Automobile Insurance Specialist

Reader’s Question:

If got convicted of DUI and I would like to know if my insurance carrier in Palm Beach, FL will just cancel my car insurance policy or does it has to go through some sort of procedures?  Do I need a specific auto insurance specialist?

Josh

Palm Beach, FL

Insurance carrier’s guidelines vary however a conviction for driving under the influence (DUI) could result for an insurance provider terminating your automobile insurance policy. Usually your insurance carrier may cancel your insurance mid-term or cancel the car insurance policy at the end of the term due to your conviction for DUI.

If your insurance policy is terminated in this manner in Palm Beach, FL, your insurance carrier must send you notification stating why your car insurance policy have been canceled and then you will have to find another insurance carrier while now having a cancellation on your auto insurance claims history. Most states do not allow insurance carriers to just drop you in the middle of the car insurance policy term, even for a DUI. If you want to get more information about your state guidelines with regards to this, verify with your state’s insurance regulatory body.

Young Driver Insurance Discounts in Florida

Reader’s Question:

I am an 18 year old male driver in Delray Beach Florida and I would like to know if I will now get lower auto insurance cost since I am now legally an adult?

Adams

Delray Beach, FL

No, it is doubtful that you being 18 years old will lower your auto insurance rates. Though you are technically an adult you still only have a couple of years of driving experience and therefore still a high risk to an insurance company in Delray Beach Florida. If you are no longer in school then you may lose a good student discount and at 18 your car insurance rates could go up.

Typically car insurance rates for young drivers go down once you turn 25 years of age. Some insurance companies may lower their car insurance rates at an earlier age, such as 21, but normally 25 is the age at which rates lowers since statistically that is when motorists tend to mature and become less of a risk.

You may speak to your car insurance agent about what your insurance carrier’s guidelines are regarding car insurance discounts and also about their rating system as it relates to how many years you have of driving experience and how old you are.

Do You Want Very Cheap Auto Insurance In Arkansas

Reader’s Question:

If your vehicle gets totaled, what do they then do with the vehicle? I live in Jonesboro, Arkansas. Im going to need a new car and cheap insurance for it.

Brad

Jonesboro, AR

When a vehicle is found to be a total loss and the insurance provider takes possession of the car normally they sell it to a junkyard for scrap, sell it for parts, or if it can be repaired sell it at an auction as a salvage car.

The monies the insurance provider receives for the car help offset the cost of the claim they paid out for the car being declared a total loss.

Insurance providers guidelines will dictate what your insurance carrier would do with a totaled vehicle. You can contact the insurance regulatory body for state law information and your car insurance carrier’s agent in in Jonesboro, Arkansas for data on their internal guidelines.

Very Cheap Auto Insurance Rates in Alabama

 

Reader’s Question:

If I am under my parent’s car insurance policy in Alabama, is it possible that I can be a private driver on the insurance policy so if I will get a ticket or accident it would not affect their car insurance rate?

Harry

Mobile, AL

If you are going to be added on your parent’s car insurance policy in Mobile, Alabama as a driver then your driving history will be a rating factor and therefore could affect the car insurance rates.

 

As a listed driver and licensed household member on the auto insurance policy the insurance carrier will want to check your MVR. Any traffic tickets you are convicted of and accidents you may be involved in will be put on your driving history which the insurance provider would see as part of your Motor Vehicle Record.

 

Depending upon the insurance carrier’s rating system the accidents or tickets could affect your parent’s auto insurance rates. There is not a way to be on the insurance policy but not have your driving history used as part of the rating process since you are a driver of the vehicles listed on the insurance policy.

Car Insurance And Your Credit Score – How It Affects Your Rates

Reader’s Question:

Why do car insurance applications include questions about for credit history or if you have claimed bankruptcy in the past?

Sarah

Birmingham, AL

There is much debate over the use of credit scoring to determine car insurance rates. There have been similar issues in the past with regards of using age, marital status, sex, etc.

Car insurance rates are not solely calculated based on credit score. There are other factors such as the type of car, where you live, driving record, etc. The purpose of getting all of this information is to correlate the insurance rate as closely as possible with the actual cost of potential claims. That is essential to understand.

Using insurance carrier statistics it is known that motorist with bad credit record historically file more accident claims than motorist with good credit. Credit score may also determine whether an applicant is likely to pay premiums in a timely fashion.

Cheap High Performance Car Insurance

Why should you pay more for high performance muscle car insurance? Could it be justified because you own a fast car, does that mean you are going to drive fast and reckless?

I know of many fast car collectors in this country and many of them do not really drive fast at all….heck their cars cost too much money to put in jeopardy driving like a mad man.

So does this mean that their car insurance carrier will give them the same low rates as a “normal” vehicle? Ya right my friend, think again.

I would assume that the vast majority of cases the insurance rates will be greatly higher for a muscle car than that of a regular whimpy vehicle. Could this be fair? Can one really expect to find cheap fast car insurance?

So how can a high performance car owner reduce your insurance rates?

1. Carry the highest deductible allowed
2. Move all other insurance plans to one company to take advance of combined coverage discounts
3. Check for discounts like limited use or restricted use vehicles if you only drive on the weekends or at certain times of the year etc.
4. Take defensive driving class or some other state offered driving program
5. Clean up your driving record. Keep your record clean and clear of violations even when not driving in your fast car. Any and all violations will increase your rates regardless of what kind of vehicle you were driving in when you were giving the citation.

Want to get more ideas and tips on how to lower your high performance car insurance rates? Our new site is made for visitor feedback to help fast car owners get lower rates on high performance car insurance allowed.