How does the new 1-50 insurance group rating work?

How does the new 1-50 insurance group rating work? Ive read that most cars insurance group will more or less double But what I want to know is if 2 cars are group 5 under the old rating and one goes up to 11 and the other only to 7 does that mean the 7 will cost less to insure than the original or will 7 be about the same and 11 be more? sorry if this didnt make sense. 10 points to anybody who can answer? BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes RELATED: Young Driver Car… Read More

Continue Reading

Why did the Affordable Care Act make my insurance unaffordable?

Why did the Affordable Care Act make my insurance unaffordable? I have a private health plan and a preexisting condition that requires taking daily medication, an annual checkup, and a test every 5 years. Other than that I’m young and in great health. My understanding of the law was that it would increase premiums on people without conditions to pay for people like me that have a preexisting condition. So why did the insurance company send me something saying if I keep my current plan I’ll pay 25% more and that the 2 alternatives are more expensive with lower benefits, plus it said I could lose all kinds of other… Read More

Continue Reading