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question answers on auto insurance FAQ


Without judgment, you made a huge mistake. Your conscience stepped in and you are trying to make it right. This may be in your favor. The insurance company may see it differently though, because you lied - plain and simple. You may wish to get some legal


It may not be much of an issue with the insurance co. if this person was insured enough to cover you at the time., but that's just for the pole damage. When it comes to car damage, the insurance co. could care less, since it's covered either way no matter


Service is a vehicle that you use to get to and from a job site. The vehicle itself, isn't used in the business. Typicially it would be like a salesperson's car.

Commercial is a vehicle that's actually used to perform the job - like


Service use are vehicles that transport the insurerd's personnel, tools, equipment and incidental supplies to and from a job site. Vehicles are at the job site the majority of the day. Examples would be Carpenters, Electricians, and Insurance Agents.


Variables such as where in Texas, (Large towns/lots of traffic are more expensive), the company you select and your driving record (whether you took drivers ed or not) all figure in. The only way to get a good answer is to get quotes from several companies.

question answers on auto insurance news

How can you gain from the new tax slabs?

18.05.12

Here is the transcript : ravi asked,  sir is taking a child policy is a good investment, for the childs future
Chetan Gandhi answers,  at 2012-03-19 15:50:36 Taking a child policy for investment may prove to be a good investment since underwriting risk from Insurance company is very low, as ASSUMPTION is used by Insurance company that,the Longevity of child living or surviving is long,under the circumstances,risk for Insurance company to anticipate Insurance claim money is not likely to happen in Immediate future, so premium payable is very low, and from investment point of view it may prove to be beneficial,since the bonuses earned on the said policy in most probability will be grater than the premium paid!!This will again depend on type of policy , term insured, and bonus rate offered by concerned Insurance Company.Further, the decision to buy child insurance policy may prove to be a good decision - it may achieve to be multi task - Compulsory savings,tax
Source: Rediff