It is time to renew my vehicle insurance but in a minute I'm unwaged. Will the insurance lift up my rate because of this?
I was laid off. I am on a monthly installment plan. And adjectives of the driving records are good on our policy. Also, paying the payments are not a problem. I simply don't want to be penalized for not working. And what if you are a student does that count for something right?
Answers:
Hello,
We regularly take for granted what a convenience our cars are. I was paying a low price for my insurance, but at renewal time, my insurer tried to increase my rates.
My friend sent me a connection to this site:
http://www.renters-assistance.org
They have a free search to compare auto rates from the main insurers. It saved me a lot of money!
Best of Luck
No, it makes no difference to them as long as they go and get their money. Tell them as little as you can. They don't have to know what you are asking.
You are under no obligation to narrate your insurance company about your employment status. Especially if you are renewing with impossible to tell apart company. If they ask, say you are a student or self employed.
Just call them & notify them you are not using the car to go to work you are going to be staying home. If your rate be based on you going 14 miles one way to work respectively day or more you will probably save money.
Lynne is right on - tell them you work from home immediately and do not commute. This will reduce your insurance cost by 10%. Source(s): an independent insurance broker
Related Questions:
Answers:
Hello,
We regularly take for granted what a convenience our cars are. I was paying a low price for my insurance, but at renewal time, my insurer tried to increase my rates.
My friend sent me a connection to this site:
http://www.renters-assistance.org
They have a free search to compare auto rates from the main insurers. It saved me a lot of money!
Best of Luck
No, it makes no difference to them as long as they go and get their money. Tell them as little as you can. They don't have to know what you are asking.
You are under no obligation to narrate your insurance company about your employment status. Especially if you are renewing with impossible to tell apart company. If they ask, say you are a student or self employed.
Just call them & notify them you are not using the car to go to work you are going to be staying home. If your rate be based on you going 14 miles one way to work respectively day or more you will probably save money.
Lynne is right on - tell them you work from home immediately and do not commute. This will reduce your insurance cost by 10%. Source(s): an independent insurance broker
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