Questions tagged [car-insurance]

related to automobile insurance. There is also a generic insurance tag.

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19
votes
4answers
5k views

Should I tell my insurance company I have an unsecured loan for my new car?

Generally, I do all of my quotes online instead of dealing with an agent. They've always asked if the car is leased, financed, or owned. In my current situation I am technically financing the car, but ...
23
votes
4answers
8k views

Suppose leased car is totalled: what are financial implications?

Inspired by this question on totaling vs repairing a car and my situation (I'm leasing a car) my question is: Suppose a leased car, properly insured as per the lease (i.e., comprehensive) is involved ...
1
vote
1answer
138 views

Car Insurance - Uninsured Motorist Bodily Injury With Personal Health Insurance

I have comprehensive health insurance with a relatively low out of pocket. I noticed that the "Uninsured Motorist Bodily Injury" add-on for my car insurance has limits of $100,000 / $300,000. In the ...
4
votes
2answers
244 views

How much liability coverage do I need for my car insurance?

My auto insurance policy is up for renewal soon, and I want to make sure I have the right amount of liability insurance. Currently we (my husband and I) have liability coverage for $100,000 per ...
-11
votes
1answer
177 views

car insurance — absolute cheapest possible way to make / get it [closed]

I'm aware that it's possible to make your own car insurance company. That being said, does anyone know of the absolute, cheapest possible car insurance there can be? I'm not concerned at all about ...
1
vote
1answer
79 views

Does using a credit card's rental car protection in case of a damage with car rental result in increase of some premium or extra fees?

Many credit cards in the United States offer some kind of rental car protection (mirror). In case of a damage to the rented car, does using the credit card's rental car protection in case of a damage ...
3
votes
2answers
120 views

What's the difference between Uninsured and Underinsured motorist insurance?

In the US, one can often add Uninsured and Underinsured Motorist coverage independently to one's car insurance. What exactly is the difference? It seems that, going by the name only, Underinsured ...
1
vote
1answer
72 views

Requirement to purchase Collision Damage Waiver for car hire excess coverage

I recently took out a car hire excess reimbursement policy from a reputable third party insurance company (AIG). The policy states that CDW is required in order to receive reimbursement for a claim. ...
0
votes
0answers
247 views

car insurance claim, police report, minor damage and carfax

I parked my brand-new car on the street at night and woke up next morning to find out that someone, perhaps on the bike has hit it and the side mirror cover is off. The small dent on the side of the ...
3
votes
2answers
173 views

How do I protect myself in this situation, and get a receipt for my payment?

Just over 3 weeks ago I bumped into someone's car on accident. There was no apparent damage to their car, but I insisted we exchange details in case. The person refused and said it was all right. ...
2
votes
1answer
166 views

Does it ever make sense to buy Uninsured/Underinsured Motorist Insurance?

I can add this to my car insurance for a few bucks a month, but I do not see when this would be needed. So, let's say I get into an accident caused by an uninsured driver. Maybe I suffer severe ...
59
votes
6answers
12k views

Why does Geico ask me not to reveal the limits of my liability coverage in case of a car accident?

I read on my "Evidence of Liability Insurance card" issued by Geico in California, US: What to do at the time of an accident: […] Do not reveal the limits of your liability coverage to anyone. Why ...
27
votes
8answers
13k views

Why does car insurance also insure for injuries rather than only insuring the car itself?

At the very least here in British Columbia car insurance is very expensive because of substantial payments towards injury and rehabilitation compensation. To me this doesn't make much sense, as in ...
2
votes
1answer
234 views

Liability for our son's car loan [duplicate]

My husband and I have co-signed for our son's car loan, and also he is listed on our car insurance coverage. If he gets in an accident, can we be sued?
2
votes
1answer
109 views

Car Insurance Company Settlement Pay out at market value or price I bought it at

I live in the UK. I am currently in the process of making a car insurance claim for a vehicle that has been written off. I recently purchased this vehicle that has been written off, the vehicle ...
3
votes
2answers
174 views

Canceling the auto-renewal on car insurance?

