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Angel Said:

Explain how the presence of asymmetric information in car insurance markets may lead people who are good drive?

We Answered:

asymmetric information is when one party in a transaction has more information about the transaction than the other party. Car insurance is especially sort after by persons who are 'bad' drivers. In some cases if persons consider themselves good or average drivers then they would have more information about their driving ability than society and hence would remain without insurance unless enforced by law. Persons who drive recklessly would want insurance and the insurance firm may not have knowledge about the person's past driving accidents and would give them the insurance.

Rick Said:

If an insurance co pays off the market value of yr car and gap insurance will cover the rest,?

We Answered:

No.

Gap insurance will only make sure your car loan is paid off.

Peter Said:

has the car insurance market gone up in price this year?

We Answered:

My renewal went up £150 from last year, shopped around and found one £20 less than last year.

Clifton Said:

what is the cheapest online car insurance in the market today?

We Answered:

You may want to try a website that compares multiple companies at once to get you the best price. I am paying less than ½ after I did.

Go to: http://www.insureme.com/landing.aspx?Ref…

Take care,
Casey

Mabel Said:

Car insurance market in Northeast Ohio?

We Answered:

Well, I work for an independent agency in SE Ohio in the Hocking/Athens county area and I can recommend you some great non standard auto companies to get you started! We have two great non standard companies. One is Alpha Vision and the other is Permanent General Assurance Corporation. They are great for people with no prior insurance, bad credit, young drivers, and bad driving records. If you'd like any more info about independent agencies feel free to contact me!

Jorge Said:

what is the actual date that an car insurance adjuster give you a market value for your car?

We Answered:

Five minutes before the crash. Take the 10 grand and sue for the rest...