Q. I live in Pennsylvania, got pulled over by a state trooper for speeding. The officer told me i wasn't getting any points insurance-wise but there's nothing on the the ticket that confirms or discredits what he told me.
A. Points have nothing to do with insurance. Points are used by the DMV to track your driving history and determine if you should be suspended.
If you were issued a ticket that is a moving violation of state law, then that will appear on your driving record. Even if there are no points, your insurance company could raise your insurance rates.
If you were issued a ticket that is a moving violation of state law, then that will appear on your driving record. Even if there are no points, your insurance company could raise your insurance rates.
What is the point of insurance if they make you pay part of it anyway?
Q. I thought insurance was so you wouldn't have to have massive bills pile up when something happens. Whats the point of insurance if they just make you pay a huge portion of the bill anyway? Screw insurance...
A. The point of insurance, is to transfer the HUGE portion of the bill to them. You still have to pay a small portion of the bill. How much? Well, that's up to YOU!
You agree to which portion you pay, UP FRONT, when you first buy the insurance. If you want a low deductible policy, you pay more for that. If you want a low cost insurance, that shifts more of the claims costs to you.
Pretty simple. You're mad at the coverage you chose. That's not the insurance company's fault.
You agree to which portion you pay, UP FRONT, when you first buy the insurance. If you want a low deductible policy, you pay more for that. If you want a low cost insurance, that shifts more of the claims costs to you.
Pretty simple. You're mad at the coverage you chose. That's not the insurance company's fault.
What is the point of health insurance any more?
Q. I used to have good health insurance where I'd pay monthly, a small co-pay and that's it. Now comparing plans (self employed) they all seem to not cover catastrophic events like hospitalization (isn't that the point of insurance?) or don't have a co pay option you just pay out of pocket until you reach your insanely high deductible, or it costs a crazy amount to have these options. I don't get it, what is the point in paying a monthly fee for little in return?
A. doesn't sound like you've used your insurance very much;; health care costs are going up, more is also going out of these insurance companies..everyone gets a little more to give out to cover expenses, while the people in the field are truly not getting these high wage increases;; the catastrophic event, if realistically looked @, will surely cause a great more sum of what your "insanely high" deductible; just a simple inpatient hospitalization can cost tens of thousands of dollars;; then, lets talk follow-ups from that hospitalization, the meds, etc...these days, businesses that have the access are allowing their employees to chose from a few different policies..it's up to you to chose which one fits your needs..medicare even does this these days..gotta do your research...if your business has only one option, it's your 'option' to chose a different business to work for..hope this helps, but it only touches on the reasons to have.have not health insurance..& ya truly NEVER know when something will happen to you medically..even people who think they are @ their prime re: health, have fallen into oblivion with what just happened to them;; almost like saying if you are a good driver, ya don't need car insurance..simply just not true...
Can you surrender for voluntary repossession of your car after an accident?
Q. my mom's car was in an hit and run accident just right now. She was planning to surrender her car for voluntary repossession of the car since she can't afford to continue to pay.
Since it got in an accident, instead of paying deductable to have the car fixed, can she just call for voluntary repo at this point? insurance claim has NOT been made yet. The police report has been made but that is insignificant since no claim has been filed yet
Since it got in an accident, instead of paying deductable to have the car fixed, can she just call for voluntary repo at this point? insurance claim has NOT been made yet. The police report has been made but that is insignificant since no claim has been filed yet
A. Of course you can. If the finance company wants the car, they have to take it in its current condition. You have no obligation to pay for repairs, but know that, in most cases, that car will be auctioned off, and your mother will be responsible for the difference between what they get at auction and what she still owes on her car loan. She will probably be sued for that difference and if she doesn't pay, she will likely have her wages garnished until it is paid in full--which will be forever because there are always new charges and fees, etc. added to the amount owed.
Somehow, this is all legal for them to do to people, making them pay for a car they aren't allowed to keep, but nevertheless, this is the scenario, sorry to say.
Somehow, this is all legal for them to do to people, making them pay for a car they aren't allowed to keep, but nevertheless, this is the scenario, sorry to say.
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