Car Insurance

Question by emmaolivia: what would happen if i leave my car insurance details in my car and it gets stolen?
just wondering what would happen if i leave my car insurance documents in the car and it gets stolen? would they be able to do anything with my insurance details?

Best answer:

Answer by Howard L
You insurance card is supposed to be left in the car. It doesn’t have any of your personal information so it’s of no use to a thief. All it has is the insurance company name, your policy number, and a description of the car. If you have anything more than the insurance card in the car, like your policy, remove it. It doesn’t need to be there.

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Question by Max: What will happen if i dont pay my car insurance this month?
I am a student and find it financially. I recently had to get my car repaired so I now do not have enough money to pay my insurance this month (£192.10) I was thinking of asking if I can skip this month and request double payment this month?
What are the consquences of not paying the insurance for a month. My friend believes it can damage the policy and they may ask for the full ammount?
Im with quinn direct

Best answer:

Answer by nUts
What car do you drive? For a student having to pay 192 euro’s a month is rediculous…I hope your driving a 2008+ BMW or related brand. I have a 2010 audi r8 and my insurance rate a month is about 180 american.

Also if you call in and explain your situation they will permit you to pay double the next month no problems. You just need to call your insurance provider.

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Question by Dom: When AIG goes under, what will happen to my car insurance that I paid ahead of time?
I wasn’t too into the monthly $ 5 installment fee so I paid the whole thing up front 3 months ago not knowing AIG’s financial troubles. WHEN AIG goes under, what will happen. Will I be out of car insurance or will whoever that buys the assets honor the rest of my car insurance term?

Can I request money I paid ahead of time back to me from AIG?

Best answer:

Answer by Sharon T
I don’t believe AIG is going to go under. Your policy should be secure. You just wouldn’t want to be a stockholder, which you are not.

If you prefer to find another policy, you can cancel the AIG policy and ask for a refund.

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Question by marlene c: What ramifications will happen if my child buys a car and purchases insurance while still on my auto policy ?
My 20 year old daughter decided to buy a car for her boy friend. The car and insurance is in her name with my address. She is still listed on my car insurance policy. What should I do ? She has made a big mistake. Can I just have her cancell her policy and transfer the car to him and keep her on my policy. We do not want to be responsible for her boy friend in any way. I feel she has put me a risk using our address.

Best answer:

Answer by James F
Does she live with you? Than she has to use the address. The problem at hand is that if something does happen than he does not have to worry about a penny of it. If it is insured in you and your daughters name than u 2 are the ones taking the fall. Another thing, depending on policies, he is not covered driving the car. SO accident, insurance will not pay. Call your insurance agent ASAP and get the details and you may have to drop the car.

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by sidehike

Affordable Car Insurance Can Happen: Things to Consider in Purchasing Car      Insurance

 

Affordable car insurance may be something of a rarity today. The law requires that every car owner purchases car insurance. Failure to do so will result to the revocation of your driver’s license. It’s no wonder that a lot of insurance companies take advantage of this.

Car insurance companies actually determine insurance premiums depending on several factors. An affordable car insurance premium may be possible if you fall in any of the exceptions in determining insurance premium affordable. Here are a few things to consider before you go and purchase your first car insurance policy and tips on hopefully getting a more affordable car insurance policy.

 

Car model

You have to understand there are some cars that are more expensive to insure than other cars. Generally, the more expensive the car, the higher the premium imposed on the car insurance and the smaller and the less expensive the car, the lower the premium. For example, the Subaru Impreza, a four wheel drive is a higher risk for expensive repairs due to collision as compared to the Ford Excursion, a two wheel drive which can get you affordable car insurance without a hitch.

There are also cars which are charged higher premiums in terms of safety features. The Suzuki Esteem, a four door drive is ranked one of the highest when it comes to injuries sustain during collision. The GMC Sierra, a two wheel drive, on the contrary is a safety-feature car so a more affordable car insurance premium is expected on this model.

 

Age of insured

People below 21 and senior citizens are charged more for higher car insurance premiums. This presupposes the fact that younger people are less likely to be responsible drivers supported by the growing statistics on deaths caused by automobile accidents with drivers in this age group. Senior citizens are also more likely to be in an accident due to slower reflexes.

However, there are state that offer discounts for full time students and those under the age of 25. There are requirements to be fulfilled and if you qualify, you can get affordable car insurance. Senior citizen discounts are also available on a state-to-state basis or depending on the company policy.

 

Age of the car

You have to consider as well the age of your car. If it is an older model, you can get affordable car insurance depending on your policy. Older cars are liable to spare parts cannibalizing. Instead of being stolen and dumped, older cars are easy target for hard to get parts. At best, you can consider a basic and affordable car insurance policy without other theft, natural events and other coverage.

 

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