Does adding a driver increase your insurance premiums?
by Guest » Thu Jan 15, 2009 12:49 pm
Does your insurance go up if you add a driver to your policy? I was thinking about adding my son..
Total Comments: 23
Posted: Sun Jan 18, 2009 10:20 pm Post Subject:
I seen J ball said that BI is an elective coverage in Florida. Does that mean if the driver hit someone and they did not have BI the other person would not get pain and suffering unless the sued the driver of the car iteself? I was under the assumption every state their was a minimun of BI that had to be carried. Is that wrong?
Posted: Sun Jan 18, 2009 10:35 pm Post Subject:
I am dealing with an elderly gentlemen who recently moved here from florida, I just helped him get his car insurance transferred from Florida to Pennsylvania, there laws are completely different, he said down there you are responsible for your own damage.
He was surprised to hear that here in Pennsylvania, you have your tort laws. His insurance is $56 cheaper her in Pa, he is happy about that.
Posted: Mon Jan 19, 2009 01:12 am Post Subject: insurance
Ok..........I have heard of the 'Tort Law'..... I know I asked this on another thread before (guess I 'missed' the answer.), but, I just don't know what a 'Tort Law' is. Can someone explain this to me, please.
Posted: Mon Jan 19, 2009 11:30 am Post Subject:
I was under the assumption every state their was a minimun of BI that had to be carried. Is that wrong?
Every state BUT Florida :roll:
what a 'Tort Law' is
.legal definition...
Tort law is the name given to a body of law that creates, and provides remedies for, civil wrongs that do not arise out of contractual duties. ...A tort can be intentional -- for example, an angry punch in the nose -- but is far more likely to result from carelessness (called "negligence"), ...
In PA and a couple of other states too i think you can choice to 'keep' your tort rights or give them up...meaning if you give up your tort rights you cannot sue the wrong doer...your rates are cheaper, but if you are seriously injured you've given that right...(IMO NOT a good plan)
Posted: Mon May 18, 2009 11:08 am Post Subject: insurance
Well...........it depends on the OTHER drivers driving recoerd ( I think). I wouldn't add someone who has alot of tickets, DUI's, etc. Just not a good idea. However....of course, this is the OP's decision. Just trying to give advice.
Posted: Mon May 18, 2009 05:28 pm Post Subject:
Yes! I haven't seen anyone add a driver to a policy and see the rates go down. There is a small chance your rates will remain the same. However, you will most likely see and increase. You can comparison shop other companies to see if you can lower your rates with the new driver. Companies vary by as much as $600 per policy and you might see a huge decrease in your rates if you find the right company with the new driver. It is even possible that you could pay less with the new driver added than you are currently paying if you find the right company. To insure the best rates you should get at bare minimum of 10 quotes, I would get 20 quotes if possible. Call local agents and shop online until you find the best rate.
Posted: Mon May 18, 2009 06:11 pm Post Subject: insurance
If the person, that you add, has a good driving record, than your rates ( I would think) would stay the same. A 'new' driver, etc, they may.
Posted: Tue May 19, 2009 01:35 am Post Subject: Usually
What will happen is they will run a driving record on that person. And based on how long they have been driving and how their record looks the rates will adjust accordingly. Some people thing age has to do with the rate NOT TRUE!!!
DRIVING EXPERIENCE!!!
I can write a policy on a 25 year old with 8 years experience and say its $62 per month
If I write a 32 year old with 1 year of expierence then if rated with the same vehicle it would be much higher than $62.
Also most companies take away driving experience if you have a suspensn or a revocation so that can also change the experience which in turn changes the rate.
Hope that helps?!?
Posted: Tue May 19, 2009 02:42 am Post Subject: insurance
SO TRUE!! i work with the Elderly ( for my full time job). One of my 'Clients' is in her 80's and STILL drives. She has a GREAT driving record. ..she pays VERY little for car insurance. It DOES depend on your experience ( I suppose).
Posted: Tue May 19, 2009 07:10 am Post Subject:
she pays VERY little for car insurance. It DOES depend on your experience ( I suppose).
This is another reason why the young drivers are priced high, because they lack in driving experience. People normally associate it with the age but its actually the driving experience which matters.
