Does your car insurance raise if you have a red car?
No, insurance does not go up by the color of your car. I've talked to an insurance agent in person about it.
Most Insurance companies make their profit by not having to pay for car repairs because of good driving records. Most insurance claims cause insurance companies to pay out money. The only way they can retrieve that cost is to raise the car insurance premium of the insured or raise by a few cents the cost of car insurance spread over many insurers. So, many people do not make unneeded claims to their insurance company if…
Does the new driver of a car have to have insurance the day they get there liceance if there is insurance on the car they are driving?
In this state buying a repossessed vehicle is no different from buying any other vehicle as far as insurance is concerned. The insurance agent checks over the car, takes pictures, checks the odometer, and quotes the rate just like any other used car. Of course if you have one car and you purchase a second car, your insurance goes up.
They really should have their own insurance if it will be a long period of time like a few months. However if they don't, your insurance will cover them if they only think the car was borrowed for a "short" period of time. If the period is long, your insurance company wants you to add them as a driver on your insurance which can raise your rates.
Studies show that police pull over Red cars more than other colors. It may be the illusion of red as being a faster car. I don't think that insurance is higher for color, but may be if you get more tickets with the red car, thus upping your insurance rate. Certain car models that are in demand by young "drifters" and illegal street racers are stolen more and thus may lead to higher insurance too…
If your car was towed and given a parking ticket does it go on your driving record and raise your insurance rates?
What happens if you have auto insurance but no drivers licnese and you get into an accident that is not your fault will the person at fault insurance still take care of the damages to your car?
It depends on many factors. Each insurance company has their own rates. Often times one minor speeding or red light ticket will not cost you any additional premium. If the ticket is for driving under the influence of alcohol or drugs that is probably different. If an accident is involved that is a bigger factor as well.