1. 1615 POINTS
    Ryan Andrew
    President, The Andrew Agency, Richmond, VA
    No. A valid payment along with a complete and truthful application constitutes the contract. If your deposit is returned or there is information on your application that is not correct then the insurance company may void your policy. Several insurance companies allow you to pay monthly but a valid payment is required before coverage is in force.
    Answered on June 24, 2013
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