Car insurance?

Question:
I heard that you will pay less for auto insurance if you have your license and a clean record even when you nor our family memeber have a car. IS that ture? I mean like you didnt buy a car or insurance when you first get ur license.

Answers:

I hit something on the freeway and it cracked my bumper. would this be a comp or collision claim?

I seriously doubt this is true. Premiums are based upon risk and part of that risk is if you've had insurance before-if you haven't had insurance whether your own or listed on someone's policy this is counted against you. Yes your driving record and the length you've had your license is also considered, however, there is no guarantee of what your rate will be until you get quotes based upon your information.

If you are really rich do you need insurance?

I'm not sure if that is true. Auto insurance is based on age experience and area where you live in as well as type of car. Of course your history will affect it but it doesn't make a huge impact.