In what ways does buying a car affect auto insurance premiums?

I’m looking at buying or leasing a new car and am wondering how that’ll affect my auto insurance premium. Also, which features in a new car affect the premium. I’ve heard about red paint and sports cars causing higher premiums, but are there any other factors? Answer: The car affects the premium. New cars are [...]

Do South Carolina auto insurance laws require me to carry my own liability insurance when driving a rental car?

I don’t currently own a car and so haven’t had a need to carry my own liability auto insurance in quite awhile. Is it legal for me to drive a rental car or even a car owned by my sister who does have insurance in South Carolina? Will I have to purchase my own liability [...]

How does auto insurance work when you “loan” your car to another?

I have been thinking of “loaning” my car (which I own) to my 87 year old father. I would then lease a vehicle for myself. Then at the end of the lease period (let’s say 3 years) if he is no longer driving, the car returns to me. Can he purchase auto insurance on himself [...]

In Ontario, how does auto insurance work? Do you need to insure yourself as a driver and your car separately?

In Ontario, Canada, how does auto insurance work? Do you need to insure yourself as a driver and your car separately? If anyone can help me with the details of this, that would be great. Thanks! Answer: Yes you insure the car and yourself as the driver and then can add drivers and more coverage [...]

What does full coverage auto insurance cover?

I have full coverage auto insurance on my vehicle and it was broken into last night, someone jimmied the door open and stole my gps, my watch that was in the glove box and my money order for 5 that was in the overhead console that I was going to pay the rent with this [...]

How much does auto insurance drop at 25?

I turned 25 a couple of months ago and it looks like my auto insurance only dropped .81/month. Isn’t it supposed to be more of a discount than that? I have a clean record, no accidents or tickets. Answer: Not necessarily. It also depends on what kind of car, coverages, and where you are located. [...]