Questions tagged [car-insurance]

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

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15 votes
8 answers
4k views

Why is the mandated minimal liability car insurance coverage so high?

All over the world, you need car insurance that covers the damages you do to others. In Austria and Germany, this insurance has to cover at least 7 790 000 € of damages. Isn't it a bit high? This ...
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2 votes
1 answer
89 views

Does it ever make sense not to file a claim on my auto insurance to keep rates low?

Given that auto-body shops report repairs to a car to services like CARFAX, it is pretty much impossible to hide the fact that your car was in an accident. Does it ever make sense to not file a ...
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0 votes
2 answers
104 views

Forgot about an accident when signed up for car insurance. What will the insurance company do if I tell them?

I have moved to France, bought a vehicle and signed up for car insurance. I said that I didn't have any car accidents over the past 2 years, but when I got my letters of experience from my previous ...
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  • 187
0 votes
4 answers
221 views

Cheapest Auto Insurance - company compensates other driver in an accident only if I can't

I don't have any current (auto or home or renter's) insurance and need to rent a car for one week in Minnesota. The minimum, after tax, cost I can find is $280, but this includes no insurance (I even ...
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  • 476
0 votes
0 answers
21 views

Full Term Effective Date vs. Policy Tenure Date

Suppose we have an auto insurance policy. Is there a difference between the full term effective date of this policy versus the tenure date of the policy? What exactly does tenure date mean? I know ...
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15 votes
5 answers
4k views

Why is net worth a recommended minimum for insurance coverage

My auto insurance recommends taking out a policy with a liability limit of at least my net worth. This doesn't seem intuitive to me in that the less money you have, the more a big bill is going to ...
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  • 253
3 votes
2 answers
183 views

Does it cost more to buy a car insurance without having a US driver's license?

Can I buy a car insurance for a used car I bought when I am a new student in the US without SSN and the US drive's license, but I have my home country's driver's license? If so, does it cost more than ...
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12 votes
7 answers
14k views

Could I take my car even though my mom says no?

I have recently moved out of my mother's house. I'm 19. My mom gave me her car since she got another one. I pay the car payments but she pays the insurance, but she expects me to pay all the month’s ...
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  • 121
3 votes
2 answers
886 views

Totaled the car *after* repairs were already made; is this insurance company incompetent or is someone engaged in a scam?

The basic scenario and question My car was "totaled" by my insurance company, but they did so only after repairs were made. They wound up paying the body shop for the repairs, as well as ...
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8 votes
2 answers
444 views

What is my registered address for UK car insurance?

I am about to buy a car and I need to put down my registered address for both the car insurance and VC5 logbook etc. I own a house in City X, and this is where I work and vote etc. However, due to ...
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-1 votes
1 answer
45 views

Journals for credit with suppliers

How would I keep a record of payments with an insurance supplier (Zego if that helps) if they bill on the basis that the account gets topped up with credit, then they deduct from the credit on a pay ...
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2 votes
1 answer
77 views

I have repeatedly asked for no-claims certificate from previous insurer, but have not received, what can I do?

I have been insured with the same car insurance company for three years and this year I decided to find a cheaper insurer, which I did. I am now one month into my policy with the new insurance company ...
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  • 123
5 votes
3 answers
483 views

Auto Insurance in Michigan: What is the need for liability covereage?

I live in Michigan. Recently, state law changed such that we have "no-fault" auto insurance. We still must hold liability of $50,000 per person, $100,000 per accident. Since we are in a &...
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  • 566
18 votes
5 answers
7k views

In the United States, how do you get car insurance (auto liability) which is valid no matter what car you are driving?

Almost all auto insurers I speak with require that I give them the model and make of the car I will be driving. For example: Chevrolet Silverado Honda Civic Subaru Outback Consider if I got in a car ...
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1 vote
2 answers
80 views

What advice do you have for a first-time used car buyer in terms of paperwork and/or legal documents?

