Insurance FAQ
 

Will The Motor Insurance Premium Increase Next Year If I Claim Reimburment This Year?.?

Question by | Posted in Insurance

If I get my car repaired using the inurance policy, will I have to pay more when I renew my policy next time?

Answer: mostly yes. try negotiating with new insurer.
 
 

Motor Vehicle Insurance. What Would Be The Insurance Premium For A Nissan Maxima 2004 In Carins Australia?

Question by jimmy y | Posted in Insurance & Registration


Answer: Try finding out for yourself.

Go to insurance websites and check it out. Most will tell you how much it will cost by filling in details online.

It would be hard for anyone to say for sure without more details. Age of the driver, current insurance, no of accidents etc.

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How Much Does Your Profession Affect Motor Insurance Premiums.?

Question by curious | Posted in Insurance & Registration

How much does your job affect premiums? I'm a Chartered Engineer - how would this stack up?

Answer: C. Eng should be quite a good risk. your age and record will be of interest though, as will your car and employment status. If you are employed, driving a mondeo you should get reasonable rates including business use by the policyholder in person. If you are self employed rates will be higher and business use may be a costly extra. Footballers for example pay very high rates because they could injure other players, requiring high levels of compensation.
I ran a Rover 216 as a C.Eng MIChemE, employed status at about £250/year in the late 90s

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How To Calculate Insurance Premium Of Motor?

Question by nehu a | Posted in Insurance & Registration


Answer: I assume you mean insurance premium for automobile insurance?

Your insurance premium is calculated using several factors.

1. Your driving history
2. The type of vehicle you drive
3. The amount of coverage you need and the type.
4. The deducatables you want.

Each insurance company calculates this a little differently. You need to contact an insurance agent, give him your information and he can calculate it for you.

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Standing The Cost Of A Car Crash Vs Motor Insurance Claim?

Question by Wayne H | Posted in Insurance & Registration

My son recently had a motor accident, we intend to stand the cost of a replacement car (insurance premium would rise a further £2000 for the following year).

Do we have to inform the insurance company of the accident and if we do will this have an impact on his insurance considering the we stood the cost and didn't claim?

The current insurance company seem unwilling to answer the question fully and an independant insurance broker was of little help too. Please help!

Answer: ALWAYS inform the insurance company. They get very tetchy if they find out you haven't. My daughter had a total loss. They paid for recovery (it was burned out) but we didn't claim on our insurance and we didn't loose any no claims

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Motorists Seen To Struggle With Climbing Car Insurance Costs ...

by admin

Citing figures from the AA insurance index, research released by MoneyExpert reveals that the average cost of comprehensive motor insurance has risen to 629 pounds and four pence. However, in an attempt to secure the best premium possible MoneyExpert revealed that around 5. Financial difficulties appear to be felt the most by older motorists, with some 29 per cent of those over the age of 55 saying they have reduced travelling in their automobile because they cannot afford to do so. In addition to rising motor... 9 million Britons have switched their insurance provider during the last six months. 5 pence, however in some parts of Britain such costs were shown to rise to 118....

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