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UPDATED 05/08/2005: Before posting car insurance questions, please check Unknown Shopper's Guide to Handling Car Accidents (his reply to a typical thread) and some of the related threads posted below:

Rating insurance companies based on reliability
NEW!Applying for new Auto Insurance / California / speeding tickets
NEW!Geico is Back in NJ
NEW!Car and Insurance for Teenage driver

CLAIMS-RELATED COMPLAINTS AGAINST INSURERS:
Insurer only pays 65% of accident claim value
Filing a claim with your auto insurance vs. paying for repairs out of my own pocket
Where can I find rating for auto insurance company?
Car Accident: Pay out of pocket or Claim w/Insurance?
Claim Problem re hailstorm body damage
Low-Ball Payment By Insurance on Fender Damage
Shopping mall parking lot damage claim

COMPARISON SHOPPING STRATEGIES AND TIPS:
Strategy, Claims, Coverage, Databases
Car wrecks, insurance and police reports
Dissecting Auto Insurance
Is your auto insurance deductible recoverable?
Costly Auto Insurance - Comparison Shopping
Auto Insurance for 2003 Dodge Neon $3003.00 (NJ) I have a clean record
Auto Insurance GEICO vs AMEX: should I switch?
My car insurance premium raised 20% because of lowered credit rating
My car insurance provider doesn't offer my discounts anymore
Car Insurance Comparison Shopping suggestions
Student Car Insurance, age 17
Car insurance quotes w/o credit pull?
Filing accident claim: impact on premiums?
Negotiate with your insurer for lower rates based on your high credit score
Diminished value from accident

Insurance Quotes: hard pull?
Car insurance needed to sell car?
"Best Company" discussion
American Express/Costco insurance
Rate Comparison Shopping After Accidents: C.L.U.E. claim record and other issues
New Honda Civic: alarm mandatory for comprehensive coverage?
Mandatory disclosure of traffic violations?
Which coverages to reduce to save money?
Leased Car insurance rate deals?
i21 Insurance: should I volunteer info re 3-year-old Accident
Brooklyn NY: GEICO policyholder premiums doubled due to newly-licensed 17-year-old motorist son
College Student Commuting with Grandpa's Car without being added to policy
Insurance Premium Survey of Fatwallet Members
Credit Card-provided Rental Car Coverage restrictions
Comparing Companies and Rates
Amica Insurance discussion
Opinions re State Farm, American Express, AAA, Progressive, USAA et al.
Percentage at Fault disagreement
19 yo motorist dropped from parents' USAA policies
Young motorist dropped from parents' policies
Hit-and-run claim hassles re new Jaguar, insurer didn't send check to body shop

Updated with additional links 07/24. Please PM me with more links or suggestions.
Car Insurance Deal: Comparison MarketYMMV
Car insurance for college student with no car?

Selected Auto Insurance Carrier web sites:
Allstate Insurance
State Farm Insurance
Farmers Insurance Group
Geico Insurance
Progressive Insurance
Safeco Property & Casualty Insurance
American International Group auto insurance

Member Summary
Most Recent Posts
i need auto insurance ASAP the cheapest one possible and i really cant afford to pay much off hand whats the best way ... (more)

lilassasin (May. 13, 2005 @ 12:13p) |

Posting some interesting links for fellow NJ car insurance shoppers:<br><br><a target="_new" href="http://www.fatwallet.... (more)

PennyPincher57 (May. 28, 2005 @ 10:13a) |

bump

geo123 (Jul. 21, 2005 @ 10:26a) |

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.
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thanks for putting together all the links.

Can mod pin these useful FAQs at the top of Page 1?

deal2seek said:

<< Can mod pin these useful FAQs at the top of Page 1? >>

Great suggestion. I think it has been made before, but is still worthy to consider. If they could be place at the top they would be far easier to locate for newbies and hopefully avoid the many re-posts we've been seeing.

Please ask your questions about car insurance in this thread!

Keep in mind that the auto insurance industry is almost entirely exempt from Federal regulation due to a 1945 act of Congress; accordingly, each of the 50 states has different insurance laws and regulations.

Here are some recent posts on auto insurance:
Auto Insurance During Learner's Permit Time
New Jersey Auto Insurance, 19-year-old with sports car
Indiana Auto Insurance
Dissecting Auto Insurance Coverages
Amica Insurance
New Jersey insurance rate headaches

Happy reading!

