Overcharged on autoinsurance payment i made online, bank and insurance co are closed, what can i do?


Question:
I made a payment to my auto insurance company online on there website.. it was for 247 but today I went to the atm and realized they took 547... now I am over drafted and cant pay my other bills. What can be done, will I be able to do a stop payment on Monday or will it be too late?

Answer:
Well, you can't put a stop payment on something that has already been paid. Once they have taken it from the account there is nothing to stop.

You can wait until they are open and contact the insurance company to tell them the problem. Ask them to pay for the overdraft fees that they caused.

If they wont return the extra money charged, you would have to talk to the bank and tell them you didn't authorize that amount to be paid and the bank will get it back.

Hopefully you have your reciept to show the bank or insurance company how much you were paying, that will make it easier. It wont be too late, you have plenty of time if you deal with it Monday.

If the insurance company wont pay for the overdraft fees, then you can ask the bank to waive them, which they might do if you are in good standing.

I'm not sure which you did, but if you made the payment on the insurances website, contact them first. If you did a bill pay from your checking account online, contact them first.
you can get it straitened out on Monday, I'm sure they will realize and see the mistake they made on it,and you can also cancel it, to stop payment to get it straitened out also,but come Monday morning id call them first thing,and let them know whats going on ,until then i wouldn't worry about it,its just an error on their part,and they will fix it,good luck hope this helps.
Best you can do - is call the insurance company and explain the situation - they should be able to issue you a refund check. If they already took the money via EFT, you most likely will be unable to do a stop payment.
I think so..but if it cant then the company is no good you have to change company now.

Look for more resources and see more car insurance companies and compare quotes maybe youll find a better car insurance company that can offer you a cheaper car insurance...

try sites like this on the net http://www.nightbirdssolutions.com... hope it will help you.
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