I agree with him but I don’t agree with last one axing my girl friend on my policy I put my self and for a full cover and i pay 240.00 per 6 month I my girlfriend credit score
Great tips. I've made that mistake keeping the same insurance company for years and now I have an insurance broker that shops for me and on my first year I saved almost 1000 bucks a year for my home owners insurance and auto insurance combined!!! And my insurance broker keeps an eye out not only for discounts but to make sure I'm getting the coverage I need. Nothing less or more.
Thank you, I just turned 18 and it’s a blessing that there’s ppl like you who are willing to teach these things. I have a long ways to go for that age discount haha Can you do a video on a checklist for new “adults” regarding finances? Things I can do now that’ll set me up well for the future like building credit
Absolutely! Cutting down your car insurance premium can lead to serious long-term savings. Even small reductions add up over time. By finding affordable coverage, like Insurance Panda’s $25/month car insurance, you could potentially save thousands over the years. It’s definitely worth shopping around, reviewing your policy regularly, and looking for discounts-it’s an easy way to keep more money in your pocket!
I am a licensed insurance agent I have my license in over 20 States. One thing that will affect your rate negatively is if you switch every year. Most companies take into account how long you stay with the same company if you switch every year you will never reach your true savings potential. I recommend switching every 5 years to get the best rate. Although tickets typically fall off after 3 years they are still under written for for 5 years. So although you don't see a surcharge for them they are still taking into consideration for five years.
Not if the new company doesn't know about those tickets or whatever and they're only going off the DMV report! Thank God. There's a reason for the law.
Having your insurance come down at 25 is a myth. What companies are really looking at is how long have you had your driver's license. Since most people get their driver's license at 16 or 17 the reason you start seeing rates come down in 25 is because you're starting to show that you have driving history. Two people 25 could have the exact same profile however one could have had a license at 16 and one could have gotten their license at 20 and their price will be very different.
9 YDE, Years Driving Experience. In your 10th policy period (with no points, violations, or claims). And as far as premium increase goes, nobody is screwing over long time buyers. What pushes premium is the cost of cars, repairs, and emergency medical care. There are two kinds of insurance companies: those in the business of paying claims and those in business to make money. The difference in coverage is stark. I don't know who your guy is, but I'm an insurance agent and a lot of the stuff you said is just parroting what people think they know about how it works, but don't. The biggest myth is that all insurance is the same but with different prices. It's not. You get what you pay for. If you're with a low cost company, somewhere you're sacrificing coverage to save premium. Period. Not all policies cover the use of other people's cars, not all policies cover someone else driving your car, not all policies provide rental reimbursement (or to the same limit for the same number of days), many policies only provide roadside assistance in a claimable event (excluding mechanical break down), most policies do not have contents coverage. Not all policies waive comp deductibles on glass... And many, many more. Know what you're getting. Know what you need and why. Then pay for it. If you're driving a 2019 Ford F150 Raptor and your insurance is $70 a month, you're gambling big and don't even know it. Premium is about risk and nobody is risk free. High deductibles keep your premium lower, but also throw a wrench in the works when someone hits your car in a parking lot and leaves you with the bill. State minimums might get you on the road, but they're also a huge gamble if you hit someone or end up the tail person in a multiple vehicle collision during rush hour. When your insurance tops out, your assets come next, starting with your checking account. Know what you're giving up to save $30 a month. Seriously.
@@codacreator6162 i fully agree however my one concern is with the notion that you get what you pay for and this isn't always the case. From my experience certain companies offer better prices for the same coverage but I definitely see people lowering coverages for the sake of saving money. I also find the 12v6 month debate insanely bad advice. Some companies in my state don't sell 12 months but they are still significantly cheaper.
@@giannyniebla1996 12 month policies are more of an advantage to consumers then insurance companies. Violations and claims take a longer time to reflect on your premium. However, they do fall off faster when you are on a six-month term.
@@couponuser Violations, and accidents are both reflected for the same amount of time. Now certain companies look back 3 years while others look back 5. As for annual policies being superior although when the option is preset it can be a cheaper alternative. In Forida around 50% of companies only offer 6 month terms and you shouldn't ignore them just because of this simple fact. If the company offers both this could be a good idea as some offer discounts but the point I wanted to make is don't pay an extra 50 a month just because it is annual.
@@giannyniebla1996 If you're considered a high-risk driver (i.e. you're filing claims every 1-2 years), being on an annual premium might be better. The current rate is locked in for the entire term. This gives you time to prepare financially for the expected surcharge at your renewal. With a six-month plan, you'll see the increase almost immediately.
The government forces you to have auto insurance and the insurance companies take full advantage of it. I had progressive auto insurance and in 3 years they were charging me almost double from what it started out at. No tickets no accidents just corporate greed.
Can you afford to replace your whole car and or somebody else’s $500,000 car? Since most people don’t have $500,000 or more that’s why you need insurance.
