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Question about insurance and car loans?
The only difference between having a vehicle paid for or not is that you no longer have a lender insisting you have full coverage on the car to protect them, but you really should keep it at that level to protect yourself. Other than that, what makes you think it will, or even should go down? As your vehicle gets older it will drop in value, and that might make your insurance drop, but to be honest I've never seen a drop in rates, for the most part they go up a little every year due to 'inflation' of the marketplace.Simple answer: No, and no.
can you buy car insurance before you buy a car?
If you own your car free and clear the only way I know that the insurance would go down would be if you dropped the full coverage required by the bank and go with the state required minimum ("liability") and that usually protects you from damage that you cause to others, but not your own car.Unless - you willing to take own risks, by covering and pays less premium, *pay less-sum insured less*
Does car insurance pay out on behalf of the driver if they crash and injur another person?
Just because you've paid off your car doesn't change it's make and model and your driving history. Most car insurance companies are going to look at a variety of things, such as your credit rating, driving history, and prior claims history. One thing you can do when you do pay your vehicle off would be to switch to liability only, but that's not advisable when you have a newer car, which should have full coverage.DRUNK DRIVER!...should I SUE her?
Nope.Compulsory insurance for renting a car?
When there is a lien on your vehicle from an unpaid loan, all this means for the insurance folks is that they pay the lender first. Once you get the title, you get the full proceeds of the insurance.
Can i apply for an irish driving licence while i live in n.ireland.?
not unless u call ins guy/gal and change your insurance...ie higher deduction or thke off collusion.what year were paper driving licences banished uk?
No not automatically. If you are willing to pay the same exorbanent fees as before they will happlily accept it! The perogitve here is yours, -- first of all you can raise (or drop) the deductable (that helps a little), and you can even drop comprehensive, fire etc. - which will cut it way down! However if you just carry "liability" insurance, -- if you wreck the car (and it is not somebody els'es fault), you do not get any money to replace it or repair it!UK Road Tax switches from one month to the next on what date?
I am of the old schooll (started driving in 1952)- I have always used the "100% down - no easy payments plan",- the older used cars I drive usually can be replaced with the amount of money I didn't spend on comprhensive etc to insure them! For instance I hit a deer with wifes car two weeks ago ( first deer I have hit in my life), -- I collect no insurance - on it! However I paid $1,600 for it 4 years ago, -"total coverage" with $1,000 deductable, - costs about $1,200 a year, - as opposed to $480 for "minimum liability" (required by Texas State law), -- now lets see $800 X 4 years, = $3,200. I could have bought and paid for two of these cars in that time! The damage on the car (according to body shop estimate is $1,200), -However the car is still driveable, I got a headlight at the junkyard, and streighrtened the hood up enough that it will open and close, and got fender bent back out to approximate shape, and am still driving the car! Maybe next year I will sell it to my grandson (new driver) and let him wreck it the rest of the way! Since new drivers have to learn what not to do with cars! This one happens to be big enough and strong enough to survive hitting a deer at 50mph, -- maybe it will keep him alive too! Anyway, - when we get ready to make a "long trip somewhere", - we will just get another "good car" We live in country, and there are a lot of deer circulating in fall, - so maybe it will survive a couple more before it is totally "gone!"
were can i get an auto insurance quote for cars PRE 1981?
Only if you delete some coverage. If there are no longer any liens on your vehicle (no longer financed), you can reduce your insurance coverage to liability only. If you are interested in doing this, you will need to contact your insurance agency and request to change your coverage. In most cases, the finance company does NOT notify your insurance that a lien is paid, so if you don't tell us, we don't know!! Even if you plan to keep full coverage, you should tell your agent the vehicle is paid off so they can delete the finance company's name from your policy. This will save a lot of headache in how to issue a claims check if the vehicle were ever to be in an accident later on.Can u get fined for having your inspection and registration sticker side by side?
The cost of your insurance is not related to the ownership of your car. Factors that affect your price are:1 - The age of your vehicle (older vehicles are worth less $, generally)
2 - The cost of replacement parts for it
3 - Your driving record
4 - The level of deductible you carry on your physical damage coverage (higher deductible = lower insurance cost). You should carry a level you feel comfortable with. I carry $500 Comprehensive & $1,000 collision on my vehicles.
5 - The amount of liability limit you carry - the higher the limit, the more it will cost you.
6 - Any special modifications you've made to the vehicle.
We are gettomg Renters, Car, and motor cycle insurance?
There's no connection whatsoever between having a lienholder and higher rates. That has no effect. If your car is paid off, you can drop comprehensive and collision coverage which would, naturally, lower your premium.Can anyone Recommend a cheap B&B in the Brecon area?
no, you still have the same coverage, only difference now is if there was a wreck, the insurance company would pay you instead of the bank or finance companyto reduce your rates you would have to drop some of your coverage
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