Please be aware of a phone scam taking place where the caller is pretending to be from Preferred Mutual and asks for payment to reinstate a cancelled policy. DO NOT give out payment information over the phone. Scammers can be convincing, but know that Preferred Mutual DOES NOT call you and ask for payment over the phone. If in doubt, hang up and call your agent or Preferred Mutual at 1-800-333-7642 for verification.
As always, it is good to be guarded with your personal and financial information, and don’t believe your caller ID. Visit https://www.consumer.ftc.gov/articles/0076-phone-scams for more consumer safety tips on phone scams.