Auto Insurance FAQs

Posted: Thu Oct 23, 2008 01:36 pm Post Subject:

Hi all,

It seems quite fair since the real figure is determined out of facts concerning our real life risks. They are certainly not based on someone's whims and fantasies. Once you receive a rate from a carrier, it is again your call...whether you'd love to accept it or deny it.

If you think its not acceptable to you, you'd always have the opportunity to try out other carriers.It is quite natural for a prospective consumer to go for shopping with at least 4-5 carriers and then compare the rates offered by them. Only this would give them an idea of the actual worth of risks concerning them. Roddick

Posted: Thu Oct 23, 2008 02:15 pm Post Subject:

We run everything for the quote except MVR (we do that when the customer is pretty certan they will go with us). That is why we stress the importance of being upfront with their driving record. We explain all this up front - not running the MVR until the end, etc.

My main suggestion would be stick with a company who specializes in insurance (Allstate, State Farm, etc). AIG had their fingers in too many places - granted, their auto insurance side is stable, but it's the rest of their greediness that brought the company down - and the insurance fell with it.

Posted: Thu Oct 23, 2008 11:55 pm Post Subject:

I like to use ambest.com to check out insurance companies ratings. Even though the ratings are great today doesn't mean it can or will not change in the future and each driver should check at least twice annual at their insurance company and even more to be safer.

Posted: Fri Oct 24, 2008 10:46 am Post Subject:

The financial health of the insurance companies has become a great concern for the global insurance consumers. We all are worried about what will happen to my money if the insurance company goes bankrupt.

However, its kind of a norm that whenever an insurance company goes bankrupt another insurance company comes forward to its rescue, i.e. the new company will take up the liabilities of your pervious carrier. Hence, you can be rest assured that you may continue receiving the benefits even if your carrier goes out-of-business.

Posted: Tue Jun 01, 2010 07:28 pm Post Subject: auto purchase

If a person has insurance on their autos and acquires another auto over a weekend, is that auto covered on their policy and if so how long do I have to notify my insurance company?

Posted: Tue Jun 01, 2010 09:27 pm Post Subject:

All policys, (that I've read), say, "within thirty days" of the purchase, for a newly acquired auto (or replacement too for that matter)...and the notification must occur while that policy is in force.....BUT there are MANY stipulations, all states/policys are not the same. Look in your policy it will tell you. Every auto policy I've read addresses this specifically, and it will be easy for you to find.

If you'd give us a little more information, we could be of greater assistance. Such as, what is the problem you are experiencing, and what state are you in?

Posted: Wed Jun 02, 2010 07:21 am Post Subject:

The time to notify can be affected by the lack of certain coverages -- the maximum could be as little as 4-14 days. You should always contact your company as soon as humanly possible.

Don't hang yourself out to dry . . . always notify!

Posted: Thu Jul 08, 2010 08:05 pm Post Subject: business insurance

i have social pleasure and domestic insurance but have been stopped for delivering pizza can they take my car and am i still insured

Posted: Thu Jul 08, 2010 08:06 pm Post Subject: business insurance

i have social pleasure and domestic insurance but have been stopped for delivering pizza can they take my car and am i still insured

Posted: Thu Jul 08, 2010 09:54 pm Post Subject:

social pleasure

can they take my car

am i still insured