Questions tagged [car-insurance]

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

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10
votes
1answer
7k views

Oh, hail. Totaled car, confused about buy-back options

I have a Toyota 4Runner Limited - V8, 4x4, nav, you name it. During our oh-so-wonderful hail experience last week (I was momentarily knocked our by a softball-sized chunk of the stuff), it received a ...
2
votes
0answers
426 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 ...
1
vote
0answers
153 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 ...
2
votes
2answers
257 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
160 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
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2answers
141 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
2answers
402 views

Do I need Personal Injury Protection if we have great health insurance?

We don't have any maxes on our insurance and our deductibles are not too bad so it seems like carrying personal injury protection on our car insurance is a waste. I want to lower it to the min 20/40k ...
3
votes
1answer
229 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 ...
1
vote
3answers
331 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
2answers
232 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 ...
0
votes
1answer
74 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
221 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 ...
3
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1answer
2k views

Do premiums go up after making an vehicle insurance claim?

Partner had a minor accident in the car. No one was hurt – basically scraped the side of a concrete wall so there are a few small dents and ugly scratches everywhere along the front of my car. I'm ...
2
votes
1answer
89 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 ...
3
votes
1answer
462 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 ...
1
vote
2answers
133 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
152 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
0answers
731 views

Can the legal owner of a vehicle cancel a change of keeper request?

I am the legal owner of a car. I don't posses a Full UK Licence (I have a Provisional) so whilst I was waiting for my test I transferred the car to a friend (V5) which made him the registered keeper. ...
2
votes
1answer
663 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?
148
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15answers
33k views

For very high-net worth individuals, does it make sense to not have insurance?

Various types of insurance (health, car, life) protect you from relatively low probability but very expensive events in life (cancer, serious car accident, etc.) For the average person, it makes sense ...
-1
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1answer
85 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
147 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
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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
318 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
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2answers
142 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 ...
13
votes
3answers
7k views

Why does my car insurance premium go up when I remove my wife?

I was messing around with my car insurance policy to see if I could get my premium to go down a little bit, so I was just curious; How much is my wife making my premium go up? As it stood, my ...
12
votes
1answer
743 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 ...
1
vote
1answer
194 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
2k 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
196 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 ...
2
votes
1answer
689 views

Non-owner car insurance and registration

Given the following scenario for my wife, what should I be watching out for? Specific to the United States - her father, along with his friend, bought a car to give to her, with traditional 72-month ...
1
vote
3answers
3k views

Auto insurance- should I add my girlfriend?

Im shopping around for insurance and have almost decided on Allstate because of the low cost on my two vehicles and renters insurance. My girlfriend and I bought a 2008 Nissan Altima two days ago and ...
4
votes
1answer
691 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 ...
3
votes
1answer
884 views

Can I cash an auto insurance settlement check?

My Fiancée was in an accident where the other driver was 100% at fault, and we had a witness come forward to support our claim. We filed a claim with our insurance, paid our deductible and had the ...
1
vote
0answers
131 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 ...
38
votes
2answers
15k 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
95 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. ...
0
votes
0answers
75 views

Should one get in-state auto insurance if moving out-of-state for a year?

My wife and I currently live in State A. She plans on moving to State B for a year (sad year!) for work reasons. "Her" car is registered in State A. Should she register her car or get auto insurance ...
0
votes
2answers
148 views

Auto insurance on new car

In the market for a new car, looking at my options with Acura TLX. I liked the car and can pay the monthly finance rates but insurance rates seem to be pretty high. I live in Boston, MA and I ...
2
votes
2answers
185 views

What Is The Logic Behind Cheaper 'Fully-Comp' Insurance?

So, I've been window-shopping for car insurance and one thing that really baffles me is how the quotes I get are always cheaper to get Fully Comprehensive cover as opposed to 3rd-Party Only... When I ...
2
votes
2answers
206 views

Why do only motor insurers employ “No Claims Discounts”?

I was looking through my home, business and motor insurance policy and realised that only motor insurers employ "No Claims Discount". I was just wondering why "No Claims Discount" is unique to motor ...
31
votes
6answers
5k views

Auto premium increasing with aging vehicle and no new tickets

I have just received a new auto insurance bill for the next six months for my comprehensive insurance. It is about 8% higher than the previous six months whereas I have had no new moving infractions ...
4
votes
1answer
492 views

Is it cheaper to use car Insurance or pay out of pocket?

My wife recently side swiped a building with our car. We know the building owners and they don't seem to be worried about any damage. A friend in the car body work business suggested it would be ~$...
3
votes
2answers
167 views

Insurance coverage for a difficult to find vehicle

How will a claim and potential lawsuit go for a vehicle which is only booked on Nada at $17k high retail, but would cost $25k - $35k or more to find a replacement in average condition/poor condition? ...
3
votes
1answer
3k views

Car Insurance Bill: Should I pay the minimum amount due or the statement balance?

According to my USAA auto insurance bill: minimum amount due: the lowest amount due for your policy to remain current statement balance: the balance of your billed policy premiums at the time of your ...
5
votes
3answers
930 views

Vehicle in Garage Covered by Auto and Home Owners, Can I claim both?

Theoretical question here, I am just curious. No damage has occurred. if I were to have a Vehicle in a garage attached to the home and the home burned to the ground or was flooded and damaged the ...
3
votes
1answer
4k views

Moving out of state, and car is under parents' names

So I'm currently living in New York, but will be relocating to Atlanta next month for a job. I will be taking the car my parents bought me; it is titled under their names, as is the insurance. What I ...
3
votes
2answers
2k views

How can I find car insurance with 3 major claims on my record?

In short: I have 2 total losses on my record due to city vehicles pulling out in front of me. They were at fault but the insurance companies don't care. My wife has an at fault accident which was a ...
1
vote
4answers
292 views

How to negotiate cheaper car insurance?

I'm a new driver and I've been paying about £70 per month on my insurance which makes sense given my position. I obtained a new quote from the same insurance company and the price was £50 per month. ...