How long do you carry full coverage insurance on your vehicle?

How long do you carry full coverage insurance on your vehicle?
by

1 Answer

Answer :

I drop Comp and Collision after about 6–8 years or when the value of the car is such that it probably wouldn’t be worth repairing if it was damaged. Liability of course, you keep forever.
by

Related questions

Liability Insurance vs. Full Coverage?

Description : Liability Insurance vs. Full Coverage?

Last Answer : To replace or repair your car if it's damaged or totaled. If your car is not worth very much money the comprehensive may not be worth the expense. If it's worth more than 4 or 5 thousand you ... on Kelly Blue Book and see if the cost of replacing you car is worth the expense of the insurance.

Who has no health insurance coverage?

Description : Who has no health insurance coverage?

Last Answer : I don’t. I live in Australia. Woot it doesn’t matter yay!

If your country has socialized medicine does that mean you don't have to pay for coverage on your home owners and auto insurance?

Description : If your country has socialized medicine does that mean you don't have to pay for coverage on your home owners and auto insurance?

Last Answer : You do mean liability coverage don’t you because homeowners and auto cover a lot more than just liability?

Can you please tell me how deadlines and open enrollment have improved health insurance coverage in the United States?

Description : Can you please tell me how deadlines and open enrollment have improved health insurance coverage in the United States?

Last Answer : answer:It's been like that for a very long time. It didn't just start happening. If you get hired and you pass the probation period, they will give you the health benefits at that time. If he had been ... I'm not sure about the laws in your state. This is how it's been here since I can remember.

Cost of rhinoplasty, any chance for insurance coverage?

Description : Cost of rhinoplasty, any chance for insurance coverage?

Last Answer : answer:Hello, fellow deviated septum-sister! I had mine fixed when I was sixteen. And let me tell you, it was PAINFUL. I'd really reconsider it. I'm not sure about the cost and insurance coverage ... back to my old self. No broken bone popping in my nose, but I'm still having breathing problems.

What are the insurance and legal requirements if I allow someone to borrow my vehicle?

Description : What are the insurance and legal requirements if I allow someone to borrow my vehicle?

Last Answer : Check with your insurance company to be certain, but generally in the U.S., the car is insured for any driver that is using it. (In the U.K. it is the speciific driver who is insured ... pulled over and accused of stealing it; unless there are very bizarre circumstances, I wouldn't worry about that.

If someone hits my vehicle and that person's insurance company writes me a check and I keep the money rather than get my vehicle repaired, is that insurance fraud?

Description : If someone hits my vehicle and that person's insurance company writes me a check and I keep the money rather than get my vehicle repaired, is that insurance fraud?

Last Answer : Their obligation is to give you a check if your claim is a valid one. Whether or not you decide to actually fix your car with it is totally up to you.

Should my son have to carry health insurance on his daughter?

Description : Should my son have to carry health insurance on his daughter?

Last Answer : answer:It sounds like your son is electing to have family, rather than individual coverage and that's why he's paying the extra. Usually one plan will be primary and submitted to first and then ... 's mother unless there is a divorce stipulation that he provide. Boy, life can sure be complicated!

With the Affordable Healthcare Act, what happens if there is a gap in my coverage?

Description : With the Affordable Healthcare Act, what happens if there is a gap in my coverage?

Last Answer : answer:Can you (or his HR people) contact the Insurance Agent for his company to get a copy of the forms? Or can they send them to you in PDF format? Your situation is not likely to be ... ACA, but Consumer Reports has a site to help with some of the questions: http://www.healthlawhelper.org/

After losing my job, do I continue coverage with COBRA or go with an individual plan?

Description : After losing my job, do I continue coverage with COBRA or go with an individual plan?

Last Answer : Before you change, check to make sure the new insurance will cover the preexisting condition. If it does, I would go with the cheaper option.

Regarding the new health plan, will larger companies downsize to eliminate the requirement to purchase health coverage for their employees?

Description : Regarding the new health plan, will larger companies downsize to eliminate the requirement to purchase health coverage for their employees?

Last Answer : A large company owner was interviewed on TV a few days ago. He has a lot of employees & he pays for their healthcare. It costs him about $300,000 a year to pay for it. With new plan, he could ... But not everyone is a good guy', so I see lots of companies taking the low road on this scenario.

