If I be to get underway an motor insurance business and set my rates to breed a profit, all the same did not charge extra if?

had an accident or have the wrong zip code, would I go broke?
Answers:
Even Bill Gates would go broke doing this. You would have every idiot that can't go and get it running to you and sucking the money up like a giant vacuum cleaner as they filed claim after claim.
Zip codes and accident are factors that insurance companies use to calculate risk.

The insurance company isn't penalizing you for have the wrong zip code on your record. Your closure code makes you more or less of a risk, depending on where on earth you garage your car at night. As far as accident, it's one thing to offer stroke of luck forgiveness for one accident. However, an accident make a driver more of an insurance risk. Anything more generous than forgiving one accident could absolutely cause you to lose money. Two or more accidents would distinctly warrant a rate increase.
Yes.

A site I've recommended surrounded by the past would be...

http://insurance.deal4-you.com

Hope that helps.
Yes, you would

Related Questions:
My lot be within a zone rate A10. Now the zone is rate VE. Is this greater risk or lower risk for insurance?   Average sports car insurance rates within NY?   What does credit hold to do near insurance rates? I do not see the correlation.?   My wife and I are purchasing a spanking new home. Where are the lowest rates for homeowners insurance?   What motor insurance do you own, and what would you rate them?