@@zachsheffee8458 be quiet... I'm 39 years old, And the only accident I had cost 250 bucks to fix. My insurance goes up regardless. I want my money back. I rather have that on the side and pay when I get in an accident. There is no such thing as an insurance covering you 100%.. even when it's full coverage, if you kill someone.... They will garnish your wages for life. Dip into your assets if you have any. Insurancees are nothing but goddamn frauds.
If you’re in an accident that wasn’t your fault, and the other persons car insurance pays for the damage, does your insurance know/care? Will it affect my rate?
Thank you so much, I'm really glad that I stumbled upon and chose to watch your video. You definitely answered a major question that I have had for a while now.😉
While an insurance broker is convenient for getting quotes, it's the exact opposite when you need service on your current policy. In most cases, the insurance company does not have your account information,. You have to contact the broker directly to take care of cancellations, paying bills, or maybe even filing a claim. Speaking of claims, this is another area where issues can arise. I've seen quite a number of UA-cam videos complaining of poor service overall with claims handling. The insurance company will direct you to the broker, and vice versa. And if the broker goes out of business, you're pretty much out of luck unless the business was transferred to another company,
In my experience, going through insurance agents are way better than a call center based insurance company. I prefer the personal experience as opposed to some random person in a call center.
I Brian gode will say on car insurance be sure you deal with volks who care where you live miles driven daily value of the vehicle age do you use it for a business or just drive to and from work there is so much details to look more than I said now when I first had a car I had an insurance agent who cared for his customers and did all he could to help them save and more they exist today just takes finding them thank you
For the most part, yes. Insurance companies look at your FICO, credit history and job. Then they formulate their own score from that. They figure the lower your credit score the more likely you are to file a claim instead of having the cash to pay for minor damages yourself. Did you kmow that a person with a great credit score and a DUI many times gets lower premiums than a person with a flawless driving record and average credit score? Don't ya just love insurance companies?
@@organic3280 Truth is car insurance has NOTHING to do with your credit score - it's just used as an excuse to charge more-some states have outlawed this practice BTW
@@commoncentsmike7733 Those factors play a part in your premiums but FICO, credit history and job play even larger parts. Insurance companies don't like to pay out. If you can afford to pay for fender benders, broken windows, dents and dings out of pocket instead if filing claims, Insurance companies are all too happy to give you lower premiums.
My insurance went up a bit for wanting to add my girlfriend as a second driver. But shouldnt i be covered even when someone else drives my car? What about those random times some wants to use my car to go to the store or something like that. I cant be adding every person that drives my car onto my insurance. So my question is should i be worried not having my girlfriend on the insurance ? Will she be covered if she was to get in an accident? I was told sometimes insurances dont wanna cover people who are not under my insurance, but can they not cover someone whos not under my insurance?
I hate insurance so much. I have a clean record, but a new car under my name. I've even had my C class (vehicles up to 26,000lbs) since i was 18. doesn't mean shit to insurance still have to shell out 242 a Month! meanwhile older people could have vehicular manslaughter on their record but lower rates. Then they say it isn't discrimination. I'm paying off this car and getting the bare minimum.
No he's correct I'm in ny I have no accidents no tickets have about 5k left on my loan and pay 255 a month....in pa I paid 79 a month full coverage and had a car payment....he's not wrong!!!!!!
I'm in Houston and I've noticed there are many local car insurance companies in the city. Are these smaller insurance companies cheaper than going with the big name insurance agencies like Geico or State Farm?
Of course it is cheaper Im 21 and have no license When i was 20 I went to big agencies the ones that ripped you off, and they were charging me way too much Which i understood because i was under 21 and had no license Then i want to a local one near my house and they helped me a lot and i was paying way to low compared to other ones When i turned 21 i got my first discount of $26 and now im so happy Of course is liability because my car is worth max $1500 so theres no need of full coverage
Good afternoon, my name is Bessie Stephens and my car insurance premium is $920. Every time I check it , it has changed. I have a 2017 Honda Accord, and I feel like they are stiffing me. Thanks
I am insured with USAA I pay $157 for renters, liablity for my miata, full coverage for 2017 VW Jetta. Is this a good deal? I have heard they can't really beat USAA coverage prices. Also lived in Bastrop pretty close to Austin 🤠
Hi I am not drive my car since I bought but for 8 months take money from account how to claim my money back do u any possible to back my money can u tell me something
My car insurance rate has more doubled over the last 7 years... use to pay 500 bucks a year now its 1400 dollars a year... Had quotes for over 2000 a year redicilas... might as well use uber at that rate.... cant even see how those drivers make a living
Liberty Mutual increased my "so I can drive to work" extortion fee 254% over a 3 1/2 year period from 2012 - 2015. There was NO REASON as I have NEVER had an accident, filed any claims, no moving violations and I own my home and have a college education and live in a low density population area (rural). I finally had to tell them to FO...I found out David Long, CEO of LM, has plans to become wealthy in as short of period of time as he can. He has had his office remodeled at a cost of 4.5 million dollars-totally unnecessary. Further research revealed that the Georgia (where I live) state insurance commissioner, Ralph Hudgens, had lobbied to have removed regulatory rulings that insurance company rate increases be reviewed for qualification before implementing pricing increases. Hudgens implemented what he called "file and use" protocol. Insurance premiums immediately shot skyward in Georgia and made our state the highest cost increase for auto insurance in the country. Hudgens responded to the huge public outcry that he was "helpless" and "unable" to do anything because of the regulations removal that HE pushed for!!! Obviously, Hudgens did not seek re-election in 2018 as it had become well known he sleeps with the insurance companies (they contributed heavily in his campaign funding in past elections.) BTW- he is a Republican. So now we have a new republican state ins. commissioner in control. I have sent this guy a letter detailing what I have said here and his response (before the election) was "we'll see once he gets in office." Yeah-right........in the meantime I'll continue to drive a cheap used car because it just makes economic sense and don't want to give away any more money to insurance companies than I have to....because it IS a total ripoff scam industry.