Question regarding New Jersey Continuation Coverage through Aetna?

Description : Question regarding New Jersey Continuation Coverage through Aetna?

Last Answer : answer:I e-mailed this to my husband who owns an insurance agency in New Jersey. This was his No, sorry I have no idea - we don't get involved directly in health insurance (we refer it to another ... as though he is hosed if his former employer doesn't cooperate. Sorry I couldn't be of more help.

Should I get collision and/or comp coverage on my 98' Nissan?

Description : Should I get collision and/or comp coverage on my 98' Nissan?

Last Answer : 230*3=690 690+500=1190 if you think you will get in a wreck in the next three years and you think you will have to fix it and the price is greater than 1190 then the insurance is worth it.

Why does this guy want a bill of sale on this salvage vehicle?

Description : Why does this guy want a bill of sale on this salvage vehicle?

Last Answer : So there is a way to trace the car to prove it wasn’t stolen. The guy is really trying to protect himself and I would too. I would assume it’s the same with showing insurance.

Should we use whole life as an investment vehicle or use term and invest the rest?

Description : Should we use whole life as an investment vehicle or use term and invest the rest?

Last Answer : Generally, whole life appreciates more slowly than securities, but as we have seen recently, your time horizon is very important. If you are still relatively young, invest in a nice diversified portfolio of indexed mutual funds, and change the portfolio balance as you age.

How do you insure a vintage vehicle that's not in Blue Book?

Description : How do you insure a vintage vehicle that's not in Blue Book?

Last Answer : I thought all vehicles that were built over .. oooh a CB, all vehicles that were built before a certain date could have a vintage tag?

When a person gets a DUI, how does it affect their car insurance and for how long?

Description : When a person gets a DUI, how does it affect their car insurance and for how long?

Last Answer : It depends on the laws where your license is issued. It also depends on whether it’s a first offense or a repeat. The best way to be sure is to go to the Motor Vehicle agency website for where your license is from.

Do you think it is best to have additional disability insurance or long term care insurance?

Description : Do you think it is best to have additional disability insurance or long term care insurance?

Last Answer : answer:You're still too young to worry about long term care insurance. Get the extra disability and revisit this in ten or fifteen years. Disabilities are more likely to allow you to remain home. Disabilities ... So bottom line, I'd lean towards more disability and hold off on the ltc for a while.

Why would a health insurance company not want to pay for something that will save them money in the long run, even if they have to pay in the short run (for example weight loss surgery)?

Description : Why would a health insurance company not want to pay for something that will save them money in the long run, even if they have to pay in the short run (for example weight loss surgery)?

Last Answer : answer:We’re asking why anything insurance companies do makes sense? They’re a company that profits off taking money from people that can’t afford it, and telling those same people they don’t deserve to be treated for their illnesses. They are, indeed, the scum of the universe.

How long does it take for car insurance costs to go down after recieving a DUI?

Description : How long does it take for car insurance costs to go down after recieving a DUI?

Last Answer : Have you called your car insurance to ask them?

Do you have pet insurance?

Description : Do you have pet insurance?

Last Answer : What company is doing pet insurance?

What's the best way to obtain insurance for a first-time car buyer?

Description : What's the best way to obtain insurance for a first-time car buyer?

Last Answer : Have her get quotes from AAA, State Farm, and Geico. All will give you free quotes. Has your daughter been on anyone else's (yours) insurance? That insurance will happily give her a rate based on moving ... on my policy so she could give it to the agent, even though she was coming off my policy.

How to sell "security" technologies to banks, insurance companies or FinTechs (tips and tricks)?

Description : How to sell "security" technologies to banks, insurance companies or FinTechs (tips and tricks)?

Last Answer : Is the methodology to reach out to decision makers and interview/survey them? or simply glean insights from experienced insiders with knowledge of this process? Those seem like excellent questions, and ... on that to look for patterns such as seasonality or correlations with data breaches etc.?

Is it insurance fraud to have insurance but choose to self pay for medical services?

Description : Is it insurance fraud to have insurance but choose to self pay for medical services?

Last Answer : That’s a stupid computer system. You are not required to use insurance if you don’t want to. If you want to pay cash, that’s your choice, not theirs.