I just phoned my insurer's customer service and advised them I wanted to cancel auto-renewal. I was told I can't. My car is broken and I will be selling it shortly (or close to end of policy date, so ...
2
votes
2answers
182 views

New Car Insurance Quote versus Renewal

First of all forgive me if this is the incorrect section for this question, it seemed this section or the legal section was the most appropriate to me but please correct me if I'm wrong The situation:...
0
votes
4answers
160 views

Are there any statutes of limitations on insurance claims?

I damaged my car a year and a half ago, and at the time I was mad and embarrassed at my mistake to the point that I just ignored it ever happened, even though I have full insurance on the vehicle (no ...
2
votes
0answers
365 views

Understanding Effect of Claim on Car Insurance Premium

I was in an accident where I was at fault (minor, no one hurt). The other driver has made a claim against my policy, so I am trying to figure out if it now makes sense for me to also make a claim for ...
0
votes
2answers
88 views

Car insurance for the summer in Canada

We're thinking about buying a car in Nova Scotia, Canada while we are here for the summer. We are residents of Ontario. We don't really want to keep the car past our time here. The question is how do ...
1
vote
0answers
150 views

How to pay ER bills after collision in someone else's vehicle

Which insurance(s) should I contact to file claims in the following situation? I have auto insurance for my vehicles with the usual coverages including personal injury protection, which I understand ...
0
votes
1answer
131 views

Lump sum payment for balance on loan on totaled car

It is my understanding from auto insurance company (State Farm- in Georgia) that we will be responsible for a lump sum payment on difference between estimated value of vehicle and loan value(totaled ...
2
votes
2answers
210 views

Best way to get temporary car insurance with outstanding claim?

So about 4 months ago I purchased my first car, 2014 Toyota RAV4, from a large Toyota dealership in Virginia, USA. During the purchase they told me for around $1000 they would title, put plates on, ...
1
vote
0answers
132 views

Deciding whether or not to repair hail damage on car

I have a 2012 Subaru Outback. Paid off, 60k miles. Several months ago it was hit by a small hailstorm. There are dozens, if not hundreds, of very small dents in the roof and hood. But, they are so ...
2
votes
2answers
102 views

Increase in auto policy premium after removing 3rd car

My wife and I had 3 cars with Allstate. Homeowners, policy, umbrella policy, everything with Allstate. Same agent for 35+ years. Now the "kid" runs the show, somewhat arrogant, and enjoys all the ...
3
votes
1answer
184 views

Car stolen fully comp but SDP on my policy now Go Skippy won't pay out

I am fully comp with Go Skippy, but on my policy it states SDP. I got called in to work last minute (at a supermarket). So I drove, which I don't usually as I catch a lift with a friend. When I ...
0
votes
2answers
229 views

Financial liability in allowing a relative to drive a car I own

Would I be accepting financial liability—beyond the value of the vehicle—if I allow a relative to be the primary driver for a car that I own? This is assuming that the relative has car insurance ...
1
vote
3answers
288 views

Is hire purchase that risky compared to a personal loan in the case of a car crash?

I am very uneducated when it comes to personal finance. Four years ago I decided to buy a car. The dealer offered me the car with 0% interest and when I told him that I might pay the installments ...
0
votes
1answer
55 views

Car insurance - UK resident, UK-registry car, EEA licence (with Shadow licence in DVLA) - no-claim protection

I'm an UK resident with EU driving license. I own a UK-registered car and I do pay a bit too much for insurance. It is because I stated that I had an accident and a claim in UK in 2016. Also, since ...
3
votes
2answers
162 views

What if other person claims car damage higher than actual (in USA)?

This is a hypothetical scenario but I'm thinking of it since I am going on a long trip within the United States. I currently have a car insurance that covers up to 15000$ damage to other cars. In ...
1
vote
2answers
100 views

How do auto insurance down payments work?

I have a friend who just immigrated to the USA and just got a driver's license for the first time (he's never had a driver's license before, either in his previous country or in the USA). Now that he'...
2
votes
1answer
122 views

Tax implication for totaled car payout

I recently had a car totaled. The payout was more than the amount I paid for the car while I bought it. What are the tax implications on this. What kind of tax (if any) I need to pay on the profit? ...
2
votes
1answer
157 views

Is it legally binding in the UK to declare penalty charge notice issued by the council to the insurer?