@@creditdebitcardscostyoumon4588 I live in Georgia too and I found out today that UPS headquarters didn't want to sell land to Gdot to build a pedestrian bridge over 400 to the North Ridge Marta station and my spouse works there and refuses to drive that would make her last mile much easier via Marta... I can not believe the people in charge of a transportation company cares more about trees then improved governemnt funded transportation option...
Brand loyalty is stupid no matter what brand it is!! Most brands have similar quality in the US! A lot of the quality of brands in the US is 40 to 50% lower than other countries like Japan!
Why do people go with big companies? Look for a local in you city Im 21 with no license and i got my first discount when i turned 21 of $26 Every agency tried to ripped me off trying to make me pay between $150-250 I found a local agency near my house and only pay $82 per month Of course is liability because my car is not worth more than $1500 Getting full coverage would be non sense
@@salysdream If you don’t trust the business through online. Drive around your area and look for local businesses that say “car insurance” or “low insurance rates” or anything related. Go in and ask how much will insurance cost you with their company. All of us have different stories. Some of them will tell you big numbers, but you’ll find one that will not try to rip you off.
Be advised , by a licensed insurance agent in CA, don’t take advice from someone who isn’t licensed. There is a reason why you have to get licensed to sell insurance. Your wrong about your landlord policy you need more coverage because you don’t live in it and if someone else lives there their creating more liability, your liability should be 1 million with an umbrella policy if you have more assets There are reason insurance companies are cheaper. Full coverage isn’t just adding comp and collision what if you wanted rental and didn’t have it? You weren’t fully covered. 25 wrong, your assuming the person was driving at 16. Yes after so many years experience driving your rate goes down . Wouldn’t recommend a broker your paying a middle man and it’s generally not cheaper . Lol you can’t bundle a landlord policy , at least in CA and one of the big companies I work for. Mileage isn’t a discount tell your agent what your annual mileage is when you start so you establish it. The company I work for let’s you pay monthly using a bank account with no fees, brokers don’t offer that. Adding family members can also hurt your rate if their young drivers or have tickets and accidents . If someone doesn’t live with you they don’t have to be on your insurance to drive your car, it’s called permissive use. Be careful advising people when your not licensed
@@bivianarodriguez3357 I believe when an accident happens, responsibility for damages falls under the car owner's first. Anything that is not covered falls under the driver's insurance. In this case, all of it falls under the car owner's insurance.
My insurance agent was not able to get the same discounts offered online. I think in my case, Progressive in CT, for whatever reason, offered such a steep discount for purchasing online, my agent wasn't able to match it with anything else they had. I don't work for Progressive. I am not loyal to them, and in fact, their six month policy increased on the next policy by equal or more to that discount.
Root insurance is a scam! offered me 900 for 7,000 in damages! Maria Cerrito, of Lou Ky, you r paying for worthless car insurance! ROOT doesn't pay and they will leave you car less and of course job less!
Know that Root Insurance low balls your car, in our case by $2900. Now I am forced to get an attorney. I'm not their client, I'm the victim of being rear ended. So how does this affect you? In all likelihood I will have to sue the kid that hit us that has Root Insurance. So imagine the stress of admitting your at fault, could have been a quick easy resolution, but now because you bought cheap insurance, your going to be sued. And yes I'm suing you because your cheap insurance won't pay for the value of my car. Check out other reviews, someone else posted there may be a class action lawsuit against them for the same reason I'm posting. Whatever your saving you will pay way more than that in lawyer fees, plus eventually settling with whomever you hit....out of pocket.