PingPingFuu asked in Car Insurance registered in one area but car operated in another area

<< I am in NYC and noticed a lot of cars come from out of state plates but their pwners seem to be from NY. How does that affect insurace? Some one told me that if they get into an accident or their car is stolen their insurance will not cover it because it was fradulant.

I am not advocating fraud so this is why I wanted advice from you guys. I am from upstate so I do have a residence in upstate ny where insurance rates are 75% cheaperand am there every weekend at least and often there at least 30% of the time. But since I work in New York City and reside there during the working week I was told I need insurance here. What are my options? Is it true if I keep my insurance form upstate I will not be covered in case of an accident?

Also forgot to mention: I only use this car to go upstate as well, as I cannot drive to work, I takes 15mins-1/2 hour longer to drive then it does to take the train.
>>

This is a very difficult question to answer. My rule of thumb would be, where have you established your true and permanent residence? If your driver's license, voter registration, and major bills (i.e. credit cards, bank statements) are at your household in upper New York State, you might be able to satisfy the residency requirement - but keep in mind this is not legal advice and I don't know the intricacies of New York State insurance law.

If your vehicle were stolen, vandalized, or in an accident in New York City and the insurance company investigators determined that the vehicle was primarily parked in NYC rather than in upstate NY, you might face an embarrassing challenge by the claims adjuster and might find your coverage cancelled after a claim. Worse yet, they could conceivably "blacklist" you in the insurance-industry database with fraud allegations.

I don't envy you the situation of prohibitively expensive NYC auto insurance, particularly since (as you state) you avoid driving the car for commuting purposes or anywhere around NYC. Unfortunately, from the insurance company's point of view, I think the key element is, where is your car PARKED the majority of the time.

Wiseguy commented:

<< last time i checked, upstate ny was still part of ny >>

Timbo64 remarked:

<< You should check with your insurance company. Anyone here can offer their opinions but if you get into accident and your insurance company finds out what you did, THEY are the ones to decide whether to cover you. >>

DeGlass responded to Wiseguy:

<< you are SUPPOSED to state your real ADDRESS of residence on your declaration. If your ins co finds out your real residence is not where you've reported, they have every legal right to deny your claim. WHETHER your ins co finds out is another matter >>

PingPingFuu replied:

<< But upstate is my real address, where I actually own a place, while down in NYC I am renting. >>


PingPingFuu,

my original comment was addressing the out-of-state plates u see in NY. Basic insurance is usually state specific with out of state occurrances covered under some type of supplemental. I am not advocating insurance fraud, I was just pointing out that ur idea of insurance coverage doesn't make sense. for example, let's say u take ur car with coverage in nyc out to a beach on long island for the weekend. if something were to happen to ur car, according to ur logic, it would not be covered.

As PingPingFuu and WiseGuy have noted, NYC appears to have a huge number of vehicles with out-of-state license plates.

It's possible that many motorists are willing to run the risk of insurance cancellation (in the event of an actual accident or claim) in order to have affordable car insurance.

The situation PingPingFuu described is not clear-cut. He apparently has a full-time job in NYC but does not commute to work and rents an apartment. He owns property in upstate NY and states that he considers that his permanent residence.

It isn't clear to me whether he could convince his insurance company that he is a bona fide permanent resident of upstate NY rather than NYC - he probably should discuss this with his insurance agent, and be prepared to provide clear evidence of this. Among items which would be proof of intent would be:
1. Drivers' license address at his permanent residence;
2. Voters' registration at his permanent address AND a record of actually voting in his precinct for his permanent address;
3. Copies of bills he receives at his permanent address such as homeowners' insurance, utility bills, bank or CC statements.

He should also make sure his insurance company understands that he does have a secondary part-time residence in NYC, which he regards as temporary.

The insurance company may still determine that he is a de facto resident of NYC, but if he has clear and convincing evidence of his true residency, he should have this confirmed by the insurance company BEFORE he ends up in an actual insurance claim situation.

I have no doubt auto insurers have "caught on" to NYC motorists who abuse the system by registering and insuring their vehicles in other states to avoid NYC's prohibitive insurance costs. The claims adjusters probably can be real nasty to those folks who they believe are lying about their true residence, and in many cases may cancel those folks' coverages and report them to insurance-industry fraud databases.

