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Results tagged with car-insurance
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user 17718
related to automobile insurance. There is also a generic insurance tag.
2
votes
Why is auto insurance ridiculously overpriced for those who drive few miles?
One reason is because car insurance is mandated. Mandated insurance means the government is forcing people to purchase it, which also means that everyone must have the opportunity to purchase it at a …
- 47.3k
10
votes
Is it true that car insurance can go up if a member of your family gets a license?
It sounds like you're thinking that if your mom's insurance cost will increase, you're hoping to avoid that increase by getting your own car and your own insurance. Note it may be cheaper to to have y …
- 47.3k
53
votes
Accepted
Auto premium increasing with aging vehicle and no new tickets
I assume this happens to everyone in the US, and I believe the reason is simply due to competition. Here are my data points:
I was with Allstate for 17 years, and the rates were pretty consistent for …
- 47.3k
1
vote
Tax implication for totaled car payout
In general, there are no tax consequences when you receive an insurance payout for a totaled vehicle. The reason for this is that very few cars appreciate in value, so it is generally assumed that the …
- 47.3k
5
votes
I’m 18 years old and want to finance a £30,000 car
From a psychological point of view, the fact that the title of your question ends in an exclamation point tells me that you already know this is a bad idea...
From a financial point of view, as a ver …
- 47.3k