Hi Mike, Thanks you for providing a detailed video on saving Auto Insurance premium. I also know one good blog on Auto insurance - insurancehumanity. It has informative articles on various topics related to Auto Insurance. Few Articles: How to Find the Lowest Car Insurance? How to Save Money on Teen Auto Insurance? How to save money on your auto insurance.
Simple question when I was 16 i was paying more because of my age now I'm 40 zero points in my entire life and the quotes are way high why👿 well I dont believe in insurance any more and i dont have one i quit paying if I get in situation I know I'm screwed but belive me i have saved way way much cash.
I want to know if your insurance expire if it's all right to go get a Autumn Insurance Company oh cuz you don't want us to have no insurance at all that's my comment
About 6 million accident occur per year in the USA compared to a 400 million people that's nothing I mean almost 3 million live here in Houston. Car insurance is a just taxes for the government period Cant negotiate with taxes.
It does since you need to cover both individuals, but most companies are going to give you a discount for multiple drivers. So it may be more expensive that if you did your own policy by yourself, but CHEAPER than both policies done separately, does that make sense?
Unfortunately, I have had a number of speeding tickets and a few "fender benders." So, I pay a lot for auto insurance. I only get the minimum liability for the state of Texas. It's hardly paid for any damages I've ever caused (nothing on my own vehicles). And, I've calculated that the entire amount my actions have cost insurance companies is far less than what I've paid in premiums. I would have been better off without insurance and paying everything cash. This is why I hate auto insurance. So, I continually change insurance for even a few dollars of savings. I'm striving for no more violations and can't wait until I turn 25 when my premium should decrease further. I don't think I'll ever get anything more than the bear minimum required by law. If I could legally go without insurance, I would in a heart beat.
No my boyfriend and I have left together for 15 years When he backed into my son-in-law’s vehicle my son-in-law claimed the accident and I was charged because I added him to my insurance coverage I believe the charge was $10 additional per month the total was right at $300 I regret putting him on my insurance because he did not have the courtesy to man up and pay for it on his own that story but true
Man enough to pay on his own? That’s like me taking your phone, taking a hammer, hitting it so it is severely cracked and then telling you “you need to buck up and pay for it on your own”
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Check out the newer version & how we saved! ua-cam.com/video/euCN6Tmc15w/v-deo.html
COMMON CENTS MIKE this might be a stupid question... does he charge anything to find you insurance?
U look like Michael Stevens
I agree with him but I don’t agree with last one axing my girl friend on my policy I put my self and for a full cover and i pay 240.00 per 6 month I my girlfriend credit score
Great tips. I've made that mistake keeping the same insurance company for years and now I have an insurance broker that shops for me and on my first year I saved almost 1000 bucks a year for my home owners insurance and auto insurance combined!!! And my insurance broker keeps an eye out not only for discounts but to make sure I'm getting the coverage I need. Nothing less or more.
Thank you, I just turned 18 and it’s a blessing that there’s ppl like you who are willing to teach these things. I have a long ways to go for that age discount haha
Can you do a video on a checklist for new “adults” regarding finances? Things I can do now that’ll set me up well for the future like building credit
Your already on the right path/track because you are showing interest in building credit.
@Taha Babikir that’s good!
How are you doing now?
I just turned 25 this month. Hell yeah! I'm paying way too much in addition to paying full coverage on a new vehicle. It's been killer.
Same here
Absolutely! Cutting down your car insurance premium can lead to serious long-term savings. Even small reductions add up over time. By finding affordable coverage, like Insurance Panda’s $25/month car insurance, you could potentially save thousands over the years. It’s definitely worth shopping around, reviewing your policy regularly, and looking for discounts-it’s an easy way to keep more money in your pocket!
Very nice review; I'm a new subscriber.
I am a licensed insurance agent I have my license in over 20 States. One thing that will affect your rate negatively is if you switch every year. Most companies take into account how long you stay with the same company if you switch every year you will never reach your true savings potential. I recommend switching every 5 years to get the best rate. Although tickets typically fall off after 3 years they are still under written for for 5 years. So although you don't see a surcharge for them they are still taking into consideration for five years.
ireallydiditthistime - good to know.
Not if the new company doesn't know about those tickets or whatever and they're only going off the DMV report! Thank God. There's a reason for the law.
Not true. Change it every 6 months.
taking a written driving course can get you a discount of about 10%
Forgot about that, thanks for sharing!
What state?
Not in NC
Unfortunately alot ins companies are no longer offering 12 months contract only 6 months.
I saved tons of money, but not having insurance !
😂😂😂
Hahaha
Having your insurance come down at 25 is a myth. What companies are really looking at is how long have you had your driver's license. Since most people get their driver's license at 16 or 17 the reason you start seeing rates come down in 25 is because you're starting to show that you have driving history. Two people 25 could have the exact same profile however one could have had a license at 16 and one could have gotten their license at 20 and their price will be very different.