My question is about the basic legalities of buying a car in the United States, not anywhere else in the world. I have never bought a car before in my life. I was looking at some used cars for sale on ...
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1 vote
1 answer
252 views

Can you get car insurance without a driving license?

My car insurance is coming up for renewal soon. Me and my girlfriend (EEA foreigner) are insured on our car. I'm totally fine and have no problems, I've always had a standard UK license. My girlfriend ...
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1 vote
2 answers
60 views

Validity of an exchanged foreign driving license

I exchanged my EU driving license (obtained back in 2004) into a UK one in 2015. The UK driving license therefore says 2015 under 'Date of Issue'. I'm in the process of getting quotes for car ...
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2 votes
0 answers
122 views

Turning 30, getting driver's license for the first time, need insurance

This is a bit embarrassing, but I am turning 30 and am just now trying to get a driver's license for the first time. I own my own car, just bought it recently to learn to drive, but I don't have a ...
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1 vote
1 answer
89 views

Why don't insurance companies cover you if you didn't pay the month but still they require you to pay this period?

Why don't insurance companies cover you if you didn't pay the month in advance yet they require you to pay the full month along with interest if you're overdue? If you pay at 10th of the month, then ...
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  • 131
1 vote
1 answer
64 views

1) Paying auto insurance premium yearly vs monthly 2) Paying auto finance loan

I've recently purchased a vehicle and was planning on prepaying my auto insurance for the year up front rather than divided into monthly payments. Should I rather put some of that money to paying ...
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1 vote
0 answers
50 views

Can I expect a prorated reimbursement from an early termination of my auto insurance policy?

If one cancels their insurance policy early during their prepaid coverage period are insurers supposed to credit/reimburse the prorated amount actually utilized of their coverage? I'm looking to ...
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  • 1,291
9 votes
2 answers
5k views

What's the purpose of mileage verification in auto insurance?

I believe it's every year that my auto insurance company has me fill out one of these "mileage verification" letters to submit the mileage of my vehicle that they hold an insurance policy ...
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  • 1,291
3 votes
1 answer
261 views

Totaled car with two insurance policies

I moved out from home to another state and purchased an auto insurance policy in my name for my vehicle, paid for the 6 months upfront. Previously it was insured under my parents' policy. I set the ...
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19 votes
8 answers
14k views

Is it true that car insurance can go up if a member of your family gets a license?

I was told that because I live with a parent, if I were to get a drivers license, their insurance payments would be higher, even if I'm not actually on their insurance. Is that true? How would the ...
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  • 515
8 votes
2 answers
949 views

I wrecked my car and it might be totaled after 2 months of ownership which includes a loan, what happens now?

I started financing a 2011 Toyota Camry LE for $11.6K October 2019. I’m 20 years old and I just got my license in September 2019. I’ve been paying $323 a month for full coverage through the General, ...
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19 votes
14 answers
16k views

I’m 18 years old and want to finance a £30,000 car [duplicate]

I'm 18 years old and I've always wanted an Audi Q5. Currently, I'm working full-time. I earn £28,800 annually and that will be due to go up soon. The car I've had eyes on costs £31,789. The monthly ...
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  • 255
1 vote
1 answer
104 views

Advice/Experiences, Auto Insurance, Florida, 18 years old [closed]

I am in Florida, United States. I have recently bought a reliable (however temporary) 2004 Chevrolet Colorado (rear wheel drive, maroon colored pickup truck). I have done a lot of research but I'm ...
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0 votes
2 answers
172 views

How do I make a State Farm policy change without an agent?

My agent is only available when I'm working. When I call "after hours", I always get in touch with another human who seems helpful, but won't make changes for me. She says I need to speak to the agent....
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0 votes
1 answer
122 views

Vehicle insurance alternatives recognized in other states?

When it comes to financial responsibility laws for vehicle liability, my current understanding is that the state where the vehicle is registered in is the deciding factor for legal compliance with ...
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1 vote
1 answer
189 views

How can I insure a driver who doesn’t live with me but is borrowing my car long term?

