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Popular Q&A

How do automobile insurance companies get their ratings?
There are several companies that rate the insurance companies. We go with A. M. Best's ratings. The look various items that say how well the company is doing and how likely they are going to have the money to pay claims. A lower rated company does not have as much money, so in the event...

I am 21 and want to insure a OLD Honda?
Auto insurance in Canada is regulated by the individual provinces. Some provinces require people to purchase insurance from a government agency and some allow private insurance provided it meets certain requirements. The province and sometimes private insurer has its own fee structures. Without...

I want to sell cars with a Private Dealers License, how much starting capital is recommended?
If you are selling to the public, you need a dealer license, not just a wholesale license.in CA, you need a place of business, sign, room to display at least 2 cars at a time, business license, dealer surety bond, dealer auto insurance (NOT cheap). They run a credit and background check.If...

Can you switch car insurance with a pending accident case?
While it won't affect the handling of your claim (the company who insured you on the date of loss is on the hook), make sure Geico is aware you have an open claim. If they are not aware and they write you a policy, they may void it during the underwriting review. I have had customers in the...

Buying a house in the military?
Use your VA loan, it can be used in Puerto Rico, Guam, Virgin Islands, American Samoa and Northern Mariana Islands. Find a mortgage company and tell them you want to use your VA loan. What ever you do, do not use USAA for home owners insurance they are very expensive. We have been using them...