How much they have to pay in car insurance?
Depends on value of the car, where it is located, driver's age, experience, driving record, and in some cases, grades in school for a student. Too many variables to give a single answer. It could be $50 or $500 a month.
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\n. \n Coverage on a Stolen Car \n. \nMost insurance companies will only pay the blue book value of the car at the time that it was stolen. Check the Kelley Blue Book or the National Automobile Dealers Association for approximate values.
Answer . IF your loan contract specifies that you must maintain insurance covering the vehicle, the answer is YES.. Answer . Just an echo of the previous answer, most major lenders require that the vehicle maintain full coverage insurance. It states in your finance agreement that the vehicle …must remain insured or it can be repossessed. (MORE)
There are many factors that determine the rates for car insurance. Far too many to spell out for anyone. Males pay a little more than females. Males reach a full adult rate usually at the age of 30 if single and 25 if married. Females reach the lowest adult rate at the age of 25 if single and at any… age if they are married. Different companies have slightly different rating systems so this is not the same for all companies. Teens usually have their rates go down at 20 or 21 and can get substantial discounts if they are students with a B average (3.0) or if they have taken a 40 hour certified drivers training class. 16-18 year old males rates are the highest and are about 3 to 3.5 times the adult rate and they reduce at different points. The foregoing provides some general guidance that applies in many cases. However, there are other factors that have to be condiered. Some of them include the following: 1. The State in which you live. By and large, insurance rates, from which premiums derive, are regulated by the State(s) in which an insurance company transacts business. The insurance regulatory authority generally takes the position that a rate (the cost of a unit of insurance) may not be excessive, inadequate or unreasonablu discriminatory. This means that the insurance company may not reap a windfall profit, but likewise, it must charge enough to have enough money on hand to pay anticipated claims. "Unreasonably discriminatory" refers to the requirement that risks of a similar type have to be treated similarly. 2. All insurance companies have to have underwriting guidelines that are approved by the regulator. These are the metes and bounds of what they will insure and what they will not. They do not dictate premiums, but they have a bearing because the guidlines may provide that a risk will be insured at a higher, or lower rate than another one. 3. Auto insurance also has different elements: the main ones are liability, collision, no-fault coverage (although the latter may be called something else in some States, and uninsured/underinsured motorist coverage. Although no-fault coveraage is generally a required first-party coverage (it pays a portion of the insured's own medical bills and lost wages), it is pretty standard so the premiums vary less than other coverages. Collision coverage pays for physical damage to one's own car. Unless there is a lien outstanding on the car, the insured can opt to buy it or not. If purchased, it can be bought with various deductibles--the higher the deductible, generally, the lower the premium. Uninsured motorist coverage is a type of first-party insurance. It comes into play if you were in a collision with a person that did not have liability insurance. The coverage applies to bodily injuries that you sustain from the collision and compensates you for them in much the same way as the other person's liability insurance would have if he/she had it. The cost of it depends upon how much you buy. Generally, your insurer has to offer it to you in an amount that is the same as your liability coverage. You may buy more, less, or reject it altogether. (MORE)
A 17 year old will pay around 150 to 200 dollars if they are a maleand around 100 to 125 dollars if they are a female. They willusually have to be added to their parent's policy.
First, your policy will be cancelled. Then, depending on what state you live in, the insurance company reports the cancellation to your Motor Vehicles department. Depending on how efficient they are, either your drivers license or car registration (or both) can be revoked. In some states, law enforc…ement will come to your residence and remove the plates from the vehicle. If you have a lien on the vehicle, you're still paying on it, your lender may impose their own insurance on the vehicle. This is expensive, and does nothing to protect you. It only protects the bank in the event the car gets totaled. In many states, lender-imposed insurance does not meet state standards, so you still get revoked, and still have to pay for the car and the lender-imposed insurance. Then you have to pay the state to get your license/tags back, plus a penalty. You have to pay a large down payment to re-establish normal insurance. In some states, you may be forced to get SR22 insurance, which is up to three time as expensive, before you can get your license back. It's easier and cheaper by far to pay the car insurance bill on time. (MORE)
If you carry full collision and replacement of your vehicle, depending on your insurance company, they will pay the blue book value of the car if it is totaled. That is why it is important not to ever owe more than the car is worth, which is referred to as "being upsidedown."
