Comments on: Car Insurance Pricing, 9ff Porsche Madness, Top Gear …

By: mom2omar

mom2omar — Thu, 04 Sep 2008 14:22:48 +0000

If you have an insurance company that is refusing to allow you to remove an authorized driver from your policy unless you PROVE the authorized driver has insurance elsewhere, it's time to get a new policy in place at another company and then drop your current insurance. That is ridiculous.

If you want to stay with that company for some reason (although I couldn't think of any) you might call your agent and ask why you need to do that, and tell him you will switch if you can't, and see what happens.

By: tommywommybrumneer

tommywommybrumneer — Thu, 04 Sep 2008 08:36:14 +0000

It’s worse in canada, i drive a 2004 civic… A CIVIC and its 3000 a year clean record

By: 74bajista

74bajista — Thu, 04 Sep 2008 02:49:54 +0000

I’m not sure if he’s self-insured. BUT if he did contract an insurance company, it’d be expensive IMO. Like I said, my dad’s an insurance actuary. Just imagine if that garage of his catches fire, and all his cars were in it … yikes.

Cheers

By: css

css — Thu, 04 Sep 2008 02:46:52 +0000

When you rent a car, you have to have full coverage on the care that you own (your personal vehicle) and then that will automatically carry over to the rental. If you do not have full coverage you can add it to your existing policy for the amount of time you'll be renting the car OR just buy the insurance from the rental place. And to answer your other question, no your policy will not cover somebody else's car just because you're driving it. Insurance covers vehicles, NOT people, even if you were in an at fault accident, your friend/relative's insurance would have to cover that loss.

By: mail22

mail22 — Wed, 03 Sep 2008 22:43:12 +0000

I thought Jay Leno is self-insured since he has so many cars, just like police departments.

By: hedonist

hedonist — Wed, 03 Sep 2008 19:46:46 +0000

Every card is different, and the card companies can change their insurance carriers without notice. Most of them give collision damage waiver only. If you have an accident, they will cover repairs over and above the rental company insurance, but they do not cover the cost of a replacement rental for you to drive. Very few of them cover liability. The most complete coverage may be offered by your insurance company, for a lower fee than the waivers offered by the rental companies. In Manitoba, for instance, we sell (to Manitobans) a rental car policy that gives $50 deductible for damage, loss of use coverage, and 5 million dollars liability coverage, and this package can be bought to cover a rented car anywhere in Canada or the US. So, before you rely on your credit card, read the wordings booklet, then talk to you auto insurance agent.

By: Amanda

Amanda — Wed, 03 Sep 2008 17:27:35 +0000

You should qualify for liablity insurance instead of full coverage. The actaul amount of insurance depends on what your car is worth right now, how old it is, your past driving record and your "hi risk" lable will definately have an effect. You'll have to get quoted at a few different places to be sure what company has the lowest rate for you.

By: enigmamonkey92

enigmamonkey92 — Wed, 03 Sep 2008 16:03:21 +0000

928, my apoligies,

By: Aquabug222

Aquabug222 — Wed, 03 Sep 2008 13:56:50 +0000

For auto insurance the most efficient way to get a very good rate is do a policy comparison on auto policies. Make sure that you pick similar options with the same limits, auto type, zip code, etc so that all options are a good comparison.

What I most often recommend is an internet comparison quote at http://www.lowratetoday.com since they have top name insurers and will give many quotes on car insurance polices.

By: True2it

True2it — Wed, 03 Sep 2008 12:47:46 +0000

Was a citation issued at the time of the accident? If not, it won't show up in the MVD. The insurance industry also has something similar to a credit report, called the CLUE report that lists past property and casualty claims made by you. That is used as well in determining your insurability.