9 YDE, Years Driving Experience. In your 10th policy period (with no points, violations, or claims). And as far as premium increase goes, nobody is screwing over long time buyers. What pushes premium is the cost of cars, repairs, and emergency medical care. There are two kinds of insurance companies: those in the business of paying claims and those in business to make money. The difference in coverage is stark. I don't know who your guy is, but I'm an insurance agent and a lot of the stuff you said is just parroting what people think they know about how it works, but don't.
The biggest myth is that all insurance is the same but with different prices. It's not. You get what you pay for. If you're with a low cost company, somewhere you're sacrificing coverage to save premium. Period. Not all policies cover the use of other people's cars, not all policies cover someone else driving your car, not all policies provide rental reimbursement (or to the same limit for the same number of days), many policies only provide roadside assistance in a claimable event (excluding mechanical break down), most policies do not have contents coverage. Not all policies waive comp deductibles on glass... And many, many more. Know what you're getting. Know what you need and why. Then pay for it. If you're driving a 2019 Ford F150 Raptor and your insurance is $70 a month, you're gambling big and don't even know it. Premium is about risk and nobody is risk free. High deductibles keep your premium lower, but also throw a wrench in the works when someone hits your car in a parking lot and leaves you with the bill.
State minimums might get you on the road, but they're also a huge gamble if you hit someone or end up the tail person in a multiple vehicle collision during rush hour. When your insurance tops out, your assets come next, starting with your checking account. Know what you're giving up to save $30 a month. Seriously.
@@codacreator6162 i fully agree however my one concern is with the notion that you get what you pay for and this isn't always the case. From my experience certain companies offer better prices for the same coverage but I definitely see people lowering coverages for the sake of saving money. I also find the 12v6 month debate insanely bad advice. Some companies in my state don't sell 12 months but they are still significantly cheaper.
@@giannyniebla1996 12 month policies are more of an advantage to consumers then insurance companies. Violations and claims take a longer time to reflect on your premium. However, they do fall off faster when you are on a six-month term.
@@couponuser Violations, and accidents are both reflected for the same amount of time. Now certain companies look back 3 years while others look back 5. As for annual policies being superior although when the option is preset it can be a cheaper alternative. In Forida around 50% of companies only offer 6 month terms and you shouldn't ignore them just because of this simple fact. If the company offers both this could be a good idea as some offer discounts but the point I wanted to make is don't pay an extra 50 a month just because it is annual.
@@giannyniebla1996 If you're considered a high-risk driver (i.e. you're filing claims every 1-2 years), being on an annual premium might be better. The current rate is locked in for the entire term. This gives you time to prepare financially for the expected surcharge at your renewal. With a six-month plan, you'll see the increase almost immediately.
There is no such thing as "Full coverage."
Exactly !!!!
Isaiah Lehman not true
right lol. we are gonna have to payyy some type of deductible. nothing in life is free
@@quentinm.williams9 Sometimes food is.
Right if a tree falls it’s a act of God and they don’t cover that type of accident…
never seen a 12 month auto insurance policy , only for home.. and bundle does save
I'm glad I found your page. I have binge on your videos during this COVID-19 pandemic!!
Daisy Saldivar same!
Thanks. Do I have to provide the new auto insurance company my previous auto 🚘 policy?
HEYY V SAUCE
MICHEAL HERE
The government forces you to have auto insurance and the insurance companies take full advantage of it. I had progressive auto insurance and in 3 years they were charging me almost double from what it started out at. No tickets no accidents just corporate greed.
Can you afford to replace your whole car and or somebody else’s $500,000 car?
Since most people don’t have $500,000 or more that’s why you need insurance.
@@zachsheffee8458 $500,000 car? What kind of car am I going to hit on the street that costs $500,000? You must live in a very expensive neighborhood.
@@zachsheffee8458 be quiet... I'm 39 years old, And the only accident I had cost 250 bucks to fix. My insurance goes up regardless. I want my money back. I rather have that on the side and pay when I get in an accident. There is no such thing as an insurance covering you 100%.. even when it's full coverage, if you kill someone.... They will garnish your wages for life. Dip into your assets if you have any. Insurancees are nothing but goddamn frauds.
@@anthonynelson9136 Lol, watch out for all those half-million dollar cars out there. They are everywhere.
Which company is best for Nevada
Thanks for helping me understand how I can save some money!!
Great advice! Saving money is something everyone should be able to learn more about.
thank you very much!
Thanks for the info even in 2019 very nice and clear understanding of the topic ...that very cool since it's a bit confusing at some points
If you’re in an accident that wasn’t your fault, and the other persons car insurance pays for the damage, does your insurance know/care? Will it affect my rate?
That is a very good question I want to know to.
Thank you so much, I'm really glad that I stumbled upon and chose to watch your video. You definitely answered a major question that I have had for a while now.😉
Same here. Very useful information.
Every video you have posted, has helped a lot! Thank you so much!!