If you have full coverage they might pay you the lowest market value fo your car. They will deduct your deductable.. Insurance companies are out to make money so they will find the cheapest way out
Typically a first time driver will pay a significant amount more incar insurance. This can be anywhere from $200 to $300.
If you have full coverage they will pay for it. They will pay you what they feel the car was worth and NOT the KBB...i know this, cause the good people at State Farm felt my car was worth a good 3500 less than the KBB and paid me that.
Legal issues such as a minumum of $500 fine. That only goes up if your caught more than once. Possible suspension of driving. Also if your in an accident and it was your fault well that cost is out of your pocket rather than the insurance company.
Insurance is only required to pay fair market value of your car. If the retail value is 8,000 and you owe 12,000 on the vehicle, the insurance company will only cover the 8k. If you take a loan on a car (especially one that depreciates fast) you can get GAP insurance which will cover the difference… of what you owe and what your car is worth. This insurance usually costs betwee 50 and 200.00 (MORE)
If your car is hit by debris from a roof will the homeowner's insurance pay or will your car insurance have to pay?
Depends if it is (1)your roof and your car, (2)your neighbors roof and your car, or (3)your roof and your neighbors car.. 1 - You can't sue yourself so your homeowner's liability is out of the question, if you have comprehensive coverage on your car it will be subject to that deductible and your ca…r insurance will pay.. 2 - Your neighbors homeowner's liability coverage will pay for the damage to your car.. 3 - Your homeowner's liability coverage will pay for damage to their vehicle.. 2 or 3 you may want to get an estimate on how much it will cost to fix your vehicle, having a homeowners claim can seriously impact your ability to qualify for competitive homeowners insurance rates and you should only file claims against your homeowners if it is truly necessary. I would say if the cost to repair the car is under $2500 you should work out an agreement with to pay out of pocket instead of through homeowners, unless you can get a gaurantee in writing from the homeowners insurance saying your rates will not go up due to the claim. Good luck. (MORE)
too much and it varys esspecially if you have a v8 or somthing and they look at your driving record
Yes, if the person that you hit feels that there was not enough payout. Or there injuries where life treating or there injuries are keeping them from ever returning to work or live a normal life.
It depends on what company you are with. Most company's allow you to renew your insurance online. And can pay it by credit card.
Their insurance is suppose to pay if it was their fault. That is right, but you are not insured which is against the law. That is likely to cause the normal procedure to be diffrent. If I was the agent you would get a fine (very large)!! Another answerer says : Look at the OJ Simpso…n case: With enough highly-paid lawyers (or judges), even YOU can get away with murder. (MORE)
In this state, the person who caused the accident is at fault. If the person at fault has insurance then his insurance should fix the other car. Otherwise, in this state, the person at fault owes the money himself to fix the other car. The insurance company will not pay one cent to fix the other car…. (MORE)
You may be able to purchase vehicle rental or replacement coverage, call your agent to see what it would be. It is usually very affordable.
Yes. I paid my car insurance on line. It depends on what type of insurance you're referring to. Health, auto, home, life? If you have health insurance, it is most likely through your work, and in most cases, they take care of the payment. Most auto, home, and life insurance companies have a website …you can access and pay your bills through. Most sites can be found through google.com. The best option would be to call your insurance provider to find out their specific options. (MORE)
You can stop paying car insurance when a) you no longer drive or b) you no longer own a car. You should always have car insurance if you're an active driver because you never know what could happen on the road. Insurance will handle most of your paperwork and deal with repairs, rentals, towing, etc.… (MORE)
usually somewhere between 100$- 300$ a month maybe more or less depending on the company and what package you choose, also if you have had recent accidents or have not passed a drivers ed class then your rates will be higher.
Your deductible only gets paid in the event of a claim. For example, you tap a light pole in the mall parking lot. The pole is ok but your car is damaged. If you have comprehensive coverage on your car, your insurance company will pay a claim to have it repaired. So, you get a body shop who says it …will cost $1,400 to fit it. If your deductible is, say, $500.00, your insurance company cuts a check to the body shop for $900.00 which is the difference between the damage repair bill and the deductible. Thus, you must come up with the $500.00 amount. (MORE)
It is, you should cover any assets that you own in case they are damaged or stolen.
