§ 622 Federal Agency Rights Determination

• •If the Federal Insurance Agency takes over, your rights as a customer are protected by state laws.
• •If you're owed money by the insured company, state laws decide how you get paid back.
• •This rule applies to everyone who has a claim against the company.

You have a car insurance policy with a company that goes out of business.

If the Federal Insurance Agency steps in, your state's laws will decide how you get your money back for any claims you made.