Car Insurance Master Thread

[WonderingYid]

I recently saw someone save 30% from their Geico in FL.

Who did they switch to?

Where can you find a list of carriers for your state?

[Reb Moshe]

Who did they switch to?

Where can you find a list of carriers for your state?

5 Minute Insure gave the client Travelers.

All available carriers in that state are searched and the companies that are willing to give a quote are returned. There are times that a certain carrier that is available in the state won't return a quote based due to underwriting information that has been entered or found on the prospect.

[yos9694]

5 Minute Insure gave the client Travelers.

All available carriers in that state are searched and the companies that are willing to give a quote are returned. There are times that a certain carrier that is available in the state won't return a quote based due to underwriting information that has been entered or found on the prospect.

There's no way this covers "all available carriers". Car insurance is a commodity product with a negative switching cost. The insurance companies know that making price shopping easy for consumers is shooting themselves in the foot. This website probably has a few companies participating at most, and is more likely to lose carriers than add

[greatdeals]

daughter got license a year ago then went to seminary
now is back can she drive parents car without being added on insurance
living at home insurance company is geico will they cover if she gets into an accident chas vshalom?

[neveryou]

daughter got license a year ago then went to seminary
now is back can she drive parents car without being added on insurance
living at home insurance company is geico will they cover if she gets into an accident chas vshalom?

Loop upthread, it was spoken about already

[WonderingYid]

How much does my credit score play in an insurance rate?

[neveryou]

How much does my credit score play in an insurance rate?

With allstate, it's a major part of the price

[Reb Moshe]

There's no way this covers "all available carriers". Car insurance is a commodity product with a negative switching cost. The insurance companies know that making price shopping easy for consumers is shooting themselves in the foot. This website probably has a few companies participating at most, and is more likely to lose carriers than add

Most carriers benefit by being on the comparison site, while some still prefer only selling direct.

This is EXTREMELY similar to the OTA (Online Travel Agency) like Expedia, where most carriers benefit from being searched against many other carriers. Having said this, Southwest Airlines has never submitted to the OTA and is still only available directly. In theory, United Airlines loses out by being on Expedia, however, United obviously sees that they lose more by not being on Expedia.

Back to insurance, most companies allow themselves to be compared against other companies.

[yos9694]

Most carriers benefit by being on the comparison site, while some still prefer only selling direct.

This is EXTREMELY similar to the OTA (Online Travel Agency) like Expedia, where most carriers benefit from being searched against many other carriers. Having said this, Southwest Airlines has never submitted to the OTA and is still only available directly. In theory, United Airlines loses out by being on Expedia, however, United obviously sees that they lose more by not being on Expedia.

Back to insurance, most companies allow themselves to be compared against other companies.

It's nothing like an OTA. Insurance uses low rates to get people in the door and banks on renewals, not in their interest to make switching effortless.

[neveryou]

Most carriers benefit by being on the comparison site, while some still prefer only selling direct.

This is EXTREMELY similar to the OTA (Online Travel Agency) like Expedia, where most carriers benefit from being searched against many other carriers. Having said this, Southwest Airlines has never submitted to the OTA and is still only available directly. In theory, United Airlines loses out by being on Expedia, however, United obviously sees that they lose more by not being on Expedia.

Back to insurance, most companies allow themselves to be compared against other companies.

Most insurance companies won't know what your premium is going to be till they run your credit, insurance history and run your license

I doubt these websites are giving an accurate quote, it's probably a low ball quote

[av83]

My Wife banged someone else's rental car about a month ago, approx 1-2K claim they went to insurance this was the first claim ever on our policy, now she damaged someone else's car 6-700$ damage is it worth it to pay out of pocket or go through ins?

[JMHO]

Does this belong in the Shalom Bayis thread?

[herb]

My Wife banged someone else's rental car about a month ago, approx 1-2K claim they went to insurance this was the first claim ever on our policy, now she damaged someone else's car 6-700$ damage is it worth it to pay out of pocket or go through ins?

ur deductible is probably close to that anyhow

[av83]

ur deductible is probably close to that anyhow

I dont think i have a deductible on property damage liability

[WAM]

My Wife banged someone else's rental car about a month ago, approx 1-2K claim they went to insurance this was the first claim ever on our policy, now she damaged someone else's car 6-700$ damage is it worth it to pay out of pocket or go through ins?

Pay out of pocket. Your insurance company might forgive 1 accident but probably not 2.
In that case, you'll likely be paying hundreds more on the policy.

[shmooz]

Pay out of pocket. Your insurance company might forgive 1 accident but probably not 2.
In that case, you'll likely be paying hundreds more on the policy.

Agreed

[shmu]

My Wife banged someone else's rental car about a month ago, approx 1-2K claim they went to insurance this was the first claim ever on our policy, now she damaged someone else's car 6-700$ damage is it worth it to pay out of pocket or go through ins?

Had that happen to a relative. Gieco just told them they won't renew their policy at all. I agree just pay

[ae123]

1 - Does a Bachur in Yeshiva/daughter in seminary have to be added if they only come home for off-Shabbosos & Yomtov time?
2 - Is there a good agent in LKWD who can help get the best rate for auto insurance with/without bundling home insurance in?
Thanks.

[WonderingYid]

1 - Does a Bachur in Yeshiva/daughter in seminary have to be added if they only come home for off-Shabbosos & Yomtov time?
2 - Is there a good agent in LKWD who can help get the best rate for auto insurance with/without bundling home insurance in?
Thanks.

If they don't live at home, I don't think they need to be added YMMV. When signing up for auto insurance, make sure you know what coverage you're getting, and what your deductibles are.

[jose34]

Most companies allow you to add a "Student" to your policy without an additional cost.
(For your child who is a student and does not live at home anymore) 
In the best case scenario, it could bring down your policy cost.