Case Studies- Auto Insurance

by DV360 » Fri Jul 10, 2009 09:43 pm
Posts: 66
Joined: 09 Jul 2009

How about this
Lets make different case studies which might hep the visitors to this site. A case study will reflect what a typical person is paying for his insurance and help me to compare his background and rates with other members. The aim is to just give a better judgment to make sure you are not paying more than market rates.

Do let us know the following

Primary Person/Drivers Age:
Additional Members if any: Age
City & State of residence:

Name of your Insurance:
How long have you been with them:

Your premium per month/6month
Any other policies combined? Renter/Home Owner etc

How many cars do you have:
1- Car Year- New/ Loan ( Full Insurance/ Liability)
2- Car Year- New/ Loan
3- Car Year- New/ Loan

Any accidents Violation- ( Brief in couple of sentences)
Any Claims ( How many , $)

Comments:

Total Comments: 2

Posted: Fri Jul 10, 2009 09:51 pm Post Subject:

Primary Person/Drivers Age: 25
Additional Members if any: Age 0
City & State of residence: Houston,TX,USA

Name of your Insurance: Unitrin Direct
How long have you been with them: 2 1/2

Your premium per month/6month - $ 767
Any other policies combined? Renter/Home Owner etc NO

How many cars do you have: 2
1- Car Year- New/ Loan ( Full Insurance/ Liability)
2001 Mits Eclipse - Liability- Owned
2- Car Year- New/ Loan
2009 Nissan Versa- Full- Loan


Any accidents Violation- ( Brief in couple of sentences)
1 speed ticket 2007
1 failure to stop- 2009

Any Claims ( How many , $)- 2
1 minor accident June 2007, fault on my insurance ( $ 900)

One open claim pending March 09. Most probably fault on my insurance


Comments:

The original premium was 980 bucks and they went down when I negotiated and told my rates were low with other firms. Another discount was paying in Full 6 months.

Hope that helps

Posted: Tue Jul 14, 2009 07:35 am Post Subject:

Okay Design, auto insurance premium rate normally reduces once the policy holder reaches the age of 25 years. May be the drop in the premium rate that you have experienced is because of that.

However, it is nice to know that you are experiencing lower rates. :)



Thanks,
Rupert

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