re: Insurance agent cost me thousands

Do you have documents or insurance cards from the actual insurance company showing you had coverage? Not the agent...the actual company the policy was through. If you have documents showing coverage, call the insurance company directly and ask them to provide a letter stating the date coverage began, that the policy is still active, and hasn't had any lapse in coverage since inception. Then take that letter to the DMV to get the issue cleared up.


The other possibility is that if you were paying the agent directly for the policy (as opposed to paying the carrier directly), that maybe the agent was pocketing the premium and didn't remit the payment to the insurer. I remember reading about a case a few years back that an agent got busted for running a ponzi scheme where he'd collect premium from a client and keep it instead of remitting to the insurance company. Then he'd eventually pay that policy with the next client's money and so on. If I remember correctly, the agent got busted when one of the insureds tried to file a claim and the carrier denied it because they didn't have a policy for that client because the agent hadn't submitted the application or premium to the company. In which case, you need to contact the Department of Insurance to file a complaint for possible fraud.