Why Would My Auto Insurance Company Cancel My Policy?
Reader’s Question:
What are the reason why auto insurance company cancels your insurance in Cheyenne, Wyoming?
Bill
Cheyenne, WY
The insurance company in Cheyenne, Wyoming may cancel your car insurance for any reason within the first sixty days of car insurance coverage. Once your car insurance policy has been in effect for more than sixty days, it can only be canceled for:
- Nonpayment of auto insurance premium.
- motor vehicle registration or The driver’s license of any one driver residing in the policyholder’s household or who customarily drives a car insured under the insurance policy has been under suspension or revocation during the car insurance policy period. The insurance company may cancel coverage only to that operator by issuing an endorsement to the insurance policy excluding coverage to that operator. Refusal of such restrictive endorsement by said insured shall constitute grounds for termination of the policy.
- Fraud on the part of the policyholder in filling out the application.
How To Lower Car Insurance Rates in Pennsylvania
Reader’s Question:
I’m planning to get new insurance coverage for my car because it seems that I’m paying way too much with my current insurance company. How can I be able to get a lower premium rate for my car insurance here in Pennsylvania?
Marina
Pittsburgh, PA
A lot of factors actually affect your car insurance premium and that includes your age, where you live in, where your car is garaged, your driving record and the make and model of your car. Although it may seem that you could not do much about some of those factors, there are several things that you can do to lower your premiums.
The first thing that you can do to get a lower car insurance premium rate is to increase your insurance deductible. This would be the amount of money that you have agreed to pay out of your own pocket before your insurance coverage kicks in. Then you could also eliminate optional coverage from your car insurance like rental insurance, towing and labor, etc. You may also opt to eliminate comprehensive and collision coverage if you are driving an older car which has a value of less than $1,000 and if you could afford to pay for repairs if necessary.
You might want to ask for available discounts for your car insurance as well. Insurance companies could offer discounts for safety or antitheft devices and low-mileage discounts. Best of all, you have to shop around for your car insurance coverage. Car insurance premiums for the same coverage on the same car could vary widely among different insurance companies.
Ask for discounts, you never know what you might be able to get and how much you can save by asking. Some popular discounts can be given for:
1. Military personnel
2. Good grade students
3. Union membership and bank member affiliations
4. Safe drivers with no claims in last 7 years
5. Defensive driving school attendance
6. Clean credit history – used by many carriers to determine payment risk
I suggest you start you search now for a very low insurance premium from a great insurance company in Pittsburgh, Pennsylvania. Look at the top of the page and you could get an online rate quote from this website.
16 Year Old Student Car Insurance With Learners Permit
Reader’s Question:
Hey Guys, I am only 16 years and I have a learners permit in Lansing , MI . I would like to be added to my father’s auto insurance policy so I can drive my new vehicle but I can’t find an auto insurance company that will insurer that will do that for me without charging an arm and a leg. Does anyone have a recommendation for student car insurance coverage in the Lansing area? Where can I find an insurance company that will insure me in Michigan?
Ben
Lansing , MI
You should be able to be added to your father’s auto insurance policy as an additional driver without any real problems, I don’t see why you would have an issue there. It would be your father’s insurance policy that would add you to his car insurance policy. I had a cousin in Flint MI that got his own auto insurance policy in his name but he had to get a legal guardian to co-sign for him because he was not 18 and still a minor. Another way is to obtain another car insurance policy for you and your father on your new vehicle or with his car and your car together.
You can easily get an online rate quote for great car insurance in Michigan from this site, and I would encourage you to do so. When you do, make sure you ask about a student discount and a limited use discount, both of which you are probably eligible.
Some car insurance companies will give good students…or I should say students with good grades a discount. I am not sure about your grades, but nonetheless you should inquire about a student discount of some kind, just because you ARE a student or at least I hope you are at your age.
A limited use discount means you are only going to drive your vehicle short distances and to and from school or other regular routes. I would assume your vehicle sits in the school parking lot most of the time during the day and at night it is in dad ’s garage. If you are only going to be driving these short distances you probably are eligible for this kind of discount as well. Every little discount helps!
You can easily get car insurance for your vehicle in Lansing , Michigan , dont worry. Some Michigan insurers may require that you be the policyholder if the car is under your name only. Some insurance companies will allow your father to insure it for you. Others will even allow your father to insure his car on the same policy.
If you have decided that you will purchase your own insurance policy, your father will need to confirm the policy coverages along with you because you are a minor.
Cheap SR22 Car Insurance Coverage For Teen Driver
Reader’s Question:
My teenage daughter is required to have SR22 auto insurance. Can she also get full coverage on her car, and not just the liability that SR22 provides?
Jack
Lawrence, MA
Yes, your daughter should be able to obtain car insurance coverages above the SR-22 minimum limits the state is requiring her to carry on her car.
