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The price of a vehicle contributes to higher insurance premiums?
Wiki User
∙ 13y ago
It can, most often it depends on the risk symbol assigned to the vehicle.
Wiki User
∙ 13y ago
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Does the price of a vehicle contribute to higher insurance premiums?
True
Are premiums for Richmond auto insurance higher than in other counties in the state of VA?
No, premiums for auto insurance are not higher because of where you live. Auto insurance rates depend on the type of vehicle you drive, your age, and your driving record. Sometimes they also take your credit rating into consideration.
What type of vehicle models qualify for any kind of discount on insurance?
Generally, smaller family sedans will fetch the cheapest insurance premiums. Sports cars and trucks tend to have higher rates.
Why are musicians banned from car insurance?
They are not. Though many insurance companies charge them higher premiums.
You live in South Africa and you want to know if its possible to buy a car with only a learners licence and what about getting insurance?
To legally buy a vehicle in South Africa, you do need a full driver's license. No insurance company will offer insurance to a learner driver, and once you do have a license, your premiums are higher until you are 25yrs old. To legally buy a vehicle in South Africa, you do need a full driver's license. No insurance company will offer insurance to a learner driver, and once you do have a license, your premiums are higher until you are 25yrs old.
A red car increases insurance?
NO, the color of a vehicle has no bearing on the insurance rate, However research has shown that drivers of red color vehicles do get more traffic tickets. These additional traffic tickets can result in higher insurance premiums.
How do the premiums for The Hartford insurance compare to premiums for other providers?
Buying insurance can be a stressful activity. Comparing premiums is a great start to finding what is the righ company for you. The Hartford has much higher premiums compared to both State Farm and AAA. This is based on car insurance figures.
What are the reasons that car insurance is higher for women drivers?
In the United States, car insurance premiums are typically higher for men. In the the UK, women may soon be seeing â£300 higher premiums based on a court ruling ending gender discrimination in auto insurance.
Will insurance pay if a car is stolen with the keys?
Yes it will but expect higher premiums if you're not cancelled .
Are insurance rates much higher this year than they were last year?
Insurance rates may increase or decrease depending on the driver's track record. Reckless driving leads to higher premiums, just as safe drivers often receive discounts and lower premiums.
It is generally found that premiums for automobile insurance are higher for red cars when compared to cars of other colors Typically to justify these elevated rates the insurance companies will cit?
This is totally untrue. Color has NOTHING to do with your premiums.
Is life insurance provided for homicide detectives?
Yes. If a person has a risky job or hobby that could be life threatening, then the insurance premiums are higher.
