Compare Senior Auto Insurance Rates
Reader’s Question:
Is it true that getting auto insurance for a 55-year-old person is more expensive as compared if you are only around 35 years old? I heard this from a friend. What does age has to do with auto insurance rate? Can you explain this? I am from Manchester, New Hampshire.
Dave
Manchester, NH
Every auto insurance company differs from each other. They have their own guidelines in setting auto insurance rate for a particular person.
Some car insurance companies do consider a person who is 55 years old as a safe age. Meaning a person from that age group still poses a lower risk to be insured. Thus, it is still inexpensive to insure a person from that age range. However, some auto insurance companies believe that a person who is 55 years old or above poses higher risk. That is because some auto insurance companies believe that a person’s ability to drive safely decreases as a person ages.
I would suggest asking your auto insurance agent about how age affects a person’s auto insurance rate in Manchester, New Hampshire. Also, bear in mind that auto insurance rate is not based in age alone. There are a lot of factors that insurers consider and one of them is driving record. I would suggest keeping a clean driving record at all times is one sure way of saving on your car insurance premium.
Buy Cheap Good Driver Car Insurance in Arizona
Reader’s Question:
I am just curious. I am about to get auto insurance. I heard from a friend who just purchased his car insurance that auto insurance companies take a look at a person’s credit history with or without a person’s permission. Is that true? Is that being practiced here where I live? By the way, I am from Chandler, Arizona.
Abigail
Chandler, AZ
I’ve read something about your question. And yes, your friend is definitely correct.
According to the federal Fair Credit reporting ACT (FCRA), with or without a person’s permission, insurers are allowed to dig into a person’s credit information. However, insurers (in your case car insurance companies) must inform a person that they are going to collect credit information. Also, they must notify you that you have the right to access said information and have inaccurate information (if any) to be corrected.
I hope I was able to help you with this. Bear in mind that credit history is one the factors that affect car insurance premium. The better your credit history is the higher the chance of getting lower insurance rate. If you are shopping for car insurance rates in Chandler, Arizona you can seek the help of a car insurance agent or use the websites.
When Can My Auto Insurance Company Cancel My Policy?
Reader’s Question:
My girlfriend just purchased auto insurance for her new car. I don’t have a car and obviously neither do I have car insurance. We are just wondering on how car insurance stuff works here in West Allis, Wisconsin. Can her car insurance company just cancel her policy anytime they want? Or is there such thing as grace period before auto insurance policy can be cancelled by the insurance company itself?
Orion
West Allis, WI
Hello there Orion!
I’ve checked with Wisconsin Office of the Commissioner of Insurance (OCI) about your question and I learned that car insurance companies can cancel their policyholder’s auto insurance policy provided that said coverage has been in effect within the 60 days. If an insurer chose to cancel the policy within the mentioned period then they are not required to give out explanation about the cancellation. Other reasons wherein a policy can be cancelled is when a policyholder failed to make a payment for the premium on the due date, fraudulent activities done by the policyholder himself/herself when availing of the policy or when making the claim, or major changes on the characteristics of the insurer.
However, for a car insurance policy to be cancelled, insurer is required to notify through writing the policyholder not less than 10 days before the effective date of cancellation or else said cancellation will not be processed.
If you have any questions about car insurance termination you can ask your car insurance agent in West Allis, Wisconsin or even the Wisconsin OCI.
Cheap Non Owners Insurance Policy
Reader’s Question:
Hi, I have a friend who recently got a job here in Sarasota, Florida, and she needs a car to drive to and from work. The problem is they only have one car, and her husband uses it. I was thinking of lending her my car. If something happens while she’s driving, is my auto insurance going to pay for the damages?
Beth
Sarasota, FL
Hi, Beth! To answer your question–As long as she has your permission to drive your car, yes, your car insurance company is going to pay. It doesn’t mean that she has to get your permission every time she uses it–it’s just that you should be able to say that you actually lent her your car. I think, though, that it’s a different thing if she uses your car more than you do. Technically speaking, a car insurance policy is associated with the car itself. However, car insurance companies take note of who the primary driver of the car is also.
