Will a speeding ticket affect my husbands insurance if I am insured through a different company?
Yes, now that you're married your driving record (and credit history also) will affect his. Yes, it's entirely possible both companies could raise rates. Why not decide which company you like best, and put both cars on to get the multiple car discount?
Brother got speeding ticket in my car, does my insurance for my car go up?
so i let my brother drive my car, and he's a pretty safe driver, however he got caught doing 69 mph on a 55 mph in north carolina. i understand that he will have to pay a fine/get points on his license. will the insurance on my car be affected? my brother is actually not listed as one of the drivers in the insurance (my mom and i are listed as the main drivers- both of which have never gotten a ticket/motor offense).
Does having a motorcycle license effect your car insurance rates?
Hasn't affected our policy rates, my husband and I both got our motorcycle licenses 3 years ago. A bike is a lot different in the way it handles, and in the situations you can find yourself in with traffic. You can't relax your attention at all. Good luck, have fun, and be careful.
I just sold a car. When I go to remove it from our car insurance policy, our total rates will go up. Does anyone know why this might be?
I see this happen all the time (I’m not with Geico, but another large insurer). Here is what is happening:You have two cars on the policy, one newer, probably with Collision and Comprehensive coverage. You have an older vehicle on the policy, probably with minimal coverage, like just liability or liability and uninsured motorists coverage.You don’t say this, but I suspect you also have at least two drivers in the house. One, possibly you, that is “not risky” and another that is “riskier,” like a teenager, or somebody with a spotty driving record.When you had both vehicles on the policy, you (the least risky person) were being paired with the newer car, and the riskier driver was being paired with the older car. If that risky driver had an accident in the older car, then your liability coverage would pay for the other innocent person’s vehicle, but your policy would not have to pay for repairs on your car, since it doesn’t have “collision” coverage. So the “risk” of that riskier driver to the insurance company is paying for damages to one vehicle, not two.Now, when you remove that older vehicle, they now have to figure the risky guy is driving the newer vehicle… thus making it more likely they will have to fix the innocent person’s car, and your car when the risky person hits somebody.At my company, when there is one car and two drivers, the riskiest driver is automatically considered the person who drives the most. It also doesn’t really matter if the risky person “really” drove the old car or not.. when you bought the policy, that is how the sales person paired the vehicle and drivers so that you would get the best rate. Anybody can drive any vehicle on the policy, so us salespeople try to do the best combination of driver/car pairing in order to get the most favorable rate on the policy.It is also possible you lost a multi-car discount, but that is less likely.So to sum this up, you have a risky driver in your household, who is now driving a new car with more coverage than before, thus making the chances of large payouts higher than when they were driving the old car. Insurance companies charge more for that. Also keep in mind that it doesn’t matter what is actually happening in your individual household. Insurance carriers access risk in groups… so you might never let your teenage son drive your new car, but for every person following the rules there are 10 that don’t. Hope this helps.
Why are my car insurance rates so high?
To start, my girlfriend is insured completely separate from me and in no way affects my policy. My girlfriend was recently in a car accident. This is her second at-fault accident in a 2 year period. Her car was totaled in the accident and she was trying to get quotes for insurnace on a new vehicle she will be financing. She has been getting quotes around $270/mo and below with the history I stated above. She did have one company give her a quote of $170/mo, then State Farm said they could forgive her first accident and she would have to pay around $136/mo I have never been in an accident, I have never received any type of ticket, I have nothing on my record. Getting a quote on the exact same car (2004 Toyota Rav4), just in my name and with the financing in my name, my quotes average $300. This is insane. My car is currently going through my parents insurance so I only pay $40.00/mo to them and it's all good, but I decided to get some quotes on my car just to see how much it would be... The car is a 1994 Toyota Corolla, 4DR sedan. I am 19 years old, will be 20 very soon. Like I said, I have a CLEAN driving history. My quotes on this car are as follows for liability coverage: Allstate: $113/mo Progressive: $162/mo State Farm: $262/mo Now, to me, this is insane. My girlfriend's insurance was about $50.00/mo on her Dodge Stratus. She wrecked it. The insurance on her new car, which was only liability again, was just $60.00/mo. Now she is getting the $135 to $170/mo quote for full coverage on this Toyota Rav4. If anyone can help me understand how she can get cheaper FULL COVERAGE insurance with her driving history than I can get of LIABILITY insurance with my history, please do. This makes no sense to me at all.
Does your car insurance go up if you have a toll violation?
No. It’s not part of the Merit Rating Plan. Most states consider a violation where your rates can increase are moving violations and accidents. But some states will include a type of violation that will increase rates for seat belt violations and/or cell phone violations. But a toll? Never heard of that being part of the Merit Rating Plan.
Can I claim car insurance twice or more times in a year? What happens to the IDV value? Is there any effect on it, from my claiming multiple times in a year?
Car insurance can be claimed n number of times in a year. There is no restriction for claiming car insurance. Having said that policy holder restrict himself for taking benefits or claims for small issues, the reason is simple. By taking insurance multiple times you can get noticed by insurer and as a result you can get into his bad books. At the time of renewal they can refuse to give you comprehensive policy and offer you only third party liability insurance, which is mandatory to give.So yes you can claim car insurance multiple times in a year but you should only claim for it when the damage is big and somewhat costly, or else no need to claim for multiple partial losses.Effect on IDV on vehicle/motor insuranceIDV is the current market value of your Car. It refers to highest amount paid by the insurer for the Car. That means it is the maximum amount a insurer can claim at the time of accident and all.Only a total loss claim can wiped IDV, or else it will be renewed to its original value. Every time you made claim IDV will get exhausted by the value of the claim.
Can I add my grandmother to my car insurance?
We live in different cities. Same state. I just live 2 hours away. I am a 20 year old college student. Female. Single. I just bought a newer car. Financed. BEFORE I bought the car I did a estimate on it with my car insurance to see how it would be affected. I can afford the payments but my main concern was my insurance going way up. And of course after buying the car the quoted price online is nothing near what I am being required to pay. So far I have been living on my own for a year. And I have been paying my current policy in my own name out of my own pocket. The car I have now is paid for. I CAN afford the increase in the insurance (its $90 increase) and I do have the option of switching to a different company at the end of my policy in 2 months for one that is only 1/2 the price but of significantly lesser quality. BUT I would rather save the money and use it to get this new car paid off in 6 months rather than the 48 month lease contract. My grandma already has insurance (with a different company). We do not live together but we live in the same state. I am willing to pay for both policies. mine and hers. My question is------>>>> Is there any way I can add her to my policy or jump on her policy to lower my insurance? Just for the 6 month premium so I can get get this car paid off? If so, how? Please no lectures. I work and go to school. I can afford the increase or switch to a different company but I want to avoid all that. I'm Just curious thats all.