Auto Insurance Rate in Maryland
Reader’s Question:
I’m wondering if an insurance policy in Baltimore, Maryland is written with two adult names and one of them dies, is the premium lowered?
Frances
Baltimore, MD
Good question Frances. If there are two adults on an insurance policy and one of them is taken off of the policy (for many reasons, such as death), then the rate can be affected. It may possibly be lowered, it depends upon the rating system and if the insurance policy premiums were higher at all due to the second adult driver being on the insurance policy.
Contact your insurance agent in Baltimore, MD since insurance guidelines and rating systems differ, to find out how your specific insurance companies rating system works and how your rates would be affected in this type of situation. If your rates would not be lowered you can compare by shopping online if you have internet access, for better car insurance rates. The only rating factor difference that some rating systems may see for is a widow versus single, but typically a widow rating variable would cost less than a single rating variable.
Do I Need Additional Auto Insurance For Pizza Delivery Vehicle?
Reader’s Question:
If I were to get a work as a pizza delivery driver in Watertown, South Dakota, do I need to buy additional car insurance to cover me while on the job?
Snyder
Watertown, SD
According to the South Dakota Department of Insurance most personal car insurance policies will exclude coverage for the car while it is being used for “business purposes” such as pizza delivery. Many car insurance policies in fact have exclusion for using your vehicle for delivery purposes like this.
You can talk with your insurance agent if your personal vehicle insurance policy will cover you as a delivery boy, but likely it will not. The restaurant you work for may already have car insurance liability protection for this kind of activity to cover the restaurant’s exposure. This may however not protect you if an accident happens. The restaurant will typically require additional insurance to protect themselves if you are negligent.
High Risk Insurance With SR22 – What Does It Cover?
Reader’s Question:
One of the employees had to obtain SR 22 insurance personally. We had to get a separate high risk insurance policy for her to be able to drive one of our company cars in Chicago IL. So, does her SR22 insurance policy cover her to drive any car including a company car?
Michael
Chicago IL
Generally, your employee’s insurance policy covers her when she drives other cars but as excess or secondary to the owner’s auto insurance. If her insurance would extend as secondary insurance to a company vehicle or work car would depend upon the terms and guidelines of her insurance policy and the guidelines of his insurance company.
The SR-22 insurance which is attached to her insurance is not a type of insurance but a form or certificate that the state is requiring him to have filed to prove that she is carrying the insurance on her that the state required. Typically this insurance is the state’s required liability car insurance.
Your employee can check from her insurance broker or agent to verify if her personal insurance policy would cover the company car but keep in mind that the company’s high risk insurance policy in Chicago will be primary and needs to stay on the company vehicle so that it will be properly covered.
Car Insurance Rate Discount For High Mileage Cars?
Reader’s Question:
Like age and driving record, can the number of miles driven each year be a factor in determining the rates my insurance company in Greater Newark will set for me?
Kyle
Greater Newark, DE
The more miles your car spends on the road mean the more opportunities there are for you to hit someone or for someone to hit you. You should therefore expect the possibility that your premium will be higher the more miles you expect to drive.
This rule is fairly simple and straightforward. Insurance premiums would be based on miles driven annually. The problem that may come up in basing car insurance to mileage are; how to monitor the odometer, how to maintain continuing coverage when insurance lapses in the middle of an emergency trip, and how to set up prepayment arrangements.
Drivers who are same in other respects such as age, location, gender, driving safety record – pay almost the same insurance rate if they drive 5,000 or 50,000 miles a year. Therefore, motorists who have the greatest amount of driving each year would pay the most for insurance – all other things being equal – and those who drive the least would pay the least.
But how far you drive is not much of a factor in determining your premium unlike a driver’s age and driving record. Some companies offer low-mileage discounts, but these don’t come close to capturing the actual difference in accident risk between high- and low-mileage drivers. It’s important to have discussions with your insurance agent or company if this kind of discount is being offered. Or, you always have the option to shop for other auto insurance companies to find the best rates available.
Do I Need To Have Full Coverage Auto Insurance in Michigan?
Reader’s Question:
I’m currently leasing my car so I make it a habit to shop around for lower auto insurance rates in Ann Arbor, Michigan. I’m thinking if it’s possible for me to drop some insurance coverage that I don’t need; let me give you the list of what I have. I have Personal Injury Protection, residual property damage, residual uninsured motorist, special tort liability, property protection, comprehensive, and collision. I doubt if I need all these.
Amanda
Ann Harbor, MI
The best thing for you to do is to consult a licensed insurance agent or a financial advisor since they’re the experts on this field. It is very important for you to know what’s covered by each part of your policy and whether your state requires minimum levels of each.
Michigan requires three insurance basic auto insurance coverage: (1) Personal Injury Protection (PIP) that pays all of your medical costs, lost wages if you miss work caused by the injury (2) Property protection coverage that pays up to $1 million for damages your automobile does to other people’s property; and (3) Residual bodily injury/property damage that pays costs if you’re sued after causing an accident.
Collision and comprehensive coverage pay for physical damages to your vehicle is not required by your state. To make these less expensive is to raise your deductible. Also, MI is one of the “No-Fault” states. That means you cannot recover the cost of repairing your vehicle from another driver even if that driver caused the accident. Uninsured motorist coverage that covers you in a hit-and-run accident (or if you’re hit by someone without insurance), is also not required.
There are two exceptions you need to be aware of: first is the “mini-tort” exception which allows you to file a claim against the other driver in small claims court for damages not exceeding $500; second, if your car was legally parked at the time of the collision, you’re allowed to make a claim against that person for the full dollar amount of your repairs (assuming you know who did the damage).
T
How To Lower Auto Insurance Rates in Nebraska
Reader’s Question:
I know there are a lot of car insurances out there with sky rocketed premiums. I just want to know what can I do to lower down the cost of my auto insurance in Lincoln, NE? Help anybody?
Julia
Lincoln, NE
There are a lot of ways to lower your premiums. I have a cousin who’s an insurance agent in Lincoln, NE who told me that driving less would mean lower premium. So, he demanded me to use public transportation whenever I can or share a ride with a friend. The logic behind this is that less driving means less driving miles in your car. So the goal is to reach less than 500 miles/ month and when you reached that point then you can apply for a Low-Mileage policy and he did save a lot of money with that
Also, having anti-theft devices in your car is one sure way of lowering your premiums. It’s simple, more anti-theft devices means greater reduction in your premium. Who would want to offer a lower premium to a car that is vulnerable to thefts? Certainly no one!
If you have separate car insurance and medical insurance, then it’s best to ask for a lower liability coverage from you car insurance. Since you already have a health insurance you don’t really need to invest much on liability insurance since your health insurance would surely back you up when some bad things happened to you.
Those are just some ways. Always check online to know if you’re still getting what you think is affordable auto insurance that still meets your needs.
Tags: auto insurance online, car insurance agent, cheap auto insurance
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