Thanks a ton for taking the time to say that Erin!
I’m thinking about doing a 0 down on a 9k car I don’t if I can get a lone I’m 18 with no credits
While an insurance broker is convenient for getting quotes, it's the exact opposite when you need service on your current policy. In most cases, the insurance company does not have your account information,. You have to contact the broker directly to take care of cancellations, paying bills, or maybe even filing a claim. Speaking of claims, this is another area where issues can arise. I've seen quite a number of UA-cam videos complaining of poor service overall with claims handling. The insurance company will direct you to the broker, and vice versa. And if the broker goes out of business, you're pretty much out of luck unless the business was transferred to another company,
In my experience, going through insurance agents are way better than a call center based insurance company. I prefer the personal experience as opposed to some random person in a call center.
Dale Hansen and his group were fantastic to deal with! They were efficient and knowledgeable in helping with my insurance needs.
Nice! Glad it worked out for you!
Do you have to live in Arizona to work with them?
I use Mors Mutual Car Insurance. So reliable.
Who?
😂
Frs my car blew up by some ballas and It only costed me 250 to get my faggio full covered
accidentally drove my car into the ocean had to pay 20,000 to get it covered
I Brian gode will say on car insurance be sure you deal with volks who care where you live miles driven daily value of the vehicle age do you use it for a business or just drive to and from work there is so much details to look more than I said now when I first had a car I had an insurance agent who cared for his customers and did all he could to help them save and more they exist today just takes finding them thank you
Your videos have so much value. Thank you so much sir!
Very Informative. Keep sharing!
Thanks for the Tips!
Good info. Thanks.
Isn't rate based on your credit score?
For the most part no, not really. Driving record, vehicle value, tickets, coverage limits etc. are more important.
Yes - ua-cam.com/video/ZKqmN-K2HBI/v-deo.html
For the most part, yes. Insurance companies look at your FICO, credit history and job. Then they formulate their own score from that. They figure the lower your credit score the more likely you are to file a claim instead of having the cash to pay for minor damages yourself. Did you kmow that a person with a great credit score and a DUI many times gets lower premiums than a person with a flawless driving record and average credit score? Don't ya just love insurance companies?
@@organic3280 Truth is car insurance has NOTHING to do with your credit score - it's just used as an excuse to charge more-some states have outlawed this practice BTW
@@commoncentsmike7733 Those factors play a part in your premiums but FICO, credit history and job play even larger parts. Insurance companies don't like to pay out. If you can afford to pay for fender benders, broken windows, dents and dings out of pocket instead if filing claims, Insurance companies are all too happy to give you lower premiums.
My insurance went up a bit for wanting to add my girlfriend as a second driver. But shouldnt i be covered even when someone else drives my car? What about those random times some wants to use my car to go to the store or something like that. I cant be adding every person that drives my car onto my insurance. So my question is should i be worried not having my girlfriend on the insurance ? Will she be covered if she was to get in an accident? I was told sometimes insurances dont wanna cover people who are not under my insurance, but can they not cover someone whos not under my insurance?
change of insurance, they cover the people that is inside the car
I hate insurance so much. I have a clean record, but a new car under my name. I've even had my C class (vehicles up to 26,000lbs) since i was 18. doesn't mean shit to insurance still have to shell out 242 a Month! meanwhile older people could have vehicular manslaughter on their record but lower rates. Then they say it isn't discrimination. I'm paying off this car and getting the bare minimum.
Right! Non of that makes sense. Especially if you have no record.
Exactly
No he's correct I'm in ny I have no accidents no tickets have about 5k left on my loan and pay 255 a month....in pa I paid 79 a month full coverage and had a car payment....he's not wrong!!!!!!
I'm in Houston and I've noticed there are many local car insurance companies in the city. Are these smaller insurance companies cheaper than going with the big name insurance agencies like Geico or State Farm?
They can be, but it's not certain that you get the same value for your money.
Of course it is cheaper
Im 21 and have no license
When i was 20 I went to big agencies the ones that ripped you off, and they were charging me way too much
Which i understood because i was under 21 and had no license
Then i want to a local one near my house and they helped me a lot and i was paying way to low compared to other ones
When i turned 21 i got my first discount of $26 and now im so happy
Of course is liability because my car is worth max $1500 so theres no need of full coverage
Good afternoon, my name is Bessie Stephens and my car insurance premium is $920. Every time I check it , it has changed. I have a 2017 Honda Accord, and I feel like they are stiffing me. Thanks
So I got a policy last month and it cost too much, I heard canceling is not the way to go is this true
Good advice thanks for sharing. 👍
Most welcome man, hope it helps and thanks for taking the time to leave a comment
I am insured with USAA I pay $157 for renters, liablity for my miata, full coverage for 2017 VW Jetta. Is this a good deal? I have heard they can't really beat USAA coverage prices. Also lived in Bastrop pretty close to Austin 🤠
Sounds like it to me, but it never hurts to check. Thats cool man, we've got friends in Bastrop/Smithville! Wish all the pines were back 😔
I am with USAA as well and pay 130 for a 05 Camry for liability. I am only 20 though
Hi I am not drive my car since I bought but for 8 months take money from account how to claim my money back do u any possible to back my money can u tell me something
My car insurance rate has more doubled over the last 7 years... use to pay 500 bucks a year now its 1400 dollars a year...