Does the Penalty Charge Notice (PCN) for a traffic contravention issued by a local council need to be declared to the insurer? Also, does this affect the premium?
-1
votes
1answer
80 views

Estimated car insurance cost without personal information [closed]

What are the best websites for estimating car insurance price without leaving personal information?
3
votes
1answer
457 views

liability vs collision coverage

I live in Washington State. I have a reasonably cheap car. I am not afraid to replace it if I have to so covering for damages isn't a problem. Additionally, I have a good job with good health care. I ...
3
votes
1answer
100 views

When I stop driving for 2 years, should I put myself as a secondary on my mom's car to keep premiums low?

I live in Montreal, QC, Canada and I have little use for my car. I'd like to save money by getting rid of it and the expensive insurance. I've heard gaps in insurance history will lead to higher ...
13
votes
5answers
3k views

How to calculate car insurance quote

I'm trying something in related to Auto Insurance and when I went through the State Farm's insurance portal, it asked me for a couple of questions like below. Vehicle ownership Car Age Person's Age ...
7
votes
1answer
307 views

Can my insurance company raise my rates for asking them about a claim I may not file?

My 16 year old son backed our van into his grandmother's car last night, causing minor damage to one door on her car, though nothing noticeable on our van. I estimate that it will cost a few hundred ...
1
vote
2answers
132 views

car rental secondary coverage is enough?

I rented car by Amex and it gives you car insurance. But this has only secondary coverage: This benefit provides secondary coverage and does not cover liability, damages to vehicles other than ...
1
vote
1answer
143 views

Negotiation with car insurance damage adjuster

Another driver backed into and damaged my car. I have filed the claim with the other driver’s insurance. As the standard protocol, they will come, access the damage and write me a check for the ...
1
vote
3answers
1k views

Auto Insurance: Adding another car to the existing policy (GEICO)

I've been with Geico for many years. Recently I decided to purchase second brand new vehicle for my family from Ford in South FL. While discussing with financial manager on all my possible options, I ...
1
vote
1answer
117 views

Doubt regarding NCB for a second hand car

I had bought a second hand car with NCB 50%. When i approached the car insurer to change the ownership name, he did the same and he didn't mention anything about the NCB transfer and I also was ...
33
votes
12answers
13k views

Why is auto insurance ridiculously overpriced for those who drive few miles?

It's not just one company. The problem is our current driving is something under 4,000 miles/year and the discounts for low driving aren't remotely as big as the difference in mileage. I don't think ...
12
votes
1answer
707 views

Car was stolen and recovered, is now evidence in an investigation and I still have to pay even though I don't have access to it

What happened: 2 months ago my then girlfriend (now wife) was carjacked at gunpoint. The car was found the next before 48 hours in another town, in circumstances that merit the police to take my car ...
3
votes
2answers
514 views

Car Insurance - Black box has broken and insurance company wants me to pay?

I have have had an insurance policy on my car for nearly 2 years now. It is one of those policies with a black box. Recently during hot weather the black box battery has swollen up and the case ...
2
votes
1answer
86 views

How do I buy bundled insurance policies?

I currently have separate policies for home, auto, and term life insurance with three separate companies. I've read in multiple finance Websites that I should consider whether bundling policies with a ...
1
vote
0answers
126 views

Negotiating with car insurance

Last month, someone ran their car into the back of my parked car. Therefore, this accident was 100% the other party's fault. Since it was not my fault, I did not file anything with my insurance ...
4
votes
1answer
470 views

Car Insurance: Driving Experience from Another Country

The background: I am from Lithuania originally. I got my driving license there and been driving for 5 years. I then moved to the United Kingdom. First thing I did is changed my Lithuanian driving ...
38
votes
2answers
13k views

Car insurance (UK) excludes commute to and from work, will not pay on claim during non-commute

My girlfriend was recently involved in a crash where both parties are claiming it was not their fault. She took out a policy with an insurance company called GoSkippy whose brokers are Eldon ...
1
vote
1answer
94 views

PennDot registration suspension for not responding to their request. [closed]

My auto insurance policy expired and on the same day I purchased another policy via some other company. I received a letter from PA-DMV, requesting an update about new insurance policy information. ...