Find old insurance policy information?

Description : Find old insurance policy information?

Last Answer : Good luck. You might find evidence of this in corporate records, if they still exist. But no insurance company would pay out on the basis of that sort of evidence. If it's flood insurace - that's ... (fire, theft, etc.) is likely long lost, since the policies would have expired 50 years ago.

Can a life insurance company deny payment to someone who has chosen NOT to get the Covid vaccination?

Description : Can a life insurance company deny payment to someone who has chosen NOT to get the Covid vaccination?

Last Answer : Suicide is defined by intent. If you kill yourself by accident (reckless driving, extreme sports, accidental overdose, etc.), life insurance would likely pay out to your beneficiaries. If there is evidence ... not their intended outcome - so, no. (All this courtesy of my law school graduate wife)

Is AAA accident insurance a good idea?

Description : Is AAA accident insurance a good idea?

Last Answer : Here’s a good source of car insurance reviews .

My iPhone was stolen and my insurance has not yet provided a voucher number. How do I procede with this?

Description : My iPhone was stolen and my insurance has not yet provided a voucher number. How do I procede with this?

Last Answer : All cell phones can be traced. Get your cell phone provider to track its location. This should had been the first thing to do as well as talking to the security at the store for video of the theft ... would be suspicious as to who was telling you to purchase a new one and then yours is lost? hmmmm

Does health insurance cover aides coming to your house?

Description : Does health insurance cover aides coming to your house?

Last Answer : No, not normal insurance. Health aides are covered for a period of time (change dressing, take BP, administer medicines). Housework like cleaning, cooking, etc. – is not covered by normal health insurance. You can get supplemental (Aflac and such) that will cover other services, but that’s extra.

Do motorized wheelchairs need insurance and do the users need a drivers licence where you live?

Description : Do motorized wheelchairs need insurance and do the users need a drivers licence where you live?

Last Answer : NO, they're not treated like automobiles more like bicycles so no insurance, no drivers license & no tags. They are also not supposed to be used in the roadway but are supposed to be used on the ... moments. Don't think I've heard of anybody here being run over by an electric wheelchair either!!!

Has anyone applied for the Market Place 2018 (Obama) health care insurance or had it before?

Description : Has anyone applied for the Market Place 2018 (Obama) health care insurance or had it before?

Last Answer : I did it for 2017. I feel like I didn't have great advice from other people when I did. I will likely make too much money and wind up owing money. I knew I would be cutting it close though, ... marketplace and subsidy was going to be my best option, I wish I had had a broader discussion with her.

Can one buy employment insurance privately and not just from the government?

Description : Can one buy employment insurance privately and not just from the government?

Last Answer : One should never need to buy insurance for unemployment. One can pay whatever one assumes the premiums should be into a savings account - and then draw down on that account during times of unemployment ... your door, and beat it down to buy your product and live off of your generosity forever.

Where can I get cheap home renters insurance , In Canada, for a short period of time?

Description : Where can I get cheap home renters insurance , In Canada, for a short period of time?

Last Answer : From what little I know about insurance, it may cost you a lot more than $20 for a week if they would even write a one week policy (the paperwork for the policy and office are the ... should include the insurance and licensing fees which in the USA is hundreds if not thousands of dollars.

What insurance company covers OEM parts?

Description : What insurance company covers OEM parts?

Last Answer : I don't know if there are any insurance companies that will do OEM only. Since 1970 most insurance companies can insist the will only pay for aftermarket parts, OEM differences are paid for by the ... importing parts for VW, Toyota, Datsun and others; we were making a killing at the body shops.

Do I still need life insurance?

Description : Do I still need life insurance?

Last Answer : You might consider having enough to pay off outstanding medical bills and/or funeral expenses.

What would be a good quote to go on an insurance company's website?

Description : What would be a good quote to go on an insurance company's website?

Last Answer : answer:The last insurance quote I got was $6,000 for my mother’s 12 year old car after she literally ran into a brick wall. That was a good quote. Sorry, couldn’t resist. Nobody was hurt, thank goodness.

Is mortgage protection insurance a scam?

Description : Is mortgage protection insurance a scam?

