Car Insurance Master Thread

[AJK]

No, I mean if theres damage done to the rental vehicle and the cc company pays out the rental company. No involvement of your insurance company.

Then of course not. You insurance company has no way of finding out (though, in theory, I guess they could).

And I wonder if it will fall further when my wife turns 25?

The proverbial "they" say it should. Unreal.

[Ergel]

I think the higher under 25 rates are only for guys

[aussiebochur]

Then of course not. You insurance company has no way of finding out (though, in theory, I guess they could).

If you switch insurance companies, they can still find out about other claims, no?

So was wondering if perhaps with the cc company it was the same.

Hoping you guys are right...

[AJK]

If you switch insurance companies, they can still find out about other claims, no?

So was wondering if perhaps with the cc company it was the same.

Hoping you guys are right...

Yes, they can find out about other claims.

You won't have made a claim against an insurance company...

[Dan]

Forked from G37x discussion.

[RJ898]

I'm registered upstate (where my wife's family lives) and my 2012 accord premium is $130 a month (Geico/Includes roadside assistance).
Will probably fall after we turn 25 

[puddles]

I'm registered upstate (where my wife's family lives) and my 2012 accord premium is $130 a month (Geico/Includes roadside assistance).
Will probably fall after we turn 25 

What happens if you get in an accident in NYC? Dont they ask you where your primary residence is? If they find out dont they have the right to deny any coverage?

[Dan]

If they find out dont they have the right to deny any coverage?

If it's a big enough claim for them to investigate, sure.

[puddles]

If it's a big enough claim for them to investigate, sure.

Am I the only one that thinks something like this is not worth the risk (and probably borderline insurance fraud?)

[PlatinumGuy]

Am I the only one that thinks something like this is not worth the risk (and probably borderline insurance fraud?)

No, & my insurance is over 300/mo

[KidOOO]

Am I the only one that thinks something like this is not worth the risk (and probably borderline insurance fraud?)

I think its whats called the grey area

[Dan]

I think its whats called the grey area

If you're making a claim on a big accident I'd imagine they'd investigate before paying out and this sounds like an easy way to be disqualified.

[boruch]

Btw Dan, Once your wife turns 25 you should look into making her the primary holder. Many insurance companies give better prices for married woman with a child. When my wife turned 25 I made her the primary holder and my insurance decreased a lot.

In general Brooklyn car insurance is out of control. The one year that I lived in Brooklyn I was paying just under $1200/6 months. One insurance broker told me once that it’s because of all the insurance scams in Brooklyn (I.E. people insuring their car somewhere else but live in Brooklyn). Now that I live in Monsey I pay $440/6 months with a $500 deductible.

[PlatinumGuy]

Btw Dan, Once your wife turns 25 you should look into making her the primary holder. Many insurance companies give better prices for married woman with a child. When my wife turned 25 I made her the primary holder and my insurance decreased a lot.

In general Brooklyn car insurance is out of control. The one year that I lived in Brooklyn I was paying just under $1200/6 months. One insurance broker told me once that it’s because of all the insurance scams in Brooklyn (I.E. people insuring their car somewhere else but live in Brooklyn). Now that I live in Monsey I pay $440/6 months with a $500 deductible.

Why would that make Brookyln insurance cost more?

[boruch]

No idea. Just telling you what this broker told me. He could be talking nonsense!
Has anyone else ever heard this?

[bades]

Now that I'm looking at it I can lower my 6 month premium from $277.45 to $233.42 if I change my deductible to $1,000.

Think I should do that?  What do others here carry?

not worth it for such little savings

[Dan]

$88/year savings.

As long as I go 5 years without a large collision claim and 10 years without a large comprehensive claim I'll come out ahead.

[bades]

Dan,
FYI    AS an insurance broker i wouldnt advise raising deductible for such little savings. unless it pays itself off in 2-3 years MAX.....

[KidOOO]

If you're making a claim on a big accident I'd imagine they'd investigate before paying out and this sounds like an easy way to be disqualified.

in his case ( his wife's family does live upstate) i would think its not that simple to be disqualified, parents buy their kids cars all the time and there is no reason the parents should not be able to keep it on their own insurance

[PlatinumGuy]

in his case ( his wife's family does live upstate) i would think its not that simple to be disqualified, parents buy their kids cars all the time and there is no reason the parents should not be able to keep it on their own insurance

Insurance goes by where the car is parked most of the year. Assume you're suing the insurance company for $250,000, do you really think you'll get it like that?