What is United FIN CAS INS Prem on bank statement ?

You may have recently noticed an unfamiliar charge on your credit card statement from “United Fin Cas Ins Prem.” This charge comes from United Financial Casualty Company, a commercial insurance provider and subsidiary of Progressive.

United Financial Casualty Company specializes in business and commercial auto insurance products. They are headquartered in Cleveland, Ohio and underwrite policies like business auto, tow trucks, trucks, vans, dump trucks, and food trucks across the United States.

If you did recently purchase a business or commercial auto insurance policy from Progressive or one of its subsidiaries like United Financial, then this charge on your statement is legitimate. However, if you did not intentionally purchase insurance from United Financial Casualty Company, then the charge could indicate fraud or identity theft.

What to Do if the Charge is Fraudulent

If you confirmed that you did not purchase insurance from United Financial and this charge on your statement is fraudulent, you should take action to dispute the charge and protect yourself from further fraud. Here are the recommended steps:

1. Contact United Financial Casualty Company at 1-800-444-4487 to notify them that the policy and charges are fraudulent. Request that they cancel the policy immediately and stop any additional charges.
2. Call the customer service number on the back of your credit card and dispute this fraudulent charge. The credit card company will likely cancel your current card and issue you a new one to prevent additional fraudulent charges.
3. Carefully review the rest of your credit card statement and bank account statements to check for any other unusual, invalid charges indicating wider fraud or identity theft. Dispute any other fraudulent transactions you find.
4. Consider signing up for credit monitoring to regularly check your credit report and catch any new suspicious activity quickly. This can help prevent major identity theft issues down the road.
5. File reports with your local law enforcement and the Federal Trade Commission if this seems to be a clear case of fraud and identity theft. Having a record of the incident can help during the disputes process for recovering lost funds.

By quickly contacting United Financial Casualty Company and your credit card provider to report and dispute this invalid charge, you can get the fraudulent insurance policy canceled, prevent future bogus charges, recover your lost funds through the dispute process, and take the necessary steps to protect yourself from further fraud or identity theft fallout.

It may also appear as one of the following in your bank statement