Nov 14, 2018
NHID issues bulletin reminder regarding solicitation, negotiation and sale of motor vehicle insurance
PIANH has increasingly heard from members about the troubling practice of automobile dealers assisting customers with the purchase of motor vehicle insurance. In order to help alleviate this problem your association asked the New Hampshire Insurance Department to issue guidance on what exactly automobile dealers are and are not permitted to do. The NHID issued a bulletin to remind all parties involved in the sale of a motor vehicle that in order to negotiate, solicit or sell insurance in New Hampshire, you must be licensed to do so. For more information, including example scenarios and the insurance department’s definitions for “negotiate,” “sell” and “solicit,” click here.