Cost of Cancelling multiple 6-month car insurance policies in US?

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Question by Eugene: Cost of Cancelling multiple 6-month car insurance policies in US?
I am 18 years old, male, clean driving record, good student, going to college. I will only be going home for occasional weekends, and vacations, and I would like to be insured so I can drive my car (saturn 2000 sl) around. I don’t want to pay for the high cost of permanent car insurance, but want to be insured when I need it.

I looked up ways to get temporary (short term) car insurance and I basically found that if you are under 21, you cannot pay daily or weekly. I also found that US insurance companies generally offer policies that are at least 6 months. Since I want tthen you can only get 6month or 1 year policies.

They suggest getting the 6 month policy and paying monthly, and then simply canceling the policy once I am done with it. Therefore if I did this, I would be buying and canceling many policies every year. I would maybe do this a few weekends every semester and also winter, spring, and summer break.

So basically I want to save money by foregoing yearly car insurance, but instead would like to do what I stated above. The big question is: IS IT WORTH IT? Ordering, and then cancelling up to six to eight 6-month policies, each paying for the first monthly payment.

Note: I currently have MetLife.

Thanks!!

Best answer:

Answer by Judy
Every time you get car insurance the car insurance company checks your credit reports.
At the same time – they will put an inquiry on your report.
This inquiry stays on the report for about 2 years.
A new car insurance company will see that you are monthly doing inquiries for new car insurance.
This could bring up a red flag – just to let you know.
Plus, I am pretty sure they have a way of checking up on your previous car insurance.

Better idea:
Get liability only.
You can get this for practically nothing.
Drop the full comprehensive and collission insurance.
And get a high deductible such as ,000
This way you are covered – but if your car gets a scratch in the parking lot – you’ll have to fix it out of your own pocket.
Note: I pay about 0 every 6 months for liability only.
/

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Why has car insurance tripled for young drivers recently ? UK?

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Question by Bob Drysdale: Why has car insurance tripled for young drivers recently ? UK?
Hi Im 18 looking for car insurance and the cheapest I can get is around 7 thousand? When I look at newspaper reports I see things like new drivers may have to pay up to £2500 I haven’t seen one quote which is even remotely that cheap because I would happily pay that but £7000 and over just isn’t worth it.

Id there any reason for this because according to some people it was ALOT cheaper only a few weeks ago. Some people have suggested it could be the weather conditions.

Best answer:

Answer by MARTYN
Its based on statistics.

You fall into a high risk category and far more likely to have an accident than an older driver.

Also the Insurance Companies have been paying out a lot more due to “organised claims”.
And also paying out for accidents by uninsured drivers.

Add your own answer in the comments!

Q & A: “D” we can find m nde? S auto insurance quote in California?

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Lucilia place Question : “D” we can find m nde? S for quote? N Car Insurance in California D? Nde find cheap California car insurance quotes? ? Cu? Much time later? S the establishment of auto insurance premiums do not go up? Please help Best answer:. response


dating m? S? economic security? Economic depends on your lifestyle and situation? n. For example: If you have good credence, history of conduction? N excellent, and has between 26 and 59, Allstate Insurance is probably m? S? declaration? n. However, if you have bad credence, are m? S? an accident or speeding ticket? in? last 5 years or less 26 to years or m? s? 80, you can? To be m? S progressive? economico.Dopo demand, the premium increase? the renovation? n.

know best? Leave your answers in the comments!

? Why? bill of health insurance compared to auto? vile?

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Question Canadian media :? Why? ? bill of health insurance compared to auto? vile None? ? Forced to drive, but we are forced to buy health insurance best answer: Sun response Dino
know better? Leave your answers in the comments!

? Qu? p car, or company? insurance to the UK?

Car 1 Comment
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by < / a> Mattfox14 ? di? the full license and I have 18 few years and the appointment of 2500? . By comparison sites? N best answer: chriton response

John


? Qu? do you think? Answer below!

Q & A: The auto insurance? Vile cost for drivers j? Venes? autom? vile low cost insurance rates really the best?

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Question : cheap car insurance for drivers j? Venes? autom? vile low cost insurance fees that really is the best best answer: freecleaningbid.com


all depends on us? est you? trying to achieve. I found a website that help? Expensive? find auto insurance? vile at low cost.

Leave your answer to this question below!

I am from Ireland and going to Orlando on I need auto insurance hols.do? vile hire?

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by UggBoy UggGirl ♥ [ PHOTOS: World: SENSE] Question k : IM Ireland and held in Orlando hols.do car insurance I need for my rental car ? best answer?. Sun Answer Guy NOLA S
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Why should men care if women get paid LESS, if they don’t give a DAMN about unreasonable car insurance for men?

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car insurance for women
by _cobb

Question by AllorNothing AKA The Black MikeT: Why should men care if women get paid LESS, if they don’t give a DAMN about unreasonable car insurance for men?
Well the whole argument with women when asked about male car insurance an how they feel about it:

“too bad”

“that’s just how it is, deal with it”

“men are irresponsible”

“who cares not my problem”

“statistics say most men can’t drive as safely as men”

So why should I care if women are getting paid less since:

Women are usually less productive than men

Women want to to be flirtatious in the workplace

Women are always suing for sexual harassment

Women have to call off to take have kids or take care of kids.

And I could just use all of the above:

“too bad”

“that’s just how it is, deal with it”

“men are irresponsible”

“who cares not my problem”

“statistics say most women can’t work as efficiently as men”

So why should men care?
Women pay MORE for health insurance?

Women PAY MORE for health insurance????

I BET YOU A 0 dollars That:

Male vs Female Health Insurance

is not proportional to

Male vs. Female CAR Insurance

So it does not “make up” for jack S#it
ERrrr safely as women lol I messed up
“women are irrepsonsible”

I need to proof read before submitting lol

Best answer:

Answer by dark eyes
Statistics show that men are more likely to get in a wreck, speed and do crazy things with their cars while they’re either A) Under 25 years of age, or B) married and starting a family.

People with a low credit score pay higher costs.

People that already have violations are going to pay higher costs…all this based on statistics.

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Q & A: Do I have to get auto insurance? Vile rent if you do not have car insurance?

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Question kiki : Do I have to get auto insurance? Vile rent if I have my own car insurance I plan to sell my car and cancel my auto insurance? Vile? . If you want to rent a car, I have obligated? No purchase your own rental car insurance, as it has no auto insurance? Vile others differently? If I use my Discover card to rent the car, Discover give me? Collision? No waiver gives kids to, 000. I to tell? To be safe Best answer:

response depends on d? Nde is, if most? To the likey. Really? should not cost much anyway.

I need ‘to purchase insurance (da? you for collision? ny theft) for a car rental in Ireland?

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Question Moe : the need E ‘buying insurance (da? you for collision? ny theft) for a car rental in Ireland best answer : response


rental cars and vans in Italy and have always included insurance. makes sense to do as I am not sure c? mo can get insurance for a few days they. Just bring your driver’s license and passport.

? Qu? do you think? Answer below!

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