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Popular Q&A

How does auto insurance work when you "loan" your car to another?
Ifye you add him as the primary driver to your insurance on that car, and then lease a car in your name dad drives the other car no problem and is on the insurance and you have your leased car. Once you return the leased vehicle, you can decide what you want to do then. best of luck, may you...

Does having a commercial drivers license affect my insurance rates?
no it doesn't. Your driving record, vehicles, age and whether or not you smoke will affect your cost- but not your type of license.Eighteen year professional driver in all 48 and Canada and instructor in Illinois and California. My agents have never factored my license type as a factor.

For Mortgages in Florida, will the mortgage company look at all outgoing costs or just concentrate on income?
It's essentially about ratios. Generally 28% of your gross monthly income (GMI) is the maximum for a monthly mortgage payment. Payment to include principal, interest, taxes and insurance (PITI).Then the maximum amount of monthly obligations is set at appx 40% of GMI. The total obligations...

What happens when your Auto Insurance lapses in the state of MD?
When your insurance lapses, you are required to turn in the license plates before the lapse or are subject to a fine of $150 for the first 30 days, and $7 per day after that, and a $25 restoration fee after all fines are paid.If there is a lapse your insurance company is supposed to notify...

Which state laws govern an out of state auto accident?
The laws for the state where the accident happened govern how the claim will be handled. If a law suit were to be filed, it would be filed in the state where the accident happened.That being said, your policy language does not change just because the accident happened out of state. You still...