Now it would be easy to understand why the rates go up so much with the inclusion of a teenage driver.
Posted: Sun Jan 18, 2009 10:20 pm Post Subject:
I seen J ball said that BI is an elective coverage in Florida. Does that mean if the driver hit someone and they did not have BI the other person would not get pain and suffering unless the sued the driver of the car iteself? I was under the assumption every state their was a minimun of BI that had to be carried. Is that wrong?
Posted: Sun Jan 18, 2009 10:35 pm Post Subject:
I am dealing with an elderly gentlemen who recently moved here from florida, I just helped him get his car insurance transferred from Florida to Pennsylvania, there laws are completely different, he said down there you are responsible for your own damage.
He was surprised to hear that here in Pennsylvania, you have your tort laws. His insurance is $56 cheaper her in Pa, he is happy about that.
Posted: Mon Jan 19, 2009 01:12 am Post Subject: insurance
Ok..........I have heard of the 'Tort Law'..... I know I asked this on another thread before (guess I 'missed' the answer.), but, I just don't know what a 'Tort Law' is. Can someone explain this to me, please.
Posted: Mon Jan 19, 2009 11:30 am Post Subject:
I was under the assumption every state their was a minimun of BI that had to be carried. Is that wrong?
Every state BUT Florida :roll:what a 'Tort Law' is
.legal definition...Tort law is the name given to a body of law that creates, and provides remedies for, civil wrongs that do not arise out of contractual duties. ...A tort can be intentional -- for example, an angry punch in the nose -- but is far more likely to result from carelessness (called "negligence"), ...
In PA and a couple of other states too i think you can choice to 'keep' your tort rights or give them up...meaning if you give up your tort rights you cannot sue the wrong doer...your rates are cheaper, but if you are seriously injured you've given that right...(IMO NOT a good plan)Posted: Mon May 18, 2009 11:08 am Post Subject: insurance
Well...........it depends on the OTHER drivers driving recoerd ( I think). I wouldn't add someone who has alot of tickets, DUI's, etc. Just not a good idea. However....of course, this is the OP's decision. Just trying to give advice.
Posted: Mon May 18, 2009 05:28 pm Post Subject:
Yes! I haven't seen anyone add a driver to a policy and see the rates go down. There is a small chance your rates will remain the same. However, you will most likely see and increase. You can comparison shop other companies to see if you can lower your rates with the new driver. Companies vary by as much as $600 per policy and you might see a huge decrease in your rates if you find the right company with the new driver. It is even possible that you could pay less with the new driver added than you are currently paying if you find the right company. To insure the best rates you should get at bare minimum of 10 quotes, I would get 20 quotes if possible. Call local agents and shop online until you find the best rate.
Posted: Mon May 18, 2009 06:11 pm Post Subject: insurance
If the person, that you add, has a good driving record, than your rates ( I would think) would stay the same. A 'new' driver, etc, they may.
Posted: Tue May 19, 2009 01:35 am Post Subject: Usually
What will happen is they will run a driving record on that person. And based on how long they have been driving and how their record looks the rates will adjust accordingly. Some people thing age has to do with the rate NOT TRUE!!!
DRIVING EXPERIENCE!!!
I can write a policy on a 25 year old with 8 years experience and say its $62 per month
If I write a 32 year old with 1 year of expierence then if rated with the same vehicle it would be much higher than $62.
Also most companies take away driving experience if you have a suspensn or a revocation so that can also change the experience which in turn changes the rate.
Hope that helps?!?
Posted: Tue May 19, 2009 02:42 am Post Subject: insurance
SO TRUE!! i work with the Elderly ( for my full time job). One of my 'Clients' is in her 80's and STILL drives. She has a GREAT driving record. ..she pays VERY little for car insurance. It DOES depend on your experience ( I suppose).
Posted: Tue May 19, 2009 07:10 am Post Subject:
she pays VERY little for car insurance. It DOES depend on your experience ( I suppose).
This is another reason why the young drivers are priced high, because they lack in driving experience. People normally associate it with the age but its actually the driving experience which matters.
Now it would be easy to understand why the rates go up so much with the inclusion of a teenage driver.
Add your comment