Had quotes for over 2000 a year redicilas... might as well use uber at that rate.... cant even see how those drivers make a living
Liberty Mutual increased my "so I can drive to work" extortion fee 254% over a 3 1/2 year period from 2012 - 2015. There was NO REASON as I have NEVER had an accident, filed any claims, no moving violations and I own my home and have a college education and live in a low density population area (rural). I finally had to tell them to FO...I found out David Long, CEO of LM, has plans to become wealthy in as short of period of time as he can. He has had his office remodeled at a cost of 4.5 million dollars-totally unnecessary.
Further research revealed that the Georgia (where I live) state insurance commissioner, Ralph Hudgens, had lobbied to have removed regulatory rulings that insurance company rate increases be reviewed for qualification before implementing pricing increases. Hudgens implemented what he called "file and use" protocol. Insurance premiums immediately shot skyward in Georgia and made our state the highest cost increase for auto insurance in the country. Hudgens responded to the huge public outcry that he was "helpless" and "unable" to do anything because of the regulations removal that HE pushed for!!!
Obviously, Hudgens did not seek re-election in 2018 as it had become well known he sleeps with the insurance companies (they contributed heavily in his campaign funding in past elections.) BTW- he is a Republican.
So now we have a new republican state ins. commissioner in control. I have sent this guy a letter detailing what I have said here and his response (before the election) was "we'll see once he gets in office." Yeah-right........in the meantime I'll continue to drive a cheap used car because it just makes economic sense and don't want to give away any more money to insurance companies than I have to....because it IS a total ripoff scam industry.
@@creditdebitcardscostyoumon4588 I live in Georgia too and I found out today that UPS headquarters didn't want to sell land to Gdot to build a pedestrian bridge over 400 to the North Ridge Marta station and my spouse works there and refuses to drive that would make her last mile much easier via Marta... I can not believe the people in charge of a transportation company cares more about trees then improved governemnt funded transportation option...
Jimmy try 3,717.32 a year for auto...
Yes Allstate rapes me monthly.
I’ll trade you for that $1,400..
Liked, commented, and subscribed
To save money, you have to be older than the insurance company's designated "young and reckless" time period.
Thank you 🙂
Welcome!
Fine
Brand loyalty is stupid no matter what brand it is!! Most brands have similar quality in the US! A lot of the quality of brands in the US is 40 to 50% lower than other countries like Japan!
Why do people go with big companies?
Look for a local in you city
Im 21 with no license and i got my first discount when i turned 21 of $26
Every agency tried to ripped me off trying to make me pay between $150-250
I found a local agency near my house and only pay $82 per month
Of course is liability because my car is not worth more than $1500
Getting full coverage would be non sense
How to find a local one? I live in new York and the internet is full of scams
@@salysdream If you don’t trust the business through online. Drive around your area and look for local businesses that say “car insurance” or “low insurance rates” or anything related. Go in and ask how much will insurance cost you with their company. All of us have different stories. Some of them will tell you big numbers, but you’ll find one that will not try to rip you off.
Ur credit score makes the biggest difference.
Broker fees?
I’m 21 and I live in New York looking for a good rate for my auto insurance
Be advised , by a licensed insurance agent in CA, don’t take advice from someone who isn’t licensed. There is a reason why you have to get licensed to sell insurance. Your wrong about your landlord policy you need more coverage because you don’t live in it and if someone else lives there their creating more liability, your liability should be 1 million with an umbrella policy if you have more assets There are reason insurance companies are cheaper. Full coverage isn’t just adding comp and collision what if you wanted rental and didn’t have it? You weren’t fully covered. 25 wrong, your assuming the person was driving at 16. Yes after so many years experience driving your rate goes down . Wouldn’t recommend a broker your paying a middle man and it’s generally not cheaper . Lol you can’t bundle a landlord policy , at least in CA and one of the big companies I work for. Mileage isn’t a discount tell your agent what your annual mileage is when you start so you establish it. The company I work for let’s you pay monthly using a bank account with no fees, brokers don’t offer that. Adding family members can also hurt your rate if their young drivers or have tickets and accidents . If someone doesn’t live with you they don’t have to be on your insurance to drive your car, it’s called permissive use. Be careful advising people when your not licensed
If the driver had permissive use and wasn't licensed, should the owner of the vehicle be sued?
I agree about increasing liability with the landlord policy. i know several individuals that had issues with renters damaging property.
