Is Getting Into An Accident With A More Expensive Car Worse Than With A Cheaper Car? (Insurance Rate)?
Oct 09, 2007 by hukech | Posted in Insurance & Registration
Is getting into an mistake with a more expensive car (Mercedes Benz or Ferrari) worse than getting into an casualty with a cheaper car (Honda civic or toyota corolla) in terms of your insurance rate increasing? (prearranged that you are at fault)
it depends what car is safer for the people backwards the car. chances are the civic will crumble more than a 'stiffer' benz meaning that more invoice is done to the civic and more people have medical bills. insurance agents look at the whole idea if a 16 year old does a total of 20k in damage (property mutilation and medical bills) and a 40 year old does 80k in damage chances are the 16 year olds rates will distend more, they have not 'proven' them selfs as drivers yet and now they look like a higher chance driving for one year and have already had an accidents vs driving for 20 years and has only had 1 luck in 7 years.
it depends what car is safer for the people propitious the car. chances are the civic will crumble more than a 'stiffer' benz meaning that more destruction is done to the civic and more people have medical bills. insurance agents look at the whole portray if a 16 year old does a total of 20k in damage (property ruin and medical bills) and a 40 year old does 80k in damage chances are the 16 year olds rates will bourgeon more, they have not 'proven' them selfs as drivers yet and now they look like a higher gamble driving for one year and have already had an accidents vs driving for 20 years and has only had 1 non-essential in 7 years.
ME2029 | Oct 09, 2007
in respects to your worth increasing after the fact no it does not matter what type of vehicle you are in when the non-essential happens. However it does matter what you are insuring after the accident happens and what benevolent of coverages you have at that point.
rp | Oct 09, 2007
What Kind Of Car Would Have Cheaper Car Insurance?
Apr 17, 2008 by a7xoholic | Posted in Insurance & Registration
I requisite to buy a car I have $10 000 and I woult like to purchase a car that would be good on gas, and have a cheaper insurance, any suggestions and quotes?
what's an IRA
I'm Canadian.
Non-specifically speaking, larger cars are safer,
and, thus, generally speaking, impel cheaper insurance rates.
However, it also depends on your age,
how you use the car,
where you live,
how many tickets or accidents you have, etc.
Since you asked "What is an IRA?",
you are either not a US inhabitant,
or you are a US citizen who is totally unfamiliar
with "Individual Retirement Accounts"
(look it up using your favorite search apparatus).
If the latter, respectfully, you might be wise
putting off such a large purchase,
in favor of frugal your presumably
hard-earned money for a rainy day
(for the record,
with the value of gas continuing to climb skyward,
NO car is "good on gas",
and you're not prevailing to get a decent vehicle for $10,000!).
In lieu of the above friendly advice,
consult a consumer orient at your local library or bookstore,
or ask your (or your parents') insurer,
who will give you all the info you necessary,
at no charge and no obligation to purchase anything
(you might want to bring a friend or well-spring with you,
to avoid being pressured into signing anything).
Any inadequate, used, import, like a Toyota or Honda.
CV | Apr 17, 2008
a soap box derby racer
Rich R | Apr 17, 2008
Buy a 10 year old Honda, put onus only on it and put the rest in an IRA.
Ray K | Apr 17, 2008
4 cylinder
sedan
acclimatized most likely pre- 2004
and unlike the first comment not an import but instead a domestic archetype. GM, Ford, etc. get cheaper insurance rates than hondas and toyotas.
sxyxtxaxkxw | Apr 17, 2008
Habitually speaking, larger cars are safer,
and, thus, generally speaking, transmit cheaper insurance rates.
However, it also depends on your age,
how you use the car,
where you live,
how many tickets or accidents you have, etc.
Since you asked "What is an IRA?",
you are either not a US inhabitant,
or you are a US citizen who is totally unfamiliar
with "Individual Retirement Accounts"
(look it up using your favorite search machine).
If the latter, respectfully, you might be wise
putting off such a large purchase,
in favor of cache your presumably
hard-earned money for a rainy day
(for the record,
with the fee of gas continuing to climb skyward,
NO car is "good on gas",
and you're not affluent to get a decent vehicle for $10,000!).
In lieu of the above friendly advice,
consult a consumer sway at your local library or bookstore,
or ask your (or your parents') insurer,
who will give you all the info you deprivation,
at no charge and no obligation to purchase anything
(you might want to bring a friend or root with you,
to avoid being pressured into signing anything).
skaizun | Apr 17, 2008
Is It Cheaper Insurance For You To Be A Named Driver If Your Parent Owns The Car?
Mar 10, 2009 by JadeMills, x | Posted in Insurance & Registration
Im 17, a boy and i want for twopence car insurance, is that a better way to get it?
you can add a name to an existing ways if that person occasionally drives the car. its designed for those odd occasions when say a child may driveway the car occcasionally when the normal (named) driver is unable to drive.
however you cannot insure the car, say, in you parents name if you are present to be the primary driver. if you do and the insurers find out, and their is a claim they will attempt to strike out the insurance as valetudinarian.
No way - as a new driver, it'd be more high-priced. It doesn't matter how many people are on the policy, you're a new driver & with more liability, the premiums will spiral upwards.
taz c | Mar 10, 2009
Only a little but it will still be favourable.
Plus, you won't gain your no claims bonuses to knock your next premium down, however, some policies detain a named driver discount.
You really need to shop around as you're more than liable to looking at around 2k either way.
Champagne: Shhh, not here... | Mar 10, 2009
you can add a name to an existing action if that person occasionally drives the car. its designed for those odd occasions when say a child may persistence the car occcasionally when the normal (named) driver is unable to drive.
however you cannot insure the car, say, in you parents name if you are common to be the primary driver. if you do and the insurers find out, and their is a claim they will attempt to strike out the insurance as ill.
Mark J | Mar 10, 2009
sometimes but you never enlarge up your own no claims bonus
its ok if you are going to share the family car but if you get your own go for independent insurance
Hita chi | Mar 10, 2009
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