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Edwin Said:

Car insurance prices and more- 15 year old boy?

We Answered:

I just replied to a similar question, basically see this
http://4ym8.com/CompareInsurance.html it's one form to get a number of quotes from different insurers. It's free and a big time saver, these are all the main American insurers competing to get your business so you are bound to find something that suits you, if it works out remember my points please :)

Courtney Said:

Does the Year of your Car affect Insurance Prices?

We Answered:

Maybe.

If you have only liability coverage - no coverage on the car itself - then the year of the car doesn't matter.

But obviously (or maybe not) a 2010 Honda is worth more than a 1999 Honda, so collision and comprehensive will cost more with a newer car, because it takes more money to total it out.

Cars are assigned "symbols". So, the year, make, and model all go into the "symbol", which actually is typically a number. Some two door cars have a lower symbol than other four door cars - so there's no "rule" that a two door car will cost more.

And again, if it's liabiltiy only, the symbol doesn't matter much.

Pearl Said:

What determines car insurance prices?

We Answered:

Top 5 Factors Determining Your Car Insurance Rate
Auto insurance can be confusing and mind boggling sometimes and it’s hard to determine exactly why some individuals are receiving rates which are lower than others. There are many factors which contribute to the rate of auto insurance, some you have control over and others you don’t.

Below you will find valuable information regarding the factors which are compiled in order to determine the rate of your car insurance. These will help you understand important aspects of auto insurance and why some individuals receive higher rates than others. Here are the top five factors which auto insurance companies will consider when determining your rate of insurance:

1. Age – Your age will greatly affect the rate of your car insurance. Teenagers and individuals who are just beginning to drive will have higher rates for no reason other than their age. There is nothing you can do about this, as you get older and become a more experienced driver your rates will go down. Although they will go down, they will not stay down. When you reach a certain age your car insurance rates will go back up because you are an elderly driver and your eyes and coordination may not be as effective anymore.

2. Auto Insurance Companies – This is a factor which you have control over. Some car insurance companies offer lower rates than others for many reasons. It is up to you to choose which one will benefit you the most both now and in the long run.

3. Gender – Whether you are male or female will also affect the rate of your car insurance. This is yet another factor which you have no control over. Females generally have lower car insurance rates because according to insurance companies men are seen as potential dangerous and careless drivers who are more likely to be involved in car accidents.

4. Type of Vehicle – As much as we would all love to be driving a shiny silver Porsche Boxter all around town, the insurance rates for these types of vehicles are unreal. If you want your auto insurance rates to be low, I would suggest driving a car with a lower price tag. The more money your car is worth, the higher your car insurance rate will be.

5. Driving Violations – This is another factor which you have control over. I know how tempting it is to race your friends the moment you get your license for the first time, but the amount of money you will pay in the long run hardly seems worth it. Any form of ticket you receive can potentially raise the rate of your car insurance. If you want to pay less for car insurance I would suggest abiding by the rules of the road.

Although these are the most important factors in determining your rate of car insurance, there are many other factors which also play a part in how much you will pay. Auto insurance is something we all have to pay for, but by researching and understanding the aspects of this form of insurance you are learning how to reduce your rate to your best ability.

Lucille Said:

Have car insurance prices gone up in the past few months?

We Answered:

Has anything happened or changed in the last few months that has affected your licence or that of your parents licences? Have they changed their car?

It could also be other things - if you have moved house to somewhere with a higher crime rate (particularly motor theft), changed job, gained a disability, etc.

Any combination of these things could have affected the quotes you have gotten.

Kristen Said:

How does gas prices, insurance, and car repairs effect teenagers in the economic downturn?

We Answered:

1. The teenage unemployment rate - the percentage of 16- to 19-year-olds looking for part- or full-time jobs rose to 19.1 percent in September from 18.9 percent in August.

2. The minimum rate rose but the gas prices, insurance and repairs also did.

3. Teenagers are seeing more problems in the home as well due to this situation.

Armando Said:

What is the best car for insurance prices for a male driver under 25 in Ontario?

We Answered:

This would depend on which Ontario.

Ontario province, Canada?
Ontario county, New York, USA?
Ontario, California, USA?