Frequently Asked Auto Insurance Questions Answered

No lemons. If you encounter problems with your new car, you have legal recourse through state lemon laws, which is offered in all 50 states. If you can prove that your new car is a lemon, you could receive a replacement vehicle or get your money back. Lemon laws apply only to new cars.

The adjuster for the other driver will make you think you need to give a statement. This is incorrect. They can look at the police report. If they want to know about your injuries, they will eventually see medical records Even if you think "you have nothing to hide", a statement can be problematic. The adjuster wants to elicit information from you to help them- to lock you into something inconsistent. Remember, they do this every day and you don't.

Some policies provide for replacement of the vehicle if lost or damaged within a specified period. This period varies between one and three years. The policy promises that if the vehicle was purchased new by the client, and loss or damage occurs resulting in a total loss, the insurer will replace the lost vehicle with a new vehicle of the same make, model and series.

There is an upward trend in savings as time moves on, going from the negative, upward into the positive. So for this refinance to save you money, you must STAY in your mortgage until that trend line flips from the negative side of losses to the positive side of savings. But again, this information fails to be considered when using the 2% Rule as a when to refinance rule of thumb. Clearly, relying on the 2% Rule as a when to refinance rule of thumb is no guarantee of savings.

Home to such famous attractions as the Alamo, the River Walk and the Tower of the Americas and host to great parks like Sea World and Fiesta Texas, it's no wonder the city is visited by approximately 26 million tourists per year. The popularity of this tourist destination helps keep its economy in blossom, meaning the river city is a fantastic place for entrepreneurs and passionate professionals. San Antonio is also the site of several prestigious colleges like UTSA, Trinity, Incarnate Word and St. Mary's, which means the population is vibrant, young and exciting.

If you carry only liability insurance use your cell phone and call an auto recycling center from the scene of the accident. Confirm they have a licensed tow truck driver and free towing for cars they buy. Once you have confirmed these basics negotiate the sale of your totaled car in tow yard. Even in a twisted heap your car is still worth a few hundred dollars in scrap metal and the automobile recycling center will deliver your cash with the tow truck.

car totaled Credit unions usually don't allow dealers to raise the interest rate above their base rate to the customer. Interest rates are usually based on the year of the vehicle, so if you are buying a new car, you will get the best rate.

Ask them to change the oil before you take delivery of the car. There are if the airbags deploy is my car totaled , which skilled mechanics use to prevent an engine from passing oil through the exhaust. Often times if you change the oil it, you will be able to see or smell smoke from the exhaust that might have not been there before.

Let's say XYZ (a hypothetical company) is currently $600 per share and Tom has bought 100 shares. His total cost of investment will be $60,000, and this is his maximum risk in this position. If XYZ goes down to $500 per share, Tom will lose $100 per share or $10,000 in total. If XYZ goes to $0, Tom will lose the entire amount of $60,000. I must say that the risk exposure is huge and Tom should do something to mitigate it.

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Pub: 12 Aug 2023 04:13 UTC
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