date and time of cancellation. My Jevco policy is effective the last day of my SF policy. Does that mean it's effective at midnight of that day and I can cancel the SF policy effective 00:01?
    I think you should clarify with Avi or your SF agent, but I believe that if your new policy is effective (for example) 23 Mar. 2010 that means from the first split-second of the 23rd, 12:00:00.000001 am
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  3. #3
    FiReSTaRT's Avatar
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    Re: What time is a Jevco policy effective?

    I'll give Avi a buzz tomorrow but I figured if he's bored, he'd be checking over the forum and post it up here or if someone knew how this works, I'd have my answer sooner
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    Re: What time is a Jevco policy effective?

    Quote Originally Posted by FiReSTaRT View Post
    I am switching over from SF to Jevco this season ($550 as opposed to $1100 and dealing with Avi's a bonus).. Long story short, SF didn't cancel my policy as of my expiration date so I have to send them another form to do it and they're asking me for a date and time of cancellation. My Jevco policy is effective the last day of my SF policy. Does that mean it's effective at midnight of that day and I can cancel the SF policy effective 00:01?

    Your policy is effective at 12:01am! from lets say (example)March 29th 2010, and your statefarm expires at 12:01am, if its the same day on (example)March 29th 2010. This would ensure that there is no gaps in coverages, and a seemless transition over to Jevco.

    Hope this helps.
    Hytham Bayoumi
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    Cornerstone Insurance Brokers Ltd.

    Direct: 416-908-1865
    hbayoumi@pottruffsmith.com

  5. #5
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    Re: What time is a Jevco policy effective?

    Just make sure they don't cancel your policy effective immediately. That would be a piss off.
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  6. #6
    FiReSTaRT's Avatar
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    Re: What time is a Jevco policy effective?

    The date I put is the date my Jevco policy kicks in. Only the time was left blank until I got my answer from Hytham (thanks buddy)
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  7. #7

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    Re: What time is a Jevco policy effective?

    Glad to help
    Hytham Bayoumi
    Client Executive
    Cornerstone Insurance Brokers Ltd.

    Direct: 416-908-1865
    hbayoumi@pottruffsmith.com

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