@@bivianarodriguez3357 I believe when an accident happens, responsibility for damages falls under the car owner's first. Anything that is not covered falls under the driver's insurance. In this case, all of it falls under the car owner's insurance.
My insurance agent was not able to get the same discounts offered online. I think in my case, Progressive in CT, for whatever reason, offered such a steep discount for purchasing online, my agent wasn't able to match it with anything else they had.
I don't work for Progressive. I am not loyal to them, and in fact, their six month policy increased on the next policy by equal or more to that discount.
thats was good video
Thanks Nicholas!
Step 1 after an accident. Turn off your car.
Root insurance is a scam! offered me 900 for 7,000 in damages! Maria Cerrito, of Lou Ky, you r paying for worthless car insurance! ROOT doesn't pay and they will leave you car less and of course job less!
Know that Root Insurance low balls your car, in our case by $2900. Now I am forced to get an attorney. I'm not their client, I'm the victim of being rear ended. So how does this affect you? In all likelihood I will have to sue the kid that hit us that has Root Insurance. So imagine the stress of admitting your at fault, could have been a quick easy resolution, but now because you bought cheap insurance, your going to be sued. And yes I'm suing you because your cheap insurance won't pay for the value of my car. Check out other reviews, someone else posted there may be a class action lawsuit against them for the same reason I'm posting. Whatever your saving you will pay way more than that in lawyer fees, plus eventually settling with whomever you hit....out of pocket.
You got Car Insurance,right?
Hi Mike,
Thanks you for providing a detailed video on saving Auto Insurance premium.
I also know one good blog on Auto insurance - insurancehumanity. It has informative articles on various topics related to Auto Insurance. Few Articles:
How to Find the Lowest Car Insurance?
How to Save Money on Teen Auto Insurance?
How to save money on your auto insurance.
How to buy a new car without getting ripped off by my insurance?
Felix Fontanez good question
Simple question when I was 16 i was paying more because of my age now I'm 40 zero points in my entire life and the quotes are way high why👿 well I dont believe in insurance any more and i dont have one i quit paying if I get in situation I know I'm screwed but belive me i have saved way way much cash.
Risky, but I can tell you know your own situation and that's awesome for you man! I hate insurance!
I want to know if your insurance expire if it's all right to go get a Autumn Insurance Company oh cuz you don't want us to have no insurance at all that's my comment
nice video post
Wow, I've been watching you for a while now. Never knew you were in Texas. I'm in Dallas! I love this town!
Yup! Strangely enough I'm almost never in Dallas even though we're constantly in Fort Worth? Gotta catch a football game there again soon!
good job its morning
Progressive 6 month paid in full discount.
good
rip dale
Credit Karma found me a rate at half what my broker did.
About 6 million accident occur per year in the USA compared to a 400 million people that's nothing I mean almost 3 million live here in Houston. Car insurance is a just taxes for the government period Cant negotiate with taxes.
today i found out...
hello there
I always thought putting somebody else on your policy would cost you money
It does since you need to cover both individuals, but most companies are going to give you a discount for multiple drivers. So it may be more expensive that if you did your own policy by yourself, but CHEAPER than both policies done separately, does that make sense?
@@commoncentsmike7733 oh ok yea it does thanks
Why is there so much misinformation in this video dude stop
Do you think you can do a better job, make a video,what do You for a living?
Unfortunately, I have had a number of speeding tickets and a few "fender benders." So, I pay a lot for auto insurance. I only get the minimum liability for the state of Texas. It's hardly paid for any damages I've ever caused (nothing on my own vehicles). And, I've calculated that the entire amount my actions have cost insurance companies is far less than what I've paid in premiums. I would have been better off without insurance and paying everything cash.
This is why I hate auto insurance.
So, I continually change insurance for even a few dollars of savings. I'm striving for no more violations and can't wait until I turn 25 when my premium should decrease further.
I don't think I'll ever get anything more than the bear minimum required by law. If I could legally go without insurance, I would in a heart beat.
For me...I live in TX too but I have a few fender bender but I'm a teen..just hate insurance ppl in general
love you
Somebody body is fight me for my stuff
Broker quote me more than searching myself. :/
How to save!? Don't go as cheap as Safeco! Service sucks!!
No my boyfriend and I have left together for 15 years When he backed into my son-in-law’s vehicle my son-in-law claimed the accident and I was charged because I added him to my insurance coverage I believe the charge was $10 additional per month the total was right at $300 I regret putting him on my insurance because he did not have the courtesy to man up and pay for it on his own that story but true
Man enough to pay on his own? That’s like me taking your phone, taking a hammer, hitting it so it is severely cracked and then telling you “you need to buck up and pay for it on your own”
holla
All this car insurance ads are garbage
thanks but read this statement 👉prnt.sc/qqkf32
lol
Are you single?
I'm single baby
Minhui Zeng shot your shot brother
good
good