0
If the vehicle has been declared as a "salvage vehicle", an insurance carrier would only want to provide liability insurance (depends also on your driving record). Anything repair/maintenance you do for that vehicle is almost your own risk. The vehicle has been fully paid for a depreciated by a previous insurance carrier.
What else can I help you with?
How do insurance carriers calculate the premiums they charge?
Insurance carriers use credit history reports, and your credit score to calculate the premiums they charge. This type of insurance scoring is a standard practice among the nation's largest insurers.
Does it cost more to insure a salvage vehicle in California?
Yes, insuring a salvage vehicle in California typically costs more than insuring a standard vehicle. This is due to the higher risk associated with salvage titles, which indicate that the vehicle has been damaged and rebuilt. Insurance companies may charge higher premiums or offer limited coverage options for these vehicles, reflecting their diminished value and potential for future issues. Additionally, some insurers may require special policies or additional inspections for salvage vehicles.
Can insurance companies charge for a child who is eighteen but does not drive?
You don't need to have them on car insurance even if he is in the household, if he is not driving your vehicles.
Is it more expensive for teens to get car insurance in Michigan?
It is expensive for a teen to get car insurance anywhere. It would also count for anyone who is a new or inexperienced driver anywhere. They are more likely to get into accidents and insurers charge more the greater the risks.
Do insurance companies have a right to accept or reject you for insurance coverage based on the results of voluntary and confidential genetic testing predicting your future health?
No, insurers are not allowed to discriminate against people who have had genetic testing. The Genetic Information Nondiscrimination Act of 2008 specifically prohibits health insurers from using genetic test results to charge people different rates or to refuse to cover them. The law protects people from discrimination by health insurers and employers on the basis of DNA information.
What is minimum age a minor can be insured?
There are many kinds of insurance. If you are asking about life insurance or health insurance, the minimum age is "at birth." If you are asking about auto insurance, the minimum age is "when they receive their driving permit." Call the insurer the day the permit is issued to have the child added to the parents' policy. I cannot speak to all insurers, but Geico (my insurer) doesn't charge premiums for kids who have driving permits, but does charge when they receive their license.
How could I get a free windshield replacement?
This mainly depends on the state and type of insurance that you have. Some insurance companies waive the deductible for windshields and/or all glass that is in a car. Also, if you live in Florida, Kentucky, Maasachusetts, or South Carolina insurers are required to charge you no deductible to replace your windshield. Discuss this with the insurance your insurance provider and also state laws.
How much does it cost to add a child to auto insurance?
Ther is a great variance among insurers as to their prices and underwriting guidelines for young drivers. You should contact your current insurer and find out what they would charge to add your child as a covered driver Only your insurer will know how much they will charge you. If the price is too high, you can always shop around for another insurance company.
What is insurance loading?
When an insured has availed claim specially in medical insurance, many insurers charge extra premia technically called as loading with the last year's premia amount at the time of renewal. The loading percentage varies according to the amount of claim received by the insured during the preceding year.
Will you get charged for switching your insurance over from your previous car to your new car?
Most insurance companies do not charge you to switch vehicles, but the rates on the new vehicle will be different based on the year/make/model of the vehicle and what coverages you add to the vehicle.
Why don't health insurance companies take pre-existing conditions?
For the same reason that a burning building cannot get a property insurance policy. The health insurers know that a person with a pre-existing condition -- such as diabetes or Crohn's disease -- will have regular, and likely high costs for medical care. They do not want to have customers whose health problems are already high cost. In 2014, however, insurers will not be able to refuse customers or to charge them ore based upon their health conditions.
Does BMW charge a monthly fee for heated seats in their vehicles?
No, BMW does not charge a monthly fee for heated seats in their vehicles.