Auto insurance comparison shopping is complicated by some of the following issues:

1. The fine-print details of insurance company policies may vary substantially between providers. Most of us aren't schooled in insurance-company underwriting practices or insurance law, and few of us will actually sit down and conduct a detailed side-by-side study of the provisions of Insurance Company A's policy with those of Insurance Company B. The coverage types and amounts could be identical, but the specific particulars of policy coverage can vary widely between carriers.

2. The difficulty of obtaining reliable, objective information about how insurance companies service their customers' claims. It's difficult to reliably compare the customer-friendliness and customer-satisfaction levels of different companies.

Please chime in with any suggestions you might have on how a comparison-shopper can address these concerns.

This posting is great, but I had a hard time finding it. I think if you add the word "auto" in the title, a lot more people can find this posting. I noticed that there are a lot of grouchy old time posters in this forum. At least the last grouchy poster gave a link to this posting...after the typical "do a search idiot" remark <img src="i/expressions/face-icon-small-happy.gif"border=0>

anyone care to find the windshield damage thread (if there is any) and put it up here ?

This thread has been updated - thanks for the suggestions! Keep submitting your suggestions.
Car catches fire in Mexico, Insurance will not cover

Anyone have any info on non-owner auto liability insurance?

For example, if a NYC resident (who doesn't own a car) rents a car, his credit card would cover damage to the car, but he has no liability insurance (for damages to someone else's property).

I'm trying to decide if this is something I need and the price ranges. (the online insurance sites require a car make and model to get a quote).

Thanks.

Slappycakes: to be honest, that is a really good question. In the past, rental-car companies were required by law had to include underlying basic liability insurance coverage - but in recent years, I believe the laws have been changed allowing rental-car companies to totally shift all liability to the renter.

I'm going to do some reseach into this - and invite others to chime in as well.

I have a slight variation on the 'low-ball offer' theme. My insurance company cut me and the body-shop a lowball check saying that by checking some database that my vehicle could be fixed with used parts with the money they sent. If there was a problem have the bodyshop contact the adjuster. Has anyone heard of this so-called 'parts database'? Should I have to settle for used parts in fixing my car?

Thanks!

Bird334 said:

<< Has anyone heard of this so-called 'parts database'? >>


It's computerized.


<< Should I have to settle for used parts in fixing my car? >>


Pretty much, unless it was a new car, as you're only entitled to Like Kind & Quality (LKQ) parts.
If you this doesn't fancy you, you can always foot the bill yourself and fight it out in small claims, which takes time and money and the ins co is well aware of that.

Check out Dec 2003 Kiplinger Magazine for Auto Insurance comparisons for the 2004 models. See pgs 104 to 123.

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Bump to keep alive. Very useful thread.

Great post! Have asked mod to pin this again, hope they do so.

Bump cause my insurance is gonna renew this month and I'm gonna reveiw my options before I pay for another year of coverage.

I lived upstate new york and was ratejacked to NYC rates becuase I dould not provide a phone bill with my upstate adress.

the Insurance company would not acept CC bills showing my upstate NY address.

I knew I was moving to Nj about towo months after this happened, so I just let it ride at the higher rate until I changed over to NJ insurance.



veryhungry said:
I lived upstate new york and was ratejacked to NYC rates becuase I dould not provide a phone bill with my upstate adress.

the Insurance company would not acept CC bills showing my upstate NY address.


Good for the company. Credit card statement does not confirm a residence. They should have made you show a deed or utility bill from up there to confirm. Could you have done that?

As someone who had to underwrite NY auto business at one point in the past, I have seen the scammers. Sure, they ruin it for everyone, but you have to understand that the company has to protect itself.

huh?

This thread is being updated. Thanks for your feedback and patience.

overama said: [Q]veryhungry said:
I lived upstate new york and was ratejacked to NYC rates becuase I dould not provide a phone bill with my upstate adress.

the Insurance company would not acept CC bills showing my upstate NY address.


Good for the company. Credit card statement does not confirm a residence. They should have made you show a deed or utility bill from up there to confirm. Could you have done that?

As someone who had to underwrite NY auto business at one point in the past, I have seen the scammers. Sure, they ruin it for everyone, but you have to understand that the company has to protect itself.

