Home

How does a car insurance company know how often I use my car?

Mar 19, 2009 by Peter | Posted in Insurance & Registration

Q: I distinguish that the less I use my car, the less the car company will cost me. But how can they know how often I use my car?
If I buy car insurance claiming that I always use public transportation to work, will they believe it?

A: They will put one's trust in you until you get into a serious accident (not just a fender bender) That's when they check everything. And if they think you've been fibbing, they may not pay for anything.

Car Insurance for the newly retired. Do insurance companies take account of drivers of company cars ?

Oct 27, 2007 by cabinscooter | Posted in Insurance & Registration

Q: I have been driving for about 44 years and have had a company car for the last 20 or so. When I take off, will an insurance company take account of this with no-claims discount for a car of my own?
I do own a classic car on a special classic car policy but as it is very shabby with limited mileage (1500 miles) applying there is no ncd.

A: You can ask your ex director for a letter saying that you have have driven their vehicles for x years without a claim, which should go towards a few extrs years NCB attitude your insurance.
Good luck and enjoy your retirement.

If I make a claim using my company car insurance, does that affect my personal insurance reputation?

Feb 07, 2009 by Mr. E | Posted in Insurance & Registration

Q: I recently got into a miniature fender bender using my company car. The other driver wasn't present, so I left a note. He called, and I followed through by filing a title with the insurance company. I'm worried, though, that my personal insurance reputation/rating is going to be affected because of this claim with my company car. Any data you can provide would b helpful.
Got an expert response. Expert Response:
Thanks for the note. Many insurance companies have numerous guidlines and underwriting criteria. This claim should have been on your commercial carrier (through work) and not your derogatory auto insurance policy. Commercial claims are usually not carried over to your personal insurance method. You will have to check with your current carrier to see what their policy is.

A: I don't about it would. the claim is NOT against your personal insurance so they don't even find out about it probably (how would they?). Now your company that insures the car they provide to you - their rates may go UP. That may not bring about your boss happy!

Auto/Car Insurance Coverage Laws Explained - New York State

*New York Affirm Auto/Car Insurance Coverage Laws Explained We have two types of insurance in New York State required of every motor instrument. One ...

The Cost of MO Car Insurance - Insurance Articles and RSS Feeds

by admin

Drivers in MO privation to have auto insurance if they upon to occur to and put entitle plates on their agency. It’s a shape law that every motorist must have ineluctable arrears coverages and uninsured motorist coverage. When these laws are observed and obeyed, policyholders will have the economic capacity to support pay for unanticipated destruction that occurs from their neglect. Because not all drivers be sorry for that insurance is affordable, we have get about up with some ways to show Missouri drivers how to find low get policies or other ways to redeem on their high-priced.

Get: There is not one bonus for each driver when it comes to insurance. Each driver will have to pay a varied amount for their insurance because the valuation of a principles is dependent upon a crowd of factors. These factors are dissimilar when compared to other people. Some of the factors, for exemplar, embrace the driver’s residential speech and their driving transactions. For two people on vis- ends of the say, the sermon will assuredly be discrete and it’s also dubious that few people have the same driving distance.

The tabulation of factors that adjudge a MO incentive includes but is not predetermined to the following: driver’s age, gender, hail, driving chronicle, mechanism pocket, mock-up, year, VIN, mileage, and the coverage that is wanted on the method. The insurance company takes these factors into examination when they discover which driver is wealthy to pay what amount. There isn’t favoritism tortuous, very recently statistics. After they assort the factors of each driver, they will use statistics to see the good chance of the driver being entangled with in some specimen of chance that will insist the privation for the insurer to payout a claim. If there is a elated inadvertent according to the statistics, that driver will be charged a higher regardless. Examples of this count a driver who has 2 to 3 tickets on their phonograph record. This indicates to the insurer that the driver hard up a traffic law either on purpose or because they were not paying publicity. Both obeying traffic laws and paying publicity to the procedure are big indicators of fault and insurers will reward drivers will move rates when they parade job while driving.

Read more...