How Long Does A DUI Affect Your Insurance In PA? Insurance for drivers with a DUI is expensive because the violation indicates that you are more likely to file a claim than the average driver. In Pennsylvania, a DUI will only affect your rate for about 3-5 years, so the higher rates won’t last forever.
What If An Uninsured Driver Hits You In Virginia? Virginia Car Insurance Requirements If a driver attempts to register a vehicle without automobile insurance in Virginia, he or she may receive a $500 fine. Virginia drivers must also carry proof of insurance with them when they drive. What happens if someone hits you and you
Which Florida Law Requires Owners And Operators Of Motor Vehicles To Be Financially Responsible For Damages And Or Injuries They May Cause To Others When Motor Vehicle Crash Happens? 1 – The Financial Responsibility Law. The Financial Responsibility Law requires owners and operators of motor vehicles to be financially responsible for damages and/or injuries they
Do I Need A License To Sell Insurance In Florida? If you would like to sell insurance in Florida, you must complete an approved line of prelicensing education and pass the state licensing exam. Insurance prelicensing courses are provided by A.D. Banker & Company in many different formats: classroom, web classes, online courses, or self-study.
Which Of The Following Triggers The Florida Financial Responsibility Law? The financial responsibility law is a law that requires certain Florida drivers to carry additional insurance to cover fault for serious accidents. These laws apply to drivers who are considered high risk because of their previous driving history, including drunk driving or a serious accident.
Which Of The Following Statements Is Not Something You Should Be Thinking When Considering Changes In Your Auto Insurance Policy? Legal Responsibility is not considered as the component of auto insurance because auto insurance only consists of collision, bodily injury, medical payment or personal injury protection and property damage liability. Therefore option (d) is correct.
Is A Higher Deductible Better For Auto Insurance? Choosing a Deductible Amount If you have a limited budget for auto insurance, a higher deductible might be more desirable because if you don’t have any claims, you won’t have to pay as much out of pocket for your policy. … Low-risk drivers who rarely file claims
Which Are Benefits Of Purchasing Insurance Check All That Apply? The obvious and most important benefit of insurance is the payment of losses. An insurance policy is a contract used to indemnify individuals and organizations for covered losses. The second benefit of insurance is managing cash flow uncertainty. Insurance provides payment for covered losses when
How Do No-fault States Work? No-fault state means that drivers are responsible for their own medical expenses in the event of an accident regardless of who causes the collision. In most no-fault states, drivers are required to use personal injury protection (PIP) insurance to cover their own medical bills and related expenses. What happens in
Is Comprehensive Insurance Worth It For An Old Car? While the rule for older cars was to drop comprehensive coverage after six years or 100,000 miles, modern cars last longer and cost more to repair. Most experts now recommend keeping comprehensive insurance on your car if 10 percent of the car’s market value minus the