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Originally Posted by future240
My father insures my car.
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First, let's the the terminology straight. You can be self-insured, which means you don't pay an insurance company, or you can be insured by a licensed insurance company.
By saying your father "insures" your car, you're saying he's responsible for paying. This is not quite correct.
You should say your father is the policyholder, and he lists your car on the policy to be insured by the insurance company.
Quote:
Originally Posted by future240
Before I had a 1989 jeep cherokee, now its a 1988 Maxima he said before I got on the insurance his bill was like 150 for my mom's 02 altima, and his 05 silverado, my part of the bill with good student discount is 535 every 6 months.
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Once a bunch of drivers and cars are lumped into a policy, it's very difficult to know what each driver and each car is paying. Everything is related and you may pay more or less under your own policy.
Quote:
Originally Posted by future240
I have a fender bender ticked that comes off my record in december.
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FYI, convictions NEVER come off your record. They may come off your DMV driving record, and by law in some states the insurer cannot consider driving history past a certain period in time, but generally, once the insurer knows about your record, you can be sure they will never forget.
Quote:
Originally Posted by future240
If/when I do get a 240 more than likely 95, what will insurance look like?
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Quote:
Originally Posted by g6civcx
Every company has a unique algorithm to determine risk based on hundreds of thousands of variables.
As you can see, there are hundred of thousands if not millions of variables for each person. Each insurer has a computer that calculates the premium based on your coverage.
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The short answer is no one knows until they run your profile through the computer algorithm. Underwriting a policy and calcuating the premium is EXTREMELY complicated.
So sorry, I can't give you answer because no one knows.
Quote:
Originally Posted by future240
Do things like defensive driving classes, and things of that nature actually have a significant impact on insurance?
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Maybe. Some insurers take classes to mean that you're trying to learn and improve. Others may think you're trying to cover up.
It's totally dependent on the individual insurance company.
These questions are better suited to be directed at the insurance companies themselves when you're shopping for quotes. It's like you're asking me how much McDonald's and Wendy's charge for a cheeseburger. You're better off asking the vendor directly.