Last Answer : answer:It isn't so much of a scam (there are legit mortgage insurance plans) as much as it is preying on fears. Over the life of a mortgage, the premium would stay the same, but the amount ... to pay that on a $375K balance? There are much better ways to protect your assets and provide for things.

Do you know anyone who has alien abduction insurance?

Description : Do you know anyone who has alien abduction insurance?

Last Answer : I’ll write you a policy, 1 million coverage at $50,000 per year premium. Prove abduction, you get paid.

Should I buy home owners insurance for an apartment?

Description : Should I buy home owners insurance for an apartment?

Last Answer : Unless you own it you don’t get homeowners, what you can get is content insurance which will cover your belongings in case of a fire, or theft, but if you don’t have that much worth in stuff not really worth it.

Why does the government think I don't have insurance when I do?

Description : Why does the government think I don't have insurance when I do?

Last Answer : Talk to United and Humana and get a proof of payment to submit.

How did insurance companies decide on the value of human life at $5 million?

Description : How did insurance companies decide on the value of human life at $5 million?

Last Answer : Link

How often have you said, "Thank God I have (health) insurance!"?

Description : How often have you said, "Thank God I have (health) insurance!"?

Last Answer : answer:All the time. I have A LOT of medical issues on top of my mental issues. I went into the ER one night, stayed there until admitted the next morning. I had my gallbladder out that day, spent the ... that one day I'll get a letter saying I owe $50,000 for this surgery. I was/am amazed.

Insurance question: Should a mortgagor (bank) be liable for some or all of the deductible?

Description : Insurance question: Should a mortgagor (bank) be liable for some or all of the deductible?

Last Answer : answer:Nice try, but no. In every house I have purchased, there have been clauses in that 30-page contract that put insurance and such all on you. It’s a nice dream, but that’s all.

If a retailer offers insurance for a product, does it ever make sense to buy it?

Description : If a retailer offers insurance for a product, does it ever make sense to buy it?

Last Answer : I never buy Maintenance Contracts or Service Agreements for those reasons. The only exception I made was for a portable propane heater since the first one I had barely lasted one season.

How can seniors save money on auto insurance?

Description : How can seniors save money on auto insurance?

Last Answer : answer:(I thought at first this question was spam.) As it says in the article, if they are driving shorter distances they should report that to their agent and see if that will lower their premiums. Also, ... is more important is if one would have enough money to live on if the other is ill or dies.

Should hypochondriacs have to pay more for their health insurance?

Description : Should hypochondriacs have to pay more for their health insurance?

Last Answer : answer:This is a difficult concept to address, as determining actual hypochondria can be dicey. Your friend sounds like an extreme case, therefore fairly easy to diagnose, but often people (mostly ... call to make, there are conditions that are difficult to diagnose, and therefore oft dismissed.

Does Home Insurance cover the expense of living after home damage due to Flood?

Description : Does Home Insurance cover the expense of living after home damage due to Flood?

Last Answer : answer:Regular home insurance does not cover flood from the outside at all. If you flood from your plumbing that is usually covered. If you have water damage from the wind breaking ... refer to flood insurance they specifically are talking about flooding from the outside unless otherwise specified.

This is for anyone living in the US, if you don't have medical insurance do you have to pay to have your children vaccinated?

Description : This is for anyone living in the US, if you don't have medical insurance do you have to pay to have your children vaccinated?

Last Answer : answer:If you are willing to make a few calls you can certainly get them for free. The vaccines them self are incredibly cheap. Here is a list of prices for the actual vaccine. Note those prices are ... a personal choice and cost does not play a role unless your child never ever goes to a doctor.

Where do you find affordable dental insurance when your employer does not provide the option?

Description : Where do you find affordable dental insurance when your employer does not provide the option?

Last Answer : answer:Dental insurance is terrible in the US. If your employer has a cafeteria plan, get in on that. Your contributions are not taxed, and you spend it on medical/dental expenses. Effectively you get a huge discount on medical spending. That won’t help you this year, though.

What can you tell me about getting insurance licensing?

Description : What can you tell me about getting insurance licensing?

Last Answer : This job description I was given says I need to complete “BIA training.” When I google it in conjunction with “Insurance” it comes up with Bangladesh Insurance Academy Is that what BIA is??