The SR22 limits are just the minimum she must get and maintain to comply with the state’s mandate to show proof of insurance with this financial responsibility filing. She can raise the liability limits and add full coverage meaning physical damage coverages of comprehensive and collision to his insurance policy. The state wants to make sure that she has proof of car insurance for at least the minimum coverages they are mandating her to carry however the state would not discourage an individual from obtaining more auto insurance coverages that would protect both the policyholder and those that she drives her car around.
Your daughter should talk to her insurance agent about carrying the required insurance for the SR-22 and the physical damages coverages that she wants to carry on her car. She should be able to get both types of coverages.
One of the best ways to lower your annual premiums is to have a higher deductible amount.. Like a $1,000, is what I carry personally.
Now, if you are a claim free and safe driver like I am, you could be saving a ton of money each year on your premiums. People fail to realize that the deductible amount is only paid when they file a claim and their insurance company pays that claim.
Ask for discounts, you never know what you might be able to get and how much you can save by asking. Some popular discounts can be given for:
1. Military personnel
2. Good grade students
3. Union membership and bank member affiliations
4. Safe drivers with no claims in last 7 years
5. Defensive driving school attendance
6. Clean credit history – used by many carriers to determine payment risk
Cheap Used Car Insurance Quote – How Much Should You Spend On Liability Only?
Reader question:
I have a 1987 sedan that I don’t use, but I own it. Do I have to get used car insurance coverage for it anyway?
Sam
That’s a great question, Sam.
The answer to that is dependent on where you live, though. The state car insurance laws are pretty mixed up on this point, because some states require you to have used car insurance coverage even if your car is propped up on blocks of wood in the front yard. In New York, you have to have auto insurance so long as you own a vehicle and have the title, or are buying a vehicle, and it is of no consequence that you aren’t actually using that vehicle. In order to be excepted from this rule, you would have to give evidence through a certain form that your car is not only unused, but unusable, or that you have sold it to another person or to a junk yard.
If you don’t want to get in trouble by falling victim to a random check of car insurance, then I would advise you to do yourself a favor and look up your state’s department of insurance website to find out what kind of laws your state has concerning this.
Cheers,
Fashun Guadarrama.
Do You Need Gap Insurance When Buying A New Car?
Reader question:
If I have to get a new car as a result of a car insurance accident, does my gap new car insurance coverage take care of the down payment for my new vehicle?
Britney
No, it does not, Britney.
Unfortunately, there is a reason why you have to be way more careful when you own a new car, and that is because even with gap new car insurance you will be entirely responsible for getting yourself a new vehicle. The reason for this is that gap insurance has one purpose only, and that is to create a bridge between what your car is worth and what you owe. For example, the car that I am purchasing right now is worth fifteen thousand dollars, but I still owe eighteen thousand dollars on it. This is called an upside down loan, and it means that you owe more for a car than it is actually worth. This happens a lot with new cars, which are worth a lot straight off the assembly line but depreciate rapidly.
If I had gap insurance (and I do), then if I got into a car insurance accident I would not have to worry about continuing to pay on a car that I know longer have. My collision coverage will give me the fifteen thousand dollars that my car is worth, and then the gap coverage will provide the other three thousand. However, at the end of all this, while I would be safe from debt, I would still be stuck paying for a new car. I would no longer owe anything on my old car, but the gap insurance does not worry about that, it only worries about bridging the gap between what you owe and what your car insurance coverage is actually worth.
Cheers,
Fashun Guadarrama.
Should My Car Insurance Pay for a Dent From a Parking Lot?
Reader question:
I went grocery shopping the other day and and when I came out of the store, there was a big dent in the back of my car that hadn’t been there before. Of course, no note at all. What part of my car insurance coverage takes care or this type of damage?
Juan
Thank you for asking, Juan.
In your case, you are going to want to make a car insurance claim using your collision coverage. Collision coverage is most often known to apply to any vehicle that has gotten into an at fault accident, where liability of the other driver does not extend to their vehicle. Car insurance coverage for this type of damage could also fall under comprehensive, but in a different situation.
You might wonder why it is that collision coverage is needed if you can’t be sure that another vehicle was involved. You also might wonder why it is that whoever caused the dent does not have to pay with their auto insurance liability coverage. Both are valid questions, and to the first one I’d say that there isn’t much rhyme or reason to it, it’s just the way the auto insurance business works. As to the second one, you could do that if you know who the driver is. If you see the driver run into your car and cause the dent, or if they leave contact information on your car so that you can make a claim with their auto insurance company, then you don’t have to make a car insurance claim with your own company at all.
Also, not in every situation would a dent be covered under collision coverage. If the cause of the dent was, say, a shopping basket colliding into the back of the car, and you saw this and didn’t just guess it, or someone else saw it, then so long as you didn’t know the person who did it you could make a claim under your comprehensive coverage, because that is what would apply.
