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If I understand your question you are asking if auto insurance ever goes down in price. The answer to this is yes though it often seem like it only goes up rather than down. This year I have seen many of my insurance carriers reduce their rates in order to gain market share and because their claims have not been as high for auto insurance as they have been in the past. In the past few years insurance companies have been loosing money on homeowners insurance and doing better on auto insurance. Homeowners insurance has gotten to the point that it is harder to obtain a really great home policy with a good rate. It is also advisable not to make smaller claims on your house insurance for fear of loosing the insurance.
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∙ 10y ago
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What age does car insurance drop for young males?
Car Insurance Rates Drop After Age 25
Can you drop your son from your insurance if he gets convicted of DUI he does not have a car?
You can drop anyone that is listed as a driver on a car you own and pay for insurance on for any reason. Depending on your insurance company this may avoid them raising the premium on that car due to his DUI.
When can you drop collision car insurance for your used car?
Anytime after you have paid off the loan on it.
Can you drop insurance on a car you own if your daughter drives it and has her own policy?
If you registered car, plate is under your name. The second you drop it, insurance will report it to state and you can have your DL suspended. You must have her register car under her name.
Can I drop my adult son from my insurance if he doesn't drive my car?
As long as he will not drive the car or have any other need for you to insure him, yes drop him.
When your car is about to get repossessed do you still need to have car insurance on it or can you just take the vehicle off of your insurance policy?
Daleann, take the car to the lender, get a reciept for the car, then drop the ins. IF it got stolen while in your possession(before repo) your LOSS would be much greater without ins. aS LONG AS THE CAR IS STILL IN YOUR POSSESSION, KEEP THE INSURANCE. ONCE THE CAR IS GONE, DROP THE INSURANCE. iT WILL BE DONE AS SOON AS YOU HANG UP WITH YOUR INSURANCE CARRIER.
Do the laws about car insurance North Carolina say I have to have insurance on my car?
In most states, including North Carolina, you still have to maintain some form of car insurance coverage. If the car is paid off you can drop your policy from full coverage to liability insurance.
Is there car insurance for drivers with dui?
Having a DUI won't make your insurance company drop you most of the time. You will have to pay more, but just getting car insurance with a DUI shouldn't be a problem.
How do you handle a ticket for no car insurance when you have car insurance?
Usually you can just take in proof to court that you had active coverage on the date of loss and they will most likely drop the ticket.
Can towing companies take cash on site to drop your car?
Yes, then you can get reimbursed from AAA or your insurance.
How long should you keep insurance on a car that was repossessed?
IF you plan on getting it back, dont drop it. If you're NOT getting it back, drop ASAP. The lender has coverage. Good answer. If you can't afford to get the car back, drop the insurance. You should not have coverage on the vehicle that is not longer in your possession. Let the lender assume the responsibility. Why pay for something you don't have anymore?
I co signed for my son. He has insurance on the car. I have insurance on my own car through another company. My company is telling me they will drop me. The dealer listed me as buyer.?
Cosigning had nothing to do with insurance but maybe still listing him as a driver on your car or vice-versa may be the problem. Asking for the reason and a remedy from your insurance co would be a good idea.