One thing you can do is to call your car insurance company in Sarasota, Florida and have your friend added to your insurance policy. If they find out that your friend is the primary driver, and not you, they may say that you have given them false information and not pay. Another thing you can do, and this is better, I think, is to ask your friend to get a non-owner’s policy. This type of insurance covers any car she may drive. But if she gets into an accident using your car, your insurance is who’s going to pay first, and then your friend’s policy will cover the excess amount that isn’t covered by yours.
Hybrid Car Insurance Discounts ?
Reader’s Question:
I’m thinking of switching to a hybrid car and I heard that discounts are being offered by car insurance companies for hybrid car owners in Los Angeles CA, is this true?
Dustin
Los Angeles CA
Basically, a hybrid electric vehicle (HEV) combines an internal combustion engine and an electric motor powered by batteries. This technology merges the best features of today’s combustion engine cars and electric vehicles. The combination allows the electric motor and batteries to help the conventional engine to operate more efficiently which in effect cuts down fuel use.
The main reason why discount is being given to hybrid car owners is that a research indicates that hybrid car owners tend to fall into the preferred insured category. Car insurance is an assessment of risk; the lower the risk you represent to the car insurance company the lower the premiums they will charge. This is because you are treated as a customer who will potentially be less costly than one who is more likely to make a claim. The discount may not be available in all states and is subject to individual eligibility so contact your Los Angeles CA agent or insurance company to further discuss details about getting a hybrid car insurance.
Even if the market price for cars is steep, the fuel that you save along with incentives like tax breaks do make a hybrid a good and sensible choice. But still, before you say “yes” to a hybrid car, you must do in depth research. Know the pros and cons by talking to manufacturers and owners of hybrid cars.
Good Driver Auto Insurance Discounts In Boston Mass?
Reader’s Question:
Does change in civil status make insurance rates cheaper? If I get married will I be able to save money on my car insurance in Boston, Massachusetts?
Cole
Boston, MA
Most car insurance companies offer a variety of discounts that can save you money on premiums. However, all the discounts that a particular company might offer may not be available in every state. There are many factors that are being considered by car insurance company for you to be eligible for discounts and there are factors that can also affect your car insurance rates. Once of the factors considered is your marital status. Married people tends to be more experienced, responsible and more stable. So it might be possible to save money on your auto insurance premiums in Boston, Massachusetts if you get married. If both of you have good driving records, it could even help with the insurance rates. Generally, insurance companies find that married couples are safer than single individuals.
In Massachusetts, the Division of Insurance lists a 5% discount can be applied to the premium paid for compulsory coverage and, if selected, optional coverages if a married couple own two or more vehicles insured by the same car insurance company, generally known as a multi-car discount. However, if your fiancé has a bad driving record, you can expect it to affect your insurance premium after you get married. Your car insurance policy covers you, your spouse, any other individual insured under your policy, and any licensed driver in your household. If any of those people have a poor driving record, it will surely affect your rates.
I Need Very Cheap Auto Insurance in New York
Reader’s Question:
Does New York state law allow married couples to have separate auto insurance policies?
Brooke
Yonkers, NY
It is your option to have separate auto insurance policies, but most of the time; it is cheaper to be on the same policy. A New York insurance company will ask questions of you being married or if there are other licensed operators in your household as a basis in calculating your premium rates.
If you and your spouse have separate auto insurance coverage, you may want to do a cost/benefit analysis of each plan to see if you should continue to keep your auto coverage separate. For example, if your spouse’s auto insurance policy has a higher deductible and/or co-payments or fewer benefits than those offered by your plan, he or she may want to join your auto insurance plan instead. You may also want to compare the rate for one family plan against the cost of two single plans.
It is also advisable for you to examine your auto insurance coverage too. If you and your spouse own separate cars, consider pooling your auto insurance policies with one company. Many car insurance companies will give you a discount if you insure more than one car with them. If one of you has a poor driving record, make sure that changing companies won’t mean paying a higher premium.