My cousin is borrowing one of my cars to get to school and work. He’s 17. He lives less than an hour from me, but in another state. He is insured as a driver on his family’s policy, and the car is ...
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  • 131
0 votes
2 answers
264 views

Car Insurance - Do I need to keep comprehensive insurance after I paid off the loan?

I live in the Bay Area, California. I had to take comprehensive (Liability and Collision) insurance and pay around $500 for six months until I paid off the debt. I recollect that I was required to ...
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  • 11
1 vote
1 answer
392 views

My mother's car was totaled

My mother was in a car accident and died. Her boyfriend's name is on the title and financing of the vehicle. She made all of her payments on the car. Is he entitled to all of the money since the ...
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42 votes
7 answers
6k views

Is insurance company’s preferred auto shop biased?

I was rear-ended. There's a crack on the upper part of my bumper and the plastic part of the trunk locking mechanism is broken (though the trunk still closes). The insurance company was pretty ...
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-1 votes
1 answer
118 views

Registration and insurance for gift car

Our 30-year-old nephew lives with us. He is about to receive a used car as a gift. My wife and I each own a car, and all three of us are listed as insured drivers. Is it best to include his car in ...
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6 votes
2 answers
379 views

What options do you have when the at-fault party's claim adjustor is low-balling you?

United States & New York state here. Although the first few paragraphs might make it seem like a legal question, it is not! It's an insurance question, and more specifically, about how to handle a ...
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0 votes
0 answers
157 views

How to truthfully answer auto insurance questions when you don't know the answer?

When shopping around for car insurance it is important to be truthful, but how do you truthfully answer questions you don't know the answer to? For instance, my current insurer doesn't list claims ...
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5 votes
1 answer
119 views

purpose of uninsured/under insured coverage

If one has comprehensive coverage along with Liability ( Bodily and property), so why does one may need uninsured/under insured coverage for vehicle insurance if he already has Collision.
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  • 588
35 votes
7 answers
10k views

If I have an accident, should I file a claim with my car insurance company?

If I am in an accident that causes no personal injury, but causes damage to both cars that requires new panels (and has a quotation of $3,000 to fix mine)... how do I decide whether to claim against ...
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  • 3,943
1 vote
3 answers
219 views

Car Insurance Renewal Quote Negotiation

So, once again for the sixth time in a row I have ended up switching car insurer at the end of a 6 month policy term. Every time I received a renewal quote from the insurer I was with which was ...
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  • 1,856
7 votes
1 answer
549 views

Accidentally reported a minor accident on my car - what now?

A few days ago I idiotically scraped the side of my car against a concrete column. There was no damage done to the column and no dents on my car, but there is a significant amount of scratches on my ...
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  • 403
-3 votes
1 answer
275 views

How to reduce cost after a car accident at fault and no insurance [closed]

There is an at-fault car without insurance (on suspended license) crashed into another car and caused damage to both cars. No injuries.
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  • 101
2 votes
1 answer
274 views

Is the auto insurance quote I have been provided a rip off?

I just moved to Philadelphia, PA from Houston, TX and wanted to update my auto insurance policy (with Allstate). I gave them a call, and with 1:1 coverage options AND a newly-acquired (ie I did not ...
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  • 2,768
5 votes
3 answers
621 views

UK Car Insurance Auto-renewal issues - premium doubled without reason

I recently received an Auto-renewal on my car insurance from my insurer. And it boggled the mind as it more than doubled the premium. It went from £960 a year to £1950. I caught up on the topic ...
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  • 183
0 votes
2 answers
338 views

dealing with vehicle insurance non-renewal notice

After a recent accident claim was resolved, we received a nonrenewal notice from our insurance company. In the letter it says that our insurer will decline to renew our automobile insurance at the ...
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20 votes
4 answers
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 ...
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  • 201
22 votes
4 answers
14k 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 ...
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  • 471
2 votes
1 answer
198 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 ...
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5 votes
2 answers
420 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 ...
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  • 1,736
-11 votes
1 answer
510 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 ...
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2 votes
1 answer
91 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 ...
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