In general, collision or comprehensive coverage do not cover merely cosmetic matters, unless connected to a covered cause of loss. That is, if the car is in a collision and physical damage is sustained, repainting of at least the damaged part the of the car is likely to be covered because it is need…ed to return the car to its pre-collision condition. However, if the repainting is needed due to fading or ordinary wear and tear, it will not be considered to be a covered cause of loss--it is merely a maintenance issue. (MORE)
When applying for auto insurance, the applicant is usually given options as to the frequency of payment of premiums. It can be monthly, quarterly, semiannually, or annually. Frequently, somewhat of a discount is offered for the longer payment durations, as the insurer incurs lower internal costs, su…ch as for billing. (MORE)
Not required in any state. If you live/drive in area where Muslims reside, do not waive uninsured motorist coverage.
Car Insurance Premiums are not calculated based on the policy holders age. Instead, they are calculated based on the make of your car, its current market value, the age of your car, your driving history etc
The answer depends upon the type of insurance involved. 1. Property damage coverage (such as auto and homeowners) have deductibles. A deductible is the amount of money that the insured has to pay toward the cost of repair or replacement before the insurer's liability to pay is triggered. The deduct…ible is specified in the insurance policy. It is also one of the factors that you, the insured, select when application for the policy is made. In general, the greater the deductible, the lower the premium. 2. Health insurance coverage usually also specifies a deductible. This works in essentially the same way as described above. However, heath insurance usually also specifies a "copayment". This is the percentage of every covered expense for which you, the insured are personally liable. Stated otherwise, if the policy has a 20% copayment, the insured pays 20% of the covered expense and the insurer pays the remaining 80%. (MORE)
There are a number of reasons, two of which include: 1. The financial responsibility law of every state requires liability auto insurance as a condition of registration. This ensures that the owner has some minimum level of insurance that will answer to an innocent party if the insured vehicle's dr…iver is negligent (careless) and causes damage to the person or property of the innocent party. 2. If the vehicle is financed, the lender will require collision coverage. This provides a source of money from which the car can be repaired in the event of a collision. The lender is concerned with this because it loaned money based upon the value of the undamaged vehicle. Repair may therefore restore (most) of the value of the repaired car. (MORE)
It is unclear what you are asking, but I will do my best. If you are asking whether you can buy a car with your disability payments (from a private insurer, Social Security Disability, or otherwise), yes. Keep in mind, though that that may leave you short for other needs, but it is business decis…ion for you to make. The payer of the disability benefits has no obligation to buy a car for you under ordinary circumstances. It would be the very odd situation that would require a disability payer to do so. Nonetheless, a private insurer may consider doing so as a means of facilitating your return to work and thereby no longer qualifying for disability. In the long run, it may be cheaper for it to go "out of policy" and do this, than paying benefits for a very long time. The contract controls what you can collect under a private policy; statutes control what you can collect under public sources of disability, such as Social Security Disability. (MORE)
No a car is a car a boat is a boat a golf cart is a golf cart\
Car insurance rates vary widely depending on your driving record, age, credit score, length of time you have had insurance, and location. It's hard to say what the average is with so may variables per person.
Based on my situation, as a part time driver with my mom, dad, and sister for state farm insurance, I pay around $400 every 6 months for liability insurance.
It depends on many factors, like type of car, type of insurance, age, experience, location, garaging, security features, driving history. All of these are taken into account. A new and inexperienced driver is likely to pay more insurance than the value of the vehicle being driven.
The pay needed for new applicants that have signed on with Progressive Car Insurance, or known as Progressive Auto Insurance varies greatly depending on one's situation and reliability.
No, as long as you have let your insurance company know they car is stolen.
If the car will be driven while one is in the army, liability insurance should be maintained on the owner and on the person/people who will be driving it. This insurance is protection against claims by third parties based upon negligence by the driver. Many states hold the owner vicariously liable f…or the negligence of the driver and apply a presumption that the owner gave permission to the driver to use the vehicle. Additionally, physical damage coverage should be maintained on it (collision and comprehensive). These pay for the repair of the vehicle in the event of physical damage to it. If the car is garaged while the owner is in the service, one can take a chance and not maintain physical damage coverage on it. However, keep in mind that if the car is financed, the lender may require that physical damage coverage be maintained until the loan is paid with the lender being named on the policyas a loss payee. The failure to do so may constitute a breach of the loan contract. If the lender learns that physical damage coverage has lapsed, it may purchase "single interest" physical damage coverage and charge the premium to the borrower by adding the premium to the loan balance. The premium for this type of insurance is usually significantly greater than were the insured to have kept physical damage coverage in place as required by the lender. (MORE)
It depends on the location where you live. Other factors, such as type of car, grades and whether you have other types of insurance with the company may make a difference. Generally, a boy would pay in the ballpark of $200 per month.
