Insurance Tip of the Day

Shop around at your 19th, 21st, 23rd, and 25th birthdays. You see a premium reduction at that age. Compare it to your current insurance company, and threaten to cancel them if they don't change your age mid-term to lower your rate. Depending on your tenure (how long you've been with the company) they might make an exception and change it mid-term and give you the better rate on your birthday (instead of your renewal) to keep you as a customer.

It doesn't always work, but sometimes it does, and even if it doesn't, you should see a decrease in your insurance rates anyways due to the new age.

Woot! I didn't know there was one at 23 also! How much of a reduction are we talking? I'll be taking out insurance this year for the first time as a 19 year old but I have 4 points more :(.

say hello to sky high insurance if you get a vr4....get a quote before you buy!

23 isn't a huge decrease, it's pretty small, but it's there.

Lol I thought so but I seem to remember getting one for the hell of it when buying insurance for the SL and it wasn't crazy high. Could it be massachusetts has one good thing about it!?

why do they lower it when your over 21 an so on?

that's an easy question.
more experience. you have been driving for a few years, and have more experience. 21 year olds have a MUCH less chance of causing an accident than let's say 16 year olds.

Hey Gateway,
I was hoping you could answer a question for me. I was in an accident and didn't tell my insurance company (I didn't have collision, so I sucked up the loss). However, I landed in someone's yard and they made a claim against me. It seems like the insurance company is going to handle it but I wanted to know if it would raise my rates. The person I talked to said that she didn't know if it would. Thanks.

yes it will, most likely

Hey gateway, I had a quick question, will insurance companies cover mods? or no????

nope

k thanks man - thats what i was figuring - It never hurts to ask though.....
I am always seeing the youngins gettin their cars peeled off trees an shit - totally understandable!

:P

I thought that if you told your insurer they would cover it.

they never cover mods.

do you know why, or is it just one of those commonly known things that no one asks about??? thanks again

well mods cost more than stock replacement parts, so if they covered mods your insurance would be alot more expensive.

Hey, does insurance companies have insurance??? LMAO :p

i know that u can get like aftermarket parts put on like for say u get rearended an ur bumper cover gets tore off - u can buy a kit bumper if its equal - i know alot of people that of done stuff like that - its not like its illegal - its just replacing the car with something different - not like its costing more - but most of the time they end up having to pay themselves to get it painted

Hey, does insurance companies have insurance??? LMAO :p


:icon16: That is a good question tho... :screwy: that's a thinker!!!

lol