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Lucy Said:

Will a speeding ticket increase my auto insurance premium, and how much?

We Answered:

I work in insurance in PA and if you stay with the same insurance carrier they never usually re-run your mvr (motor vehicle report) once you are with the company. It is when you switch carriers you can be screwed.

Francisco Said:

can auto insurance premium be increase due to non payment due to loss of job?

We Answered:

Yes.

Many companies give a discount when you pay your premium on time every time. If you miss a payment, you lose that discount.

Also, insurance rates are affected by your credit score. If your over all credit score drops, that could put you in a higher risk bracket and result in a higher rate.

Paul Said:

state farm auto premium increase?

We Answered:

Because they paid out on your behalf. Unfortunately, fault doesn't matter. Ask State Farm if you would lose any discount.

You could have paid to repair your car on your own and not got an increase or lost any discount......but that would have been penny wise and pound foolish, wouldn't it?

You did the right thing.

Tracy Said:

Why did my auto insurance increase when I changed address?

We Answered:

Different geographic areas have higher risks for loss than others, i.e. some areas have greater chances of hail damage, some areas have greater chances for theft, some areas just have more accidents per capita. This has happened to me also. The best thing is to shop around to find the lowest premium with the best coverage. Remember, sometimes it pays to have just a little higher premium in order to have really great coverage. One nasty accident can mean financial ruin if you do not have the right insurance.