Questions and Answers
Your Questions About New Driver Car Insurance Rates
Will a repair claim resulting from road debris raise my insurance rates?
While driving down the thruway, a broken piece of tile flew up and hit my bumper, breaking the corner of it off. Only the bumper cover was damaged, but replacing it and having it painted to match is expensive, over 750 dollars. A non-matched paint job on an aftermarket bumper would still be over 300 dollars. Is it worth it to file a claim for this, and would my insurance rates go up as a result? My driving record is perfectly clean for 4 years (no accidents or tickets), with only a failure to obey a yield sign and minor fender bender 4 1/2 years ago.
My deductible is 500
I contacted my insurance co and they said if I processed a claim, it would be considered a collision claim, even though I have comprehensive coverage. Does it matter what kind of claim it is (both have the same deductible)?
It depends upon your insurance policy and what kind of coverage you have for damage that is not your fault. When the gate of the parking garage where I live closed on my car as I was exiting, the insurance paid for the damages without my having to pay the deductible. Since I changed carriers before I would have renewed with them, I can’t tell you whether my premium would have increased. But you really should call your insurance provider. They can’t penalize you for asking a question and will know the rules of the company and your policy better than anyone else. Your rates can only be effected if you actually file a claim. BTW, this type of claim should not effect your driving record because you haven’t committed a moving violation – you’d still be eligible for any “good driver” discount they offer.
Yes, it matters. I don’t think your rate should increase because of a comprehesive claim. But a collision claim means that they consider you to have been responsible for the damage. It sounds like your insurance company isn’t going to cut you any slack even though the damage isn’t really your fault. So, if they’d process it as a collision claim, and you’d have to pay the deductible, you should just come out-of-pocket for the damages. In my opinion, it’s not worth possibly having to pay a higher insurance rate for the next couple of years, in order to save $250 (the difference between the more expensive repairs and your deductible) right now.
Best of luck!
Is a 1994 Eagle Talon Esi good for a teen Insurance and Saftey wise?
I am look at an 1994 Eagle Talon and I thinking about buying it. But is it a good car for a teen just for a daily driver? How about the insurance rates will it be high?
No. A 94 has fair crash ratings and mousetrap belts. Airbags never happened in 1Gs.
Would it make sense to use my parents cars once I get my license?
I’m getting my license soon and I was wondering if it would be cheaper to be insured on my parents cars or to get a cheaper car. The problem with my parents cars is they drive a Lexus and a Mercedes so I’m guessing my insurance rates would be pretty high because they are high performance cars. I would imagine that it would be cheaper to just get a cheaper car like a Toyota and be insured on that car. Opinions?
For young drivers, the thing that drives the insurance cost is the liability for running into someone else, causing injury to them or damage to their property. That part has nothing to do with the price of your car. If you get your own car, you’re listed as the primary driver (instead of secondary on your parents’) which makes it even more expensive. It’s expensive either way.
Insurance for teenagers is expensive, regardless. No cheap way around it. The winning argument for you getting driving privileges isn’t that you should get your own car to make it cheaper (it won’t)…….it’d be that you’ll get a job to help contribute to the cost.
What is collision deductible and comprehensive deductible mean?
I’m tryin to look at rates for car insurance and i have no ideal what that stuff mean.
My choices were no deductible, 100, 200, 250, 500, 100, or no coverage. I don’t know any of this stuff.
*1000 not 100
The deductible (Collison and comprehensive) is simply the amount of payment that you have to make in the event of an accident or loss. Typically, the higher you elect to pay, the lower the premiums. If for example, you are hit by another car, from behind and it is clearly the other driver’s fault, with zero deductible, the insurance company will give you the entire amount necessary to repair the car (in their estimation); in the same case, with $100 deductible, you would be responsible for the first $100 of the repair costs, and the same with other amounts.
As a rule of thumb, the younger the driver, the higher deductible is desireable, since younger driver insurance is more costly than that of mature drivers (don’t get me started on THAT one!), and the premium is lower. Male young drivers pay the highest premiums, with female young drivers paying the second highest. I hope I’ve cleared up the problem.
By the bye, GEICO, Allstate, State Farm and all of the major companies usually offer the best coverage; the little guys, while offering lower premiums, also offer less coverage. I’d steer clear of the guys who send insurance coverage via pop-ups on the ‘puter, and the “late night” hucksters who offer to “beat any other company’s coverage or we’ll give you ‘X’ number of dollars”.
does the car insurance charge extra more for adding a teen driver under 18?
i’m 17 now and will be in august
i need to learn driving and get the license in this summer break
i’ve the driving permit
my dad is the only driver in the family’s car insurance plan
so, does the insurance charge more if i’m under 18?
if yes, i’m going to apply it after my birthday
thanx for answers
so i should wait until my birthday, shoudn’t i ?
Its not because you are under 18 that it increases so much, its because you are an inexperienced driver. That means you have had your license less than 3 yrs. So even if you get your license at 18 it will STILL go a lot higher. After you have your license a year, the rate will drop as it will the following 2 yrs also. Even if you were 30 and just got your license you would pay very high rates due to being classified as an inexperienced operator. The sooner you get your license the sooner your 3 yrs will be done and your rates will drop.
what is a estimate for a monthly insurance rate for a 2004 jeep wrangler?
i am looking into buying a 2004 jeep wrangler and i have all the math done on the monthly car payments but i also need to incorperate my monthly insurance rate as well… im 19 with a 3 1/2 year clean drivers record no tickeets and accident free.. any suggestions are well appritiated..
Every company does the math a little differently, giving different weight to different factors. You will need to shop to find the best value for you.
Get the VIN of the car you are interested in insuring (if you don’t own the car yet, the the vehicle identification number of one that is the same year/make/model with the features you want), all your personal information and sit down at a computer, on a phone or with an agent and compare and compare.
Powered by Yahoo! Answers