Now, one more question that might be remaining is, would your auto insurance rates go up for a dent that you claimed for under collision coverage, since collision coverage is usually used when you get into an at fault accident? Ninety nine percent of the time it would not, because most car insurance companies do not go by what type of coverage you filed the claim under, but instead by who caused the accident. It is obvious in this situation that you did not. Some car insurance companies are very draconian, though, and your rates would indeed go up so long as your state allowed it. However, in many cases it would not be necessary to even file a claim because if you have a higher deductible you can usually fix a dent in a car for much less than the deductible. If you want to stay on good terms with your auto insurance company, though, you should at least advise them of the incident.
Cheers,
Fashun Guadarrama.
Cheap 17 Year Old Car Insurance
Reader question:
Can you let a 17 year old drive your car even if they aren’t included on your car insurance policy?
Margeret
It depends on your situation, Margeret.
I’d like to know under what circumstances the teenager is driving your car. First of all, does the teenager live with you, is he or she your child, etc.? If the teenager is considered part of your household, that is to say, if they live with you, then you should add them to your policy as soon as they get their driver’s license. This means a big hike in the price of your auto insurance premium for the 17 year old car insurance coverage, but it is much better than what the repercussions would be if the 17 year old ever had to make a claim and had not been listed on the policy.
Everybody who is driving has to have motor vehicle insurance. If the 17 year old does not live with you, then yes, that kid will be covered if he or she drives your car, because any friends or relatives who drive your vehicle are covered, regardless of age. So if you little your little brother borrow your car to run an errand, he will be covered.
Cheers,
Fashun Guadarrama.
Woman Car Insurance – Do Females Really Get Lower Rates?
Reader question:
Why is a woman car insurance coverage much cheaper than that of a man?
Allen
It is only for a certain period of time, Allen.
There is a period in a young person’s life when driving is new and risk is high, among both genders. I can tell you from experience driving with male and female friends who are young and only have had their driver’s license for a few years, that none of them are bastions of driving talent. I can also say that between me and my husband, we’re both insurance and probably should be forced to travel on bicycles for the safety of humanity. Okay, don’t get scared; I’m kidding. However we, as well as many others, are in that age group under twenty five where car insurance companies decide that you need to be charged so much more because of the high risk factor. Funny thing is, his half of the premium is more than mine.
The reason that men end up paying more than the woman car insurance premium, typically, is because not only do they fall into the young high risk car insurance policy holders group, but the group of young males is high risk as well. This is called big numbers rating, which means that the insurance company is determining how much you pay based on the rate that people in your demographic make car insurance claims. While most car insurance companies glean this information from their own data and are won’t to have different results when it comes to things such as more expensive vehicles and areas, the under twenty five male is pretty much a global pariah of the insurance biz. That doesn’t mean you won’t be able to find good car insurance coverage like a woman car insurance buyer would. It just means that it will cost about two hundred percent more than it would if you were female.
You might be wondering why you are getting punished for a claim you never made. Yes, it is true that even if you have a record for driving and motor vehicle insurance claims that is squeaky clean, you will still end up pying more into the system based on the group that you are a part of, even if that squeaky clean record does take some of the edge off of it. The reason for this is that the car insurance companies aren’t the police. They can’t charge you after you’re guilty because if they did then they would go out of business instantly. The amount that you would receive in the event of a bad accident and a claim is often a lot more than the amount that you pay into the system with your car insurance premium. The car insurance company that you are with needs to cover that difference.
So what you end up getting is a system in which people are separated into different groups, and all are throwing their money into a big pool. The pool needs to equal the same amount of money, but not everybody can give as much as everybody else because you can’t penalize someone who only drives five hundred miles a year for the claims of someone who has three DUI charges. So, the people who have fewer risk factors end up throwing less into the pool than those who have more risk factors, and anybody can retrieve money from the pool, so long as their car insurance claim is approved. That’s how the system works.
Cheers,
Fashun Guadarrama.
Cheap Liability Car Insurance Coverage In Florida
Reader question:
Do I need to get uninsured motorist Florida car insurance coverage if I live in Tampa? I just need cheap liability coverage.
Charlie
Glad you asked, Charlie.
Uninsured motorist protection is not a required part of Florida car insurance coverage law, so really it all depends on your options and your priorities. The first thing that you need to consider, before you take in to mind any extenuating factors, is that no matter where you are, no fault state or no, there will be people driving without car insurance. Depending on what state you are in, it might not even be necessary to get extra coverage because of this, but this is still something that you should keep in mind.
First of all, in Florida they only offer one kind of uninsured motorist coverage, and that is for bodily injury. This can be a good idea to carry if you don’t have anything else that would cover the bodily injury of a victim of an accident caused by you if that victim did not carry car insurance coverage. However, it also provides protection for yourself in this area, and that is where it begins to become redundant. In Florida, you are already required to carry personal injury protection coverage, and then most people have health insurance on top of that. It is very unlikely that your health insurance coverage and your personal injury protection would run out after one accident, making it to where you need even more coverage.
One thing that you might consider when thinking about getting uninsured motorist coverage is the possibility of getting a pain and suffering benefit. This might not be possible if you do not have this type of car insurance coverage.
Cheers,
Fashun Guadarrama.
Loading ...