Why do we NEED car insurance?!?
Why is it the LAW that we have car insurance?? I honestly think it's stupid. Shouldn't we, as "free" Americans, be able to make the choice of whether or not we want insurance, and still legally drive a vehicle, as long as we have a license, at our own risk? Kind of like if you go skiing or snowboarding, you go at your own risk, you're not forced to get "skiing insurance", or "boarding insurance", or anything like that. I mean, think of this situation: I have no insurance, and I wreck into somebody. They have insurance, so they are covered. I don't, so I will either have to get rid of my car, or pay for repairs myself; that's the risk I took and this is how I'm paying for it, by being car less or spending tons of money on repairs. But why must we be forced by law to have it, or NO DRIVING FOR YOU says big ole' government?? This is angering me because I'm currently in college, without a car, and while I can walk to my work and school, it's still about 30-45 minutes each way to walk, and if I could get an old car for cheap, it would make my life MUCH easier and less of a hassle.
How much do you pay for car insurance?
nothing
How much do you pay for car insurance?
I am with Farmers Insurace. I am 32 years old and drive a 2005 Mazda MPV. I pay $57 a month for that car. My husband drives a 1998 Honda Accord. We pay $85 for that a month. He has an accident on his record. Both cars are full coverage.
Do I need to buy car insurance before I buy the car?!?
Depending on the state, you may be required to have insurance before you can legally drive the car. If you are financing the vehicle, you will have to have insurance before you drive the car off the lot. The way to handle this is simple. Once you have decided on the car that you want, you call your insurance agent and arrange for coverage. You either leave them a deposit, or a credit card number. Once you have picked out the exact car, and have made the deal, you call the agent, give them the VIN and they will issue you an insurance binder that covers you. They can also fax proof of insurance coverage to the dealer. You do not want to take possession of the vehicle prior to getting it covered. If you drive off the lot and are in a collision, you will have no coverage at all.
Do police cars need auto insurance?
Police cars or Squad cars need auto insurance just like anyone else driving on the roads.Auto insurance is mandatory by law in most places in the U.S and Canada (probably in other places around the world too). Police are not exempt from the law and they too need to prove financial responsibility when driving their police or squad cars.Government agencies are usually self-insured for their own property damages, but will buy excess liability policies with huge deductibles from reinsurance companies.Police are fulfilling a legal requirement when purchasing auto insurance, but at the same time, assuming exposure up to the high deductibles they normally choose. I’ve seen deductibles of $500,000, so really they are self-insuring. If they cause catastrophic damages and/or injuries that exceed their deductible amount, they may choose to claim from their liability carriers.Nevertheless, when an accident occurs the details are always sent to the their insurance company to properly assess exposure (usually when there are injuries).p.s they are also subject to the same fault determination rules that civilian drivers are in Ontario, Canada for car accidents.Hope that helps
What kind of car insurance payout should I expect?
You may be entitled to some pain and suffering compensation. How much can you expect? We would have no way to determine that without knowing more about the extent of your injuries and treatment. Regarding your medical bills, we do not know how much was for diagnostic verses treatment, etc. It sounds like you may have had a sprain/strain type injury. This is the kind of thing that typically heals up without any medical treatment at all. And it usually heals on its own in about 3 to 6 weeks. If you treated from July to December, then it appears you may have over-treated. This is a common error. Chiropractors try to get you to keep coming back because they want to make some money off you. But this does not mean you really NEEDED this treatment. Some people think if they get a bunch of unnecessary treatment that it will result in a bigger bodily injury settlement. But most claims adjusters see right through that scheme. Let them make the first offer. ================== (added) Whatever they offer you, just double that, and say you had figured your claim was worth this much. So if they offer, for example, $2,500, you thank them for the offer, and counter at $5,000. But in a subtle way you convey that you have some room to move. Wait for them to increase their offer a little. And then you probably settle for somewhere in between, like maybe $3,500. Or if they offer $5,000, you counter at $10,000, but probably settle between $6,500 to $7,500. (I am not suggesting your claim is worth that much, I am just using these numbers to show the dynamics of negotiating.)