by wilang » Wed Sep 29, 2010 07:59 pm
Husband & wife, 63 & 64, PA residents with 3 cars were both on car insurance policy. Wife no longer drives and no longer licensed. Shouldn't the insurance cost go down? Also, aren't men and women charge the same rate?
Posted: Wed Sep 29, 2010 08:34 pm Post Subject: How does auto insurance work?
Husband & wife, 63 & 64, PA residents with 3 cars were both on car insurance policy. Wife no longer drives and no longer licensed. Shouldn't the insurance cost go down? Also, aren't men and women charge the same rate?
Posted: Wed Sep 29, 2010 08:49 pm Post Subject:
Shouldn't the insurance cost go down?
If she is not longer listed on the policy, probably.Also, aren't men and women charge the same rate?
No. Their driving habits differ. Young women get into less accidents then young men. Older women get into more accidents then older men. So the rates are adjusting accordingly.Posted: Thu Sep 30, 2010 04:19 am Post Subject:
Hey tcope that's good info..
You probably meant to say that we women need to pay more as we move up! If that's it, then you've cautioned many a driver like me..
Posted: Thu Sep 30, 2010 04:29 am Post Subject:
Quite often we forget to inform our carrier about certain changes (in time) that we should. If we're negligent, it's not the fault of our carrier and it gets late for us to realize our mistakes.
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