The Cost of Car Insurance
Posted on 18. Feb, 2011 by admin in Insurance
When someone is in need of insurance for their car, there will always be questions that need answers. How much insurance you need will depend on where you live. Most states have stringent laws and if you are caught driving without any insurance, you can face a steep fine or penalty. What if you loan your car to a friend, will that person be covered? This is another frequently asked question.
In most cases they would be covered but you should read your policy to be sure. Anyone in your household who has a drivers license must be listed on your policy but a friend living with you might not be. Ask to be sure. How much you pay for coverage is a reflection of your driving record.
What the DMV has recorded over the last three to five years of driving is what the insurance company will view. If you have accidents or tickets, statistics tell them you are more likely to have driving trouble compared to those who have a perfect driving record. This will raise your rate for insurance. You can shop around for general car insurance to find the best price with the coverage you need and want.