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What is a down payment on car insurance and how does it affect my overall premium cost?
A down payment on car insurance is an initial payment made when purchasing a policy. It is typically a percentage of the total premium cost. The down payment affects your overall premium cost by reducing the amount you owe upfront, but it does not impact the total cost of the policy.
What else can I help you with?
How does a cheaper insurance on my mortgage affect my escrow?
It would result in a slightly lower payment.
How does an escrow increase affect my mortgage payment?
An escrow increase can affect your mortgage payment by causing it to go up. This is because an escrow account is used to pay for property taxes and homeowners insurance, and if these costs increase, your monthly payment will also increase to cover the higher expenses.
How much is life ensurence?
That depends on a lot of factors, especially things that affect your expected life span. Your age, gender, health and lifestyle will all affect your premium. There is also a big difference between the cost for term insurance and whole life insurance.
What life insurance policy allows you to skip premium payments?
A life insurance policy that allows you to skip premium payments is typically a whole life insurance policy with a cash value component. Policyholders can utilize the cash value to cover premiums through a feature known as "premium offset" or by taking a policy loan against the cash value. However, it's important to note that skipping premium payments may reduce the death benefit or affect the policy's cash value. Always consult with a financial advisor or insurance agent to understand the implications of this option.
Can you use your cash valve to pay for premiums on a whole life ins?
Yes, you can use the cash value from a whole life insurance policy to pay for the premiums. Policyholders can withdraw or borrow against the cash value to cover premium payments if they choose. However, it's important to consider the implications, as borrowing against the cash value can affect the death benefit and the policy's overall performance. Always consult with a financial advisor or insurance agent before making such decisions.
If I get a traffic violations does it affect someones insurance?
It can affect: 1. Your insurance premium (for your own vehicle, or your parents vehicle if you are on their policy. 2. Your employers insurance premium (if you drive for work) It will NOT affect: 1. Your friend's premium, unless you are scheduled as a driver on the policy
How will disobeying a traffic signal affect insurance rates in Illinois?
It will make your insurance premium go up..
Does the distance from a fire hydrant affect the insurance premium?
not realy i dont under stand why
If you put a new roof on your home does your insurance premium go down?
No. Doesn't affect it at all.
How does a cheaper insurance on my mortgage affect my escrow?
It would result in a slightly lower payment.
If you are driving a friend's car and have a minor collision does this affect his insurance premium since you are not included in the insurance plan?
Yes. If a claim is made and found valid, his insurance rates will probably increase. It depends on the past history of the insured of how much the premium will rise.
If you was on your dads insurance as a named driver does in affect their premium if you have an accident?
Yes, the general idea of insurance is that your rates go up when you cause an accident and they are forced to pay out.
How does switching off a life-support machine for a terminally ill patient affect payment of life insurance?
I wasn't aware it had any affect.
How will a ticket for running a red light affect your insurance premium in California?
same question for Florida. Guys, no one has a hint?
How does an escrow increase affect my mortgage payment?
An escrow increase can affect your mortgage payment by causing it to go up. This is because an escrow account is used to pay for property taxes and homeowners insurance, and if these costs increase, your monthly payment will also increase to cover the higher expenses.
Does cell phone use while driving in NY affect insurance premium?
it is against the law, so if you are caught you will be fined and the consequenses that follow.
Does paying insurance expense affect balance sheet?
Payment of insurance expense affects the balance sheet as it reduces the cash or bank balance which is part of balance sheet as well.
