Does anyone else feel that they are being taken advantage of when it comes to car insurance companies??

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Car insurance companies?

Regarding what? They not "giving you what you want" and abiding by the terms of the policy as well as the law? Or in terms of taking your money and closing their doors never to be heard from again?

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Is it possiable for a person with a disability to purchace a car ad no have a driver license in nj?j?

Do you mean the mandatory insurance you have to pay to cover everyone else but yourself? Or do you mean the raw cost, paying $75/mo with a good driving record, married, over 25, to cover a vehicle thats worth $1200 to them... Legalized theft? Funny you dont have to cover your own.

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I got into a car accident. My license was suspended. what will happen?

Before I go on my rant you should know,as an insurance agent, I'm biased.
I also have this conversation with my friends regularly.

If your caught driving without the insurance card, do you 30 days to produce the card before you are fine?

For this example I'll use a real policy I wrote today. They own a 1998 Ford Explorer (valued at $5,990) and have no tickets or accidents. The coverages they have are $100,000/$300,000 liability, $100,000 property damage and $500 deductibles for comp. and coll. This means the insurance company has just agreed to pay as much as $405,490 on any given accident they may have. Their rate was around $125/ mo. That means in order for the insurance company to charge more than they are insuring, it would take 3,244 months or 270 yrs at their current premium!
Now the odds of someone using every dollar they are insured for is extremely unlikely, but even if they used 1/4 of it on a single, bad accident ($101,372.50) it would still take 811 months or 67.5 yrs. for the insurance company to break even on the loss.

I am 16 and my driver permit has expired do I have to re-take the test again in Tenn.?

It's not easy to pay for something you never use, but it's important to understand that one accident could make your lifetime of insurance payments worth while.

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No drivers license ,still need auto insurance can i still get insured?

Of course! Insurance companies are in the enviable position of selling a product that state law REQUIRES you to purchase. They are in a perfect position to take advantage of their customers. Furthermore, the insurance industry has one of the most powerful lobbies in Washington and in every statehouse in this country. In Texas, for instance, the Supreme Court (elected, politicians) recently curtailed policyholders' rights with regard to 'bad faith' claims against insurers. In addition, insurance companies lobby in favor of tort reform provisions, whining about "frivolous" lawsuits driving up insurance costs. Then, when tort reform legislation passes, do you think the insurance companies lower their premiums in exchange for chopping away at YOUR rights? Of course not.

Is there a time limit on reporting an accident where police were not called?

Insurance companies are for-profit corporations. OF COURSE they're going to manipulate and take advantage of their customers - that is what for-profit corporations do. In case you haven't noticed, we live in a corporate oligarchy.

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