 What factors affect how much i will pay for car insurance? |
| what are the factors that affect the amount i pay for insurance on a car? im looking to purchase my first vehicle and want to know what i can't afford.... |
|
 Home owners insurance being cancelled...am I right to be upset? |
| My husband and I recently did some research to find a better rate on our homeowner's insurance and found what we believed to be an excellent rate. The agent came out 4 months ago, took photos ... |
|
 How much compensation can you get from tripping over a magazine strap outside a magazine warehouse? |
roughly?
Additional Details
Oh because my solicitor said we are looking at around £8-£10K based on my injuries and their obligation to Health & Safety laws & the fact that I ... |
|
 Is insurance (on the whole) 1 bloody great scam? |
| I ask because I don't have insurance on my contents, my loans or anything. When you finally do need to make a claim, its near damn impossible to do so. Maybe its just me, but I hate insurance.<... |
|
 Hi just been charged with drink driving 1st time i smashed intohouse will my insurance pay for any damage? |
| The car is owned by my boss but i am insured to drive it does this make any differance .Also is it a definate ban as my job is based upon me travelling all over any answers would be ... |
|
 Is life insurance a good investment for a married couple with no children or mortgage? |
| My wife and I are considering purchasing life insurance but we aren't sure if it is the best investment for the money involved. Advice would be helpful. We do plan on having a family in the ... |
|
 I want to cancel loan insurance, but I've been told I need to take out a new loan. Is this right? |
| I took out a loan last year, and this included insurance. I then wrote to the company a few days after receiving my policy and cancelled the insurance. The loan company now tell me that as I haven... |
|
 Plastic surgery covered by insurance? |
| I want to get a nose job. Is there any way insurance will cover it?... |
|
 High Risk life insurance? |
| My mother is about too be 50years old, just got done treatment for breast cancer, had a heart attack in 2002, and smokes. She has 10,00 worth of life insurance through her job but because she is my ... |
|
 I have $50,000 worth of life insurance. Cash value is $17,000.? |
| Should I cash it in and re invest or just leave it? The premiums will increase when I turn 54. I am 51 at this time. I am presently in good health. If I cash it in will there be any penalties ... |
|
 Can a live-in relative, not covered under a homeowners policy, take out a claim for car damage from the house? |
| I live at my parent's house. My car was parked in their garage. A sewage drain(old house) busted and sent "stuff" over my car. It took the paint off the car. If my parents are going to ... |
|
 My tree fell on my neighbors uninsured truck. will my insurance cover it if it was a sound tree or unsound? |
| wind storm. my insurance co will not cover it,they say his car insurance will . he has none. he is threatning suit. they will represent me in court but not small claims court but will provid e ... |
|
 Full Coverage car Insurance? |
Is it smart to carry full coverage on a 1999 Windstar full paid for
Market Value approximatiely $5000.00 . My yearly premium is abouts 2300.00 with 500 ded on collision and comprehensive.
I... |
|
 What am I suppose to do if I am having problems with my car insurance company? |
| My car was found to totaled two months ago and my insurance company was to pay to my car people on my behalf. They still have not done anything. What am I to do about this?... |
|
|  |
don n | How much cheaper would Geico Insurance be if they didn't spend millions on advertising? |
TV comercials are expensive on prime time television. I probably see Geico ads at least 20 times every evening that I watch television. They have to be tacking this cost onto the price of their existing policies. |
 |
 
ernesto_tig
|
MBRCATZ is the only one of you that is remotely correct in your answers. Working for an auto-only insurer, we're acutely aware of the rates charged by our competitors. We are constantly reviewing loss history, trends in the industry and coverage issues. But more importantly we study and make decisions based on WHAT OUR COMPETITION IS DOING! They drop rates, we drop rates.
GEICO has choosen their method of marketing and they feel it works. Their rates are set based on what they need in order to be competative with their peers. The only thing that will effect their rates is if their competition starts dropping rates and they feel they have to, in order to stay competative. |
|
modernneanderthal
 |
They sure are. But is it any worse than giving the money out to top execs as a bonus plan? Companies never pass savings down to the consumer, they only pass costs on to us! |
|
krazy
|
there not all that cheap |
|
theosharatos
 |
Probably competitive just like the other guys |
|
Common Sense
 |
If they didn't bring in more customers their costs would be higher per customer. The more customers, the less it costs to manage an account. Fewer customers means each individual customer sharing more of the "expense" burden.
Strange but true. |
|
fcas80
 |
GEICO doesn't have agents. They depend on advertising to attract customers. |
|
WiserAngel
|
Ah, but you gotta love the cavemen and the gecko. |
|
Box815
|
It would be MORE expensive because they'd have much less business and the fixed expenses would have to be spread across fewer policies.
Assuming your logic the car companies could see their cars for less money if they didn't advertise? How many cars do you think they would actually sell?
Business people are logical. If they could forgo advertising and just lower their prices they would, but that doesn't work. |
|
Lily R
|
No idea. |
|
mbrcatz
|
It doesn't work that way. You don't tack business expenses on to the product, you factor them in to your cost of doing business.
Geico isn't going to lower rates under "market value". Whenever anyone has done that, it's created an insurance nightmare for them in the long run. |
|
Chelsea P
 |
Advertising=exposure
Exposure=prospective clients
More clients=more demand
More demand is related to lower prices
I suppose it's hard to find the Marketing happy medium. :) |
|
Shelli
|
progressive was the cheapest for us |
|
aaron p
 |
The world doesn't work that simply. Higher volume allows them to offer it at slimmer margins. The marketing drives the volume. It is all related, you just need to dig down deeper.
That would be like saying you could buy a Budweiser for less if they didn't advertise all over the place. No you couldn't because their perceived quality would go down, resulting in less business, which would cause the need for higher margins to operate profitably, and eventually they would go out of business. Eventually, there would be no more 50 cent Bud because they stopped making it. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
13 | 35 minutes(s) ago
| | | |
13 | 44 minutes(s) ago
| | | |
9 | 52 minutes(s) ago
| | | |
13 | 2 hour(s) ago
| | | |
13 | 6 hour(s) ago
| | | |
13 | 10 hour(s) ago
| | | |
13 | 1 day(s) ago
| | | |
10 | 2 day(s) ago
| | | |
11 | 6 day(s) ago
| | | |
14 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
