Reader’s Question: How can I get good vehicle insurance rates? Rachel Kansas City, MO The vehicle insurance rates you’ll get depend on how safe a driver your prospective insurer thinks you are. If they think you present a small amount of risk to them, meaning they don’t think you’re often going to be involved in [...]
Reader’s Question: I was surprised to receive a notice informing me that my insurance carrier made certain changes to my policy. What could be the reason for sudden increase of vehicle insurance rates? Andrew Indianapolis, IN Vehicle insurance rates are affected by a variety of reasons. These reasons have something to do with what you [...]
Reader’s Question: How can I lower down my vehicle insurance rate? My policy is soon to expire and I want to get a cheaper insurance rate on my next policy. Andrew Bakersfield, CA Since you’re due for a policy renewal, I suggest you go insurance shopping first before you agree on signing another contract with [...]
Reader’s Question: I have just moved here in Florida and my tags are still valid here but then I don’t know until when it is still valid and I don’t have vehicle insurance here for already a month. Is there any penalty here in Florida for having no vehicle insurance? Ellie Gainesville, FL You do [...]
Reader’s Question: How do insurance companies compute for vehicle insurance premium? Candy Birmingham AL There are instances when vehicle insurance premium is government mandated. The computation will follow government-drafted regulations but will vary because insurers may put more weight on one factor over another. In most cases though, premium computation differs depending on the company. [...]
Reader’s Question: Where do I get good vehicle insurance information to help me buy the best kind of coverage here in Massachusetts? Carmen Springfield, MA Good question. Undoubtedly, one of the best (if not THE BEST) and most reliable channels to get timely and accurate vehicle insurance information, such as rate quotes and policy offerings, [...]
Reader’s Question: How do I know the factors that insurance companies use in computing for vehicle insurance rates? Andrew Tulsa, OK The best way for you to know what factors insurance companies use in computing for vehicle insurance rates is to ask them directly about it. For sure, they will tell you what factors they [...]