Tag Archives: Insurance Company

Is there any discounted auto insurance rate for a new car stored winters that will not be driven?

Yes, just inform your current insurance carrier that the car is stored, they will remove the liability portion, and just leave the loss/damage portion. Since it’s in a garage, it won’t be causing accidents, but it could get stolen or destroyed in a fire. The loss/damage portion is very small compared to the liability portion … Continue reading

Do you consider health insurers’ rejecting people with "pre-existing conditions" to be "discrimination?"

This isn’t like asking an auto insurer to take on, or not charge more for, people who have been in accidents in the past. This is more like getting into a car accident and then applying for car insurance and asking the insurance company to pay for the accident that already happened. It’s not a … Continue reading

Is there a Fair Way to Deal with Pre-Existing Conditions?

Insurance is a bet. It’s like Atlantic City or Las Vegas or Monte Carlo. Everyone has always known that — until today — when suddenly everyone has completely forgotten this most basic truth. After your house burns down, you can’t get fire insurance for that house. The pile of cinders is considered a pre-existing condition … Continue reading

What are auto insurance rates based on and why do some companies cost more than others?

There’s many criterias insurance companies factors in for price. Here are a few (in no particular order)… – Driving record – Age – Years licensed – Vehicle – Zip code Some companies will specialize in certain risks. For example, Company A specializes in younger drivers while Company B specializes in older drivers, and the prices … Continue reading

Need serious advice on an auto accident settlement, lawyer is giving vague answers to me, not really helpful..?

Had a very bad car accident summer of 2007. Have had shoulder surgery for a torn rotator cuff, have had surgery on each arm for nerve damage due to compression from impact onto steering wheel, still having neurological issues from 5 herniations in my cervical spine. C2, C3, C4, C5, C6 are all severely herniated, … Continue reading

Why do auto insurance companies penalize when the person had a lapse in coverage?

I had to be without coverage for 6 months due to catastrophic financial situation but I already got my coverage back and the premium doubled. I have a clean license and no accidents ever, why would they consider me "high risk", its the only way premiums go up other than coverage changes. thanks If you … Continue reading

6 Tips for Cheaper Young Driver Auto Insurance

Do you need to insure a younger driver, under 25 years old? If you have insurance shopped, you have probably found that covering that young person is one of the most expensive things about having them drive a car. Insurers consider teens and young adults as a very high risk group, and so they will … Continue reading

Is there an option to suspend auto insurance coverage when you are not in the United States?

I am in the United States and have liability-only auto insurance coverage. I will be on vacation (out of United States) for about a month and my wife (also on my insurance policy) would be out of the United States for more than six (6) months. Based on preliminary findings, it seems that not having … Continue reading

Need help with a business Insurance question?

Long time Real estate agent being asked by Broker to name Broker and affiliated National Franchise as "additional Insured" on my personal auto policy. Interested in the pro’s and con’s of this from agent perspective. Is this becoming common practice? does it affect my personal protection? will insurance Co. charge for such an endorsement? This … Continue reading