There is no average cost for any age groups auto insurance. There are far too many factors that go into the calculation of auto insurance premiums to randomly come up with the numbers. In addition to the age of the driver, you have marital status, good student discounts, driver education discounts, …make, model, year, of vehicle, discounts and surcharges for type of vehicle, coverage limits, multi-car discount, use of the vehicle, distance driven daily, physical damage deductibles, and many other factors that have to do with the price. And that is just the car insurance. Read more: http://wiki.answers.com/Q/What_is_the_average_cost_for_a_17_year_olds_car_insurance#ixzz1ywCynMf2 (MORE)
This kind of question is impossible to answer correctly. There are far too many variables that go into the calculations of rating an auto insurance policy. One company I deal with has 44 classes just to classify each driver. Other variables include vehicle, tickets, accidents, claims, prior insuranc…e coverage, married or single, multi-car discount, claim-free discount, zip code territory, credit rating, miles to work, account credit, etc, etc, etc. There are far too many factors to consider to estimate insurance or give someone an average. (MORE)
If you have the proper coverage it will pay with no problem. Your liability insurance will pay for the damage to replace the power pole to the utility company which will demand replacement costs. Your collision coverage will pay for damage to your vehicle. Loss of use coverage will pay for a rental …vehicle while your vehicle is being fixed and if not drivable, it will pay for the rental car from the time of the accident until the vehicle is fixed up to the limit, which is usually 30 days maximum. Towing and labor will pay for your vehicle to be towed from the scene to the body shop or your home. Medical Payments coverage will pay for injuries to yourself and/or any passengers in your vehicle. Work Loss coverage will pay for your time out of work if your injuries require you to miss work up to the limits in the policy. There may be others if included in your policy. These coverages must be chosen by you to be included on your policy and that is if they are offered in your State. (MORE)
Pretty much yes, If your liable for the damage then you have to payfor those damages. If you'd have had your car insurance in place atthe time, it would have paid the bill for you though. Good luck..
Med Pay is a coverage for you and your passengers meant to pay quickly without regard to fault for smaller medical expenses such as emergency room visits. If the person also has health insurance the health coverage will pick up after the Med Pay coverage is exhausted.
That depends on whether you are responsible for an accident and how bad it is. For example, if you hit someone with your vehicle and you are without insurance, you would have to pay for all their medical expenses which could run into the thousands. If you cause a severe disability, you could be pay…ing for the rest of your life to satisfy the judgement against you. Say goodbye to owning a home or a car or anything else of value. The lawyers for the victim will strip you bare and pull the gold fillings from your mouth. So, is it really worth it to drive without insurance? (MORE)
If the truck is a pickup that is used just for personal use and not in any business it can be insured just like any other vehicle on your personal auto policy. If it is over a 3/4 ton truck then it probably will have to be insured on a commercial policy. Talk with your agent about this issue if you …have a larger pickup to pull a camper or the like. (MORE)
Lot's I hope. I don't think you should have a drivers license or be allowed to drive at all with two dui charges. I assume you mean within a short time period. Please clean up your act or stay out of a vehicle.
It can be said that insurance companies pay for cars after a wreck as long as you are fully insured. But when a person does get money from the insurance company it doesn't mean that they are buying it from you. The car will have to be taken to a car junk yard and you can sell it to them.
Kind of an odd question. If you get burned from something on your car, that isn't caused by a mechanical fire , I doubt if your insurance company would pay you anything. Their liability is for accidents and damages done to other cars in traffic accidents. You need to provide more info for a better a…nswer. (MORE)
It is hard to say the best deductible to pay for car insurance since it will vary by person. It depends on how much a person could afford to pay out of pocket if they get into a pocket, and if a person thinks that they would get into accidents often.
Of course not! It wasn't stolen or wrecked, it was takenfrom you for failure to pay on the loan! Be sure to cancel the insurance.