Car Insurance Premium

My wife had our first baby in March. This month (April) her car insurance has to be renewed. We have noticed that when we disclose that we have a dependant the premium appears to increase by £100? Has anyone else with children experienced this? This is just another slap in the face for parents.

I had Damian in DEC my insurance renewal was due in march It did not even come up that I had a baby and my insurance actually went down for being a loyal costumer Have you gotten any citation?I don't think this is due because you had a baby

2009-04-14 11:05:52 by qpr26

The top car insurance in the USA, offering the valuable low car insurance premium plan; help you save the Automobile insurance guidelines online ...

I'm not sure if it's even a factor in the price of auto insurance premium but I'm getting close to paying off my car and would like to know. Thanks!
I'm in California...

Yes and No. It depends on the insurance company! Some companies offer a small credit if the vehicle is under a loan or lease. Their actuarial data shows that people who finance their car tend to drive better, because the vehicle is still somewhat new, and they don't want to wreck their car (they can't just go out and buy a new one with cash.)
Other companies don't offer a credit for a lease or loan. The pricing is more favorable if the vehicle is paid for.
Call your agent or your insurance company and ask them to do a "what if" quote scenario to see how the premium would be affected if you remove the loan/lease from your policy info.

2008-06-17 19:28:11 by Alvarito

Price: $5.95 $5.95

Right so say i got car insurance and am paying it by the month on but its based on a provisional license but passed a driving test during the policy term how will that affect the premium....will they requote me and then canel the other policy or...? this is based on irelands system though

This is how it work in good old US of A. Once you establish a policy your policy payments will not change irrespective of your driving/accident history, either good or bad.
The changes in your status would take effect only when the policy is up for renewal. If you want your new status to be considered, you will have to ask for a new quote and if that quote is good you will have to cancel the existing policy and buy the new one.

2008-01-15 12:35:34 by questioningvalues

Price: $9.95 $9.95

I bought a new 2009 Toyota, and traded in my 2003 Chrysler. When I went to my insurance, my premium was lowered by $100.00 for the year. Normally a newer car is more to insure than an older car. Any suggestions as to why my premium went down?
Extra info. I'm 32, married, my husband and I have not had any tickets, or accidents. I had a sebring, and bought a yaris.

I work each and every day writing auto insurance...
This can sometimes happen for a number of reasons...
1) the Toyota is safer and maybe the engine is smaller than the Chrysler
2) you might or might not of went up in age (not sure if you have or haven't) If you have and you are a female if you've went from say 20 to 21 that would lower your rate... or if you went from 24 to 25 you are now considered an adult and get an adult rate.
If you are under 25, and recently got married you get an adult rate. If you have recently turned 50 this would also cause a discount to your insurance.
3) most companies give discounts with them for years
4) something may or may not have fallen off your driving record
Sooo many different things factor into your insurance so you might just want to call them out of curiousity to know what it was that made it go down. : ) I know you're a happy camper.

2009-03-27 12:50:30 by Hortencia

Let's say that you caused a huge dent to your own car by backing into a metal post. If you file a claim with the insurance company to repair the dent, will the premiums increase? If so, will that "loss" stick with you, causing premiums to be high over the next few years?

It could. You need to determine whether the amount of damage that exceeds your deductible will be more than the increase in premiums. If you have ana gent you can ask them and they will tell you without holding it against you. Also, if you are with one of the big carriers, i.e., Allstate, State Farm, Farmers, etc. they generally have "Accident Forgiveness" and will not increase your premiums if you haven't had another claim with them in the last 3 years. Good luck.

You'll want to research this some more....

http://insurance.deal4-you.com

Have a nice day.

2008-04-19 21:36:29 by Samantha B