How much does insurance pay on total loss if owner owes more than its worth?

How much does insurance pay on total loss if owner owes more than its worth? If a car is worth appoximately 30,000 and the owner owes 40,000 what will the insurance company pay the owner? I hope it is 30,000…. BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes RELATED: My car was wrecked and the insurance company paid to have it fixed. Now they have found something they missed? After paying out around 12,000 to fix my car (body damage only, but new car so everything came from factory) we found out there is something else that needs to… Read More

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How come a 7 year old Dodge truck costs more to insure than a new Lexus RX350?

How come a 7 year old Dodge truck costs more to insure than a new Lexus RX350? Full insurance: Dodge – $1400 Lexus – $900 Why?????? BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes RELATED: Can I put my boyfriend of 3 years on my health insurance (provided by employer) in the state of Florida? I work for a great company that provides health & dental insurance from the very first time you start the job. My boyfriend of three years that I live with, does not have any insurance & the company he works for, does not provide… Read More

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If car insurance cost more than the average salary, would it be smart to have tax-dollars pay for it?

If car insurance cost more than the average salary, would it be smart to have tax-dollars pay for it? ~ This is a comparison to the healthcare issue. Medical costs are way higher here than anywhere in the world and there’s really no reason for it. Except that malpractice insurance (read: insurance) is many, MANY times higher than anywhere else. . BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes RELATED: Cheap car with cheap insurance? Im 18 and Ive just passed my driving test and im looking for a good car for around £2500. The cars with cheap insurance… Read More

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