INSURANCE
4th Gear Member
Joined: May 2007
Posts: 1,228
From: Brownstown, MI
RE: INSURANCE
ORIGINAL: poohflingr
How are you on the same policy with your in-laws? Do you all live in the same houshold. I hope so because if you aren't and the insurance company finds out they would have grounds to non-renew the policy. (Sorry the insurance agent in me is coming out)
How are you on the same policy with your in-laws? Do you all live in the same houshold. I hope so because if you aren't and the insurance company finds out they would have grounds to non-renew the policy. (Sorry the insurance agent in me is coming out)
My sister is divorcing.She got her own insurance through a different company. State Farm, I think.
The agent told her she could use my address since it was considered a better neighborhood.
That doesn't sound right to me. You wouldn't think the agent would suggest something like that.
4th Gear Member
Joined: Mar 2007
Posts: 1,132
From: Md
RE: INSURANCE
I'm about 1600 a year for full coverage. 20 y/o, no tickets, no accidents.
YEA JERSEY!
That's not bad considering I used to get RAPED by Allstate. When I first bought the mustang I was paying almost 7000 a year.
YEA JERSEY!
That's not bad considering I used to get RAPED by Allstate. When I first bought the mustang I was paying almost 7000 a year.
2nd Gear Member
Joined: Jun 2007
Posts: 264
From:
RE: INSURANCE
Yeah as an agent I can put your cars garaging location anywhere I want. Problem is, if the claims adjuster puts two and two together in the event of an accident, they could deny a claim because of it. The job of an insurance company is to charge for the risk of that cars location, if there is higher risk in a certain area and the agent or insured lies about the location of the vehicle, the insurance company doesn't collect enough for the risk. I'm sure that insurance agent is gonna play stupid if your sister in-law gets busted by an adjuster because he would lose his license .
4th Gear Member
Joined: May 2007
Posts: 1,228
From: Brownstown, MI
RE: INSURANCE
ORIGINAL: poohflingr
Yeah as an agent I can put your cars garaging location anywhere I want. Problem is, if the claims adjuster puts two and two together in the event of an accident, they could deny a claim because of it. The job of an insurance company is to charge for the risk of that cars location, if there is higher risk in a certain area and the agent or insured lies about the location of the vehicle, the insurance company doesn't collect enough for the risk. I'm sure that insurance agent is gonna play stupid if your sister in-law gets busted by an adjuster because he would lose his license .
Yeah as an agent I can put your cars garaging location anywhere I want. Problem is, if the claims adjuster puts two and two together in the event of an accident, they could deny a claim because of it. The job of an insurance company is to charge for the risk of that cars location, if there is higher risk in a certain area and the agent or insured lies about the location of the vehicle, the insurance company doesn't collect enough for the risk. I'm sure that insurance agent is gonna play stupid if your sister in-law gets busted by an adjuster because he would lose his license .
1st Gear Member
Joined: Oct 2007
Posts: 130
From:
RE: INSURANCE
GOT IT...KEEP RECEIPTS, KEEP INSURANCE COMPANY INFORMED. Other note depending on your insurance company and age and previous driving record your premium will probably go up with all the mods...more money they have to potentially spend out on you means more money you will need to spend on them. Side Note: This has been a very good thread with a lot of good advice
AND GO USAA!!!!
AND GO USAA!!!!
Thread
Thread Starter
Forum
Replies
Last Post