Is it reasonable to have insurance premium for $5000/year for full coverage in the Bronx, NY? I had no tickets, no claims for the previous 3 years when I had my Liability only coverage for $800/year, plus the car was garaged. I did not think so. I would have been paying more in insurance payments than I was paying for a new car. I ended up registering the car in Upstate (Stony point, NY) for $1600/year for full coverage. I had a credit card bill go there, and a friend gave a "Lease." Insurance company had no negative precedent to give me such a high rate and forced me to lie. I ended up moving out of the Bronx to CT shortly after that, but that precedent left a sour note. Funny thing is, years after that, my car was stolen in the Bronx while visiting. The insruance company made me jump thorugh hoops to prove that I haven't lived there for years. the insurance companies may deny coverage if they suspect or find a reson to think that you were lying. Beware!

Edit: an after thought. Had I put all of my premiums in an ING account over they years, then subtracted the amount that insruance company paid for the stolen truck, I would still end up with $50,000 in cash, and earning interest on that. I think CT allows self insurance, but you have have proof of liquid assets to cover state minimal requirement of $25,000/$50,000. This may be a money saving option to the person int he other thread who has over $100,000 in his ING account from 0% Balance transfer credit cards. although, if somethng were to happen, he would have been wiped out, lol.

Nice topic.

Thanks OP.

blueiedgod said:
Insurance company had no negative precedent to give me such a high rate and forced me to lie.

Yes, they did. You lived in the Bronx. The risk is higher there for EVERYONE, not just you, so unfortunately, everyone there pays a hgier amount than, say, upstate NY, where the overall risk is lower.

Remember, your insurance rates are not based just on you - they are based on a group - it's the basic concept of insurance - speading the risk among many to pay for the claims of a few. Most will pay alot of money and never have a claim - but the few who do will be covered. If you happen to be one of those few, you will count your lucky stars.

Hi All,

A guy that ran a redlight totaled my Wifeís car and he has been sited for the accident. This is the first time either of us has ever been in an accident. Are their any good websites that tell how to get the most for your totaled vehicle? We had plans on keeping the car for about 7 more years and the incident is now changing our former financial plans to incorporate the new spending. How do I get what's coming to me and not get ripped off. I know the other insurance company has two adjusters, one for auto and one for medical. Is this a ploy to separate the two in order to have them pay out quickly for medical and not pay quickly for auto? I believe that the other insurance company will also try to give us the loan amount on the car at first. What the best road to get the full amount it is worth? Iím sooooo glad my Wife is Ok, now how do we make sure we donít get screwed?

Thanks!
Yoshi

yoshi78 said: [Q]Hi All,

A guy that ran a redlight totaled my Wifeís car and he has been sited for the accident. This is the first time either of us has ever been in an accident. Are their any good websites that tell how to get the most for your totaled vehicle? We had plans on keeping the car for about 7 more years and the incident is now changing our former financial plans to incorporate the new spending. How do I get what's coming to me and not get ripped off. I know the other insurance company has two adjusters, one for auto and one for medical. Is this a ploy to separate the two in order to have them pay out quickly for medical and not pay quickly for auto? I believe that the other insurance company will also try to give us the loan amount on the car at first. What the best road to get the full amount it is worth? Iím sooooo glad my Wife is Ok, now how do we make sure we donít get screwed?

Thanks!
Yoshi

Go to www.edmunds.com look for the "real world prices" thread. Fine Terry, I think he goes by rroyce, he will give you the trade in, and retail for the year, make, model, trim, options, and condition of the vehicle before the accident. If you owe more on the car than it is worth, then you are screwed. You can not blame anyone for that. This is what GAP insurance is for. If you had a rare vehicle, let's say a 1999 Honda Civic Si, in Electron Blue, then the current selling prices of that vehicle are very high. Personally, I would never buy a 5 year old Civic for $14K. Anyway, if you have one fo those rare cars, then you can demand that the insurance company pays what the current retail is, rather than the amount they found in a book.

Good luck.

FAQ is updated and more updates are on the way..... thanks for your comments.

Just curious if you guys know of which insurance companies offer coverage to someone with a drivers license in one state and a vehicle registered in a different state.

The only ones I found were Progressive and State Farm.

Thanks for the great post.

I just switched to the Costco AMEX insurance and will save $455 per year. Not a bad savings for 30 mins on the phone.




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