Good Driver Auto Insurance
Reader’s Question:
I recently moved to Edison, New Jersey from a foreign country, and I had a good driving record in that country. I am just wondering why are my car insurance rates so high?
George
Edison, NJ
One of the biggest rating factors car insurance providers use to determine your car insurance rate premium is your driving record.
Other factors that are being considered might include where you live, your age and how many miles you drive every year.
Since you do not have a verifiable driving history in the U.S your car insurance premiums in Edison, New Jersey will be higher until you establish a verifiable driving history. Once you operate in the U.S. for a couple of years and establish a safe and good driving record, your car insurance rates should be lowered.
How Much Does Auto Insurance Really Cost ?
Reader’s Question:
I am shopping for a used car in Tulsa Oklahoma, and have learned from a co-worker that it is more costly to insure a red car than other colors, is this correct?
Melanie
Tulsa, OK
No Melanie, the color of the car is not generally one of the factors that are being considered by a car insurance company in Tulsa, OK to use as a rating factor. The type of car, such as sports, sedan, minivan, etc is taken into account though and can influence or affect your insurance rates. It is a common misconception that certain colored vehicles, such as red and silver, costs more to insure but that is not so.
The myth is out there that a silver or red car costs more to insure but in all actuality car insurance companies do not consider the color, but they do look at the type of car. If it is a red sports vehicle it will likely cost more than a green family vehicle to insure but because of the powerful engine and accidents statistics relating to sports cars compare to a 4-door family sedan, and not the color.
Some other factors that insurers consider includes your age, the kind of vehicle you drive, your claims history, in some states your credit history and your driving record.
I Need A Very Cheap Auto Insurance Company
Reader’s Question:
I want to know how soon after a car is ‘totaled’ do I have to wait to cancel the insurance policy in Roanoke, Virginia? Should I have to wait for all payments (auto value and medical) to be made before I cancel? And am I entitled to a refund for the unused portion of the policy period?
Carmen
Roanoke, VA
If your vehicle gets ‘totaled’ in a car accident, and it is the only car on the policy, you do not have to wait to cancel your policy. If you choose to cancel the policy, because you are not getting another car to replace it on your policy, you will want to have a cancellation date for the day after the accident.
Your car insurance company will request proof that your vehicle was indeed ‘totaled’ in an accident and the date the accident took place if the other party’s car insurance company is going to pay you for the car accident, to backdate your cancellation date to the day after your accident. Most insurance companies in Roanoke, VA impose a ten percent surcharge to your return premium when you cancel a policy, this is somewhat called a ’short rate’ cancellation. I do not know if that surcharge will apply in this type of situation. You will need to speak to your insurance company or otherwise, you will be refunded any money that is rightfully yours.
Cheap Auto Insurance For Used Car
Reader’s Question:
Regarding car insurance in Portland Maine, does it matter if the car I will purchase is new one or a used car?
Malcolm
Portland, ME
In general, a used vehicle will cost less to insure since its worth is normally less than a brand new car. Also parts and repair costs tends to be lower for a used car in comparison to a new car and thus if the car must be repaired after an accident the expense should be less for the insurer to fix the used car.
If the new car though is a mid-size family sedan it may cost less than let’s say a used Porsche to insure. So it will still depend on the type of vehicle as well as the age of it on how insurance company will rate your vehicle. Collision-damage costs are also one of the main factors considered in differentiating the cost of insuring one type of car over another. To a lesser extent, you also want to look at how attractive the car is to thieves, whether it is new or used, if a car is popular to thieves and often stolen it may be higher to insure. If you are searching for a car to buy in Portland, ME and are trying to decide between a new or used car, you can get an automobile insurance quote online if you have internet access, on each vehicle to see what the price difference would be for each to be insured.
Cheap Auto Insurance Coverage In Alabama
Reader’s Question:
How do I compute what my car is worth in Mobile, Alabama? I want to know in order to determine how much collision & comprehensive coverage I should get.
Peter
Mobile, AL
Determining your car’s worth is somewhat like an insurance company calculating a vehicle’s actual cash value (ACV) after a total loss. To know the value of your vehicle you need to determine what amount you could get if you were to trade in or sell your vehicle at this point in time.
I suggest you can use valuation tools such as NADA, Edmunds or Kelley Blue Book. These guides and tools will give you trade in values, retail values and private party values typically. To get the most accurate idea of what your car is worth put in what options your car has, such as the mileage and basic condition. Aside from these valuation guides and tools you can look at how much a vehicle in your condition and mileage is selling for in the local car market in Mobile, AL. Internet sites such as Autotrader might help you in this kind of issue. Once you have determined the value of your car you have the personal decision if you want to carry comprehensive and collision coverage on your car.
I Need Auto Insurance Help Here In Arizona
Reader’s Question:
What if I got into a car accident in Tucson, Arizona and someone sues me, what if I think the car accident is my fault, should I say so?
Bryan
Tucson, AZ
The Arizona Motor Vehicle Division (MVD) wants to make sure that everyone on its roads is protected and safe. For that same reason, it requires that all vehicles, including motorcycles, mopeds, and golf carts, be covered with liability insurance from a company that is authorized to provide the service in Tucson, Arizona.
If you get sued, contact your insurance agent and your lawyer right away. Normally, your car insurance company will assign a lawyer to handle your case. But, if you are sued for more money than the coverage of your policy, you may need your own attorney too. In addition, car insurance company lawyers do not handle traffic citations or criminal cases, such as hit and run charges. If you have been charged with a crime and cannot afford a lawyer, call your county’s Public Defender. You may qualify for free assistance, depending on your income.