Cheap Senior Car Insurance Rate Quotes
Reader question:
I’m reaching retirement age and I know that means that there will be some changes on my auto insurance policy. Can you give me a hint as to what I have coming?
Gilbert
Great question, Gilbert.
Whenever you get to that point where it is time to retire, you reach the point of your car insurance history where you will have the lowest rates ever. This starts when you turn fifty and officially become a part of the car insurance industry’s lowest risk group, those who aren’t quit middle aged but aren’t quite seniors. It will last until you reach sixty five, generally, so enjoy it while you can.
Now that you are of this age, it is true that there are some changes that can be made, and not just in the initial rates. If you are around fifty five, you will be open to discounts marketed specifically for seniors, and as a retired person, you will probably be able to get some kind of car insurance discount through the American Association for Retired People, or AARP. Most car insurance companies will do whatever trey can to help you get better rates, because you are part of their favorite risk group.
If you have a long history of safe driving, you can get extra discounts for this, and you might want to consider taking a defensive driving course through AARP. If you take a course, you could get as much as a fifteen percent discount with some companies, and it couldn’t heart to remind yourself a bit. Another good way to go is to make sure you are doing well healthily. You are reaching the years in which the health states to decline, and getting regular eye and medical exams can help keep car insurance companies confident that you are road safe.
As soon as you turn seventy, though, your rates go up again because of failing health and the statistically greater amount of accidents in this age group. Save your money while you can.
Cheers,
Fashun Guadarrama.
Very Cheap No Fault Florida Car Insurance Rate Quotes
Florida has had a history of murky car insurance provisions for a while. In the eighties, lack of oversight and enforcement lead to about one out of every tree cars driving in Florida being without car insurance, and in some highly populated areas, such as Miami, the numbers were as great as two out of three. This all changed when the no fault Florida car insurance laws were introduced, required every Florida resident with a vehicle registered in the state to carry personal injury protection coverage, as well as allowing cops to ask for insurance when drivers were stopped and required that car insurance companies tell the DMV when a car insurance policy is dropped, cancelled, or not renewed.
But on the first of October this year, that all might change. The no fault insurance law is sun-setting this year, and the legislature is showing no signs in being interested in renewing it. This is despite the fact that the sunset of this law will mean that checking car insurance for traffic stops and notification for dropped policies will no longer be required, making it particularly difficult for the DMV to locate people who do not have insurance and punish them.
The punishment component will still exist, with a possible $600 fine and two months in jail for anybody caught without insurance. However, the only ways to be caught without insurance are to either get into a car accident or get our car registered.
Many people think that this will lead to another rise in uninsured drivers. People, they say, can just get insured one day, go get registered, and then cancel their car insurance policy to get a refund the next. As for car accidents, the heavy penalties for lack of insurance are likely to create a higher incidence of hit and runs from uninsured motorist scared of the consequences.
Cheers,
Fashun Guadarrama.
Will a Speeding Ticket Affect My Car Insurance Rate?
Reader question:
What happens to my car insurance rates if I get a speeding ticket?
Joe
Fantastic question.
There is a high likelihood that nothing at all will happen, because yolur car insurance company might not even find out. Car insurance companies learn about things like DUIs and speeding tickets whenever you first sign on board as a policy holder, and then once you have stared with them they check your motor vehicle report about once every three years to see what’s been going on. If you get your speeding ticket right after you sign on, then they might never even know, since most tickets drop off after three years.
However, even if they do know, in many cases they won’t raise your car insurance rates anyway. This depends mostly on whether or not the speeding ticket that you got was your first one. Like with at fault accident, most car insurance companies are willing to offer you forgiveness for your first serious moving violation without it affecting anything such as your rates or your safe driver discount. It’s also true that in many states the car insurance companies are required to let your first speeding ticket go by law.
Cheers,
Fashun Guadarrama.
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