If you have been involved in a car accident, do not volunteer any information about whose fault the accident was. You may think you are at fault and then later find out that the other driver is as much or more to blame than you are. Before taking and admitting your fault, you should first talk to your car insurance agent, your lawyer or both before taking the blame. If you confess anything to the police or the other driver it can be used against you in the court. Do not agree to pay for car damages or sign any paper except a traffic ticket until you check with your car insurance company or your lawyer.
Iowa Auto Insurance Question – Why Am I Getting Screwed?
Reader’s Question:
I got into a car accident in Davenport, IA where an insured motorist ran a red light and totaled my car. I did not have car insurance at the time which I got ticketed for since it is an Iowa law, but I was just switching policies. Will this make a difference in the at fault party’s insurance paying for my medical bills and my car damages?
Judith
Davenport, IA
The state of Iowa does not have a compulsory insurance law but does require motorist to be financially responsible for car accident damage or injury. This means that Davenport, Iowa motorists are not required to carry Iowa car insurance, but if they do not they will need to provide another form of financial responsibility such as a bond. According to Iowa law, motorists that choose to provide proof of financial responsibility with Iowa car insurance must be covered for bodily injury and property damage liability. The minimum amount of these coverage’s allowed is 20/40/15. This represents that you must carry $20,000 for bodily injury per person, $40,000 for bodily injury per accident and $15,000 for property damage per accident.
The Iowa Financial and Safety Responsibility Act law protects Iowa drivers by suspending the driving and registration privileges of any individual who has not been able to provide financial responsibility following an accident. It also makes sure that any individual who had his/her driving privileges suspended or revoked because of certain convictions, an unsatisfied judgment, or a violation of implied consent laws, will be able to financially compensate others for future damages or injuries that the driver may cause. Even though you may be facing hefty penalties for being without insurance at the time of the accident, since you were not at fault, normally you would be able to make a claim with the at-fault party’s liability policy for your injuries and the car’s damages. I suggest you check with their insurer on how you would go about making your insurance claim.
Cheap Auto Insurance Rate Quotes In Shreveport Louisiana?
Reader’s Question:
I heard that if you are in a parking lot accident in Shreveport, Louisiana each person is responsible for their own vehicle repairs, is that true?
Johann
Shreveport, LA
It depends on the details of the accident and if there is a clear cut driver at fault or not. As with most of parking lot accidents it will be up to state negligence laws and an investigation from the insurance companies involved in determining whose fault was the accident. If the insurance companies involved found that each party has 50 percent to blame for the accident, then it may be that each party will end up taking car of their own damages.
Louisiana is known as a comparative negligence state which means a driver can be anywhere within zero to 100 percent at fault in an accident. The Department of Insurance for Louisiana site states that procedures for parking lot accidents may differ somewhat from place to place, but generally speaking, the law enforcement agency with authority in the area where the parking lot is located will respond when you have an accident, even if it is on private property.
A parking lot in Shreveport, Louisiana, as in any place else you operate your automobile, all the usual rules regarding insurance do apply, and most of them are just good common sense. If a driver is backing out a space in a private lot and collides with another car that has the right of way, the first driver is at fault. However, if both you and the other driver are backing out of parking spaces or cutting across an empty parking space when you collide, both may be considered at fault. Typically, you must be at least 50 percent at fault for your liability to pay the costs. This means that in many parking lot incidents, neither person’s policy will pay for damage to the other vehicle because the drivers share the liability.
Very Cheap Auto Insurance In Portland Maine
Reader’s Question:
My license is from Portland, Maine, I received a warning for speeding in Massachusetts; will it affect my car insurance rates?
Victoria
Portland, ME
Massachusetts General Laws state that for motor vehicle infractions or violations a law enforcement officer may issue a written warning or citation. However, this section of the law does not say how a warning ticket will affect a MA or out of state driver. It does appear though the written warning is not at least in your MA record since it notes that 3 written warnings within a 12 month period may result in penalties. Maine is part of the Drivers License Compact (DLC), which requires member states to report back convictions of traffic tickets to the state where the motorist is licensed, while Massachusetts is not. However, Massachusetts still has agreements with other states to exchange ticket information. It also notes that the licensing authority in the home state shall give such effect to the conduct as it is provided by the laws of the home state. However in your case it does not appear as if you would need to worry about this MA infraction going against your Portland, ME license since it was a warning and not a ticket to which you were convicted of.
Even if this had occurred in state, in my experience, in most cases a written warning does not normally affect your insurance because it does get sent to your record. There are exceptions where it can appear on you record, in those cases the infraction would affect your rates.
Compare Auto Insurance Quotes in Dallas
Reader’s Question:
What are the benefits of comparing multiple company quotes in Dallas, Texas?
Brent
Dallas, TX
Auto insurance companies normally will target a certain category of drivers that has the lowest loss ratio; that is the category of drivers that the least amount of money in terms of auto insurance claims is expected to be paid out.
Each auto insurance company’s rates are adjusted according to their losses so that they can raise insurance rates in areas where they have had a lot of payouts and lower rates on those areas where they had a low amount of payouts.
Other than the drivers by a city’s zip code, insurance companies also categorize by many other factors including driving experience, marital status, driving record, occupation, type of vehicle, and a few other factors.
This is why comparing rates from multiple insurance companies is important. Although some car insurance providers may be cheap for your neighbor, it may be expensive for you and vice versa.
There are other faster ways than calling several different companies to get their auto insurance quotes. There are brokerages out there where you can instantly compare auto insurance quotes from top companies and allow you to purchase the policy. There are a lot of websites that will permit you to compare car insurance rates instantly, with one simple process, from top companies in Dallas, TX.
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