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5. Insurance The Archetypal Risk Management Institution
Financial markets econ 252 insurance provides significant risk management to a broad public, and is an essential tool for promoting human welfare. by pooling large numbers of independent or low c...

In Pennsylvania are you required to have full tort insurance when buying a new car?


My car was stolen and now I'm being investigated for insurance fraud. I'm only 18, help!!?
My car was stolen on Saturday. I was driving in the car with someone I thought I could trust and when I went inside a subway terminal to meet another friend I left the keys in the car and the person who was in the car with me took off with the car, my phone, my purse, and about $1500 worth of shopping bags and boxed furniture that I had just bought from Ikea.I called the police and they aren't doing much help. I've had to " investigate" a lot of this myself. The person who took my car doesn't have permanent housing so its been hard to track him down. I found out from the cops he has 4 other warrants out for his arrest for crimes relating to cars. Obviously, I didn't know that when I left him alone with mine.After my dad filed a claim to our insurance company, they said they were going to begin an investigation and sent us a letter saying it was " within their rights" not to give us any money for the car. They think me and the person who stole the car are working together to get money off of them.Their going to interview me and I'm really scared. The last time I broke the law was when I was five and tried to steal a barbie from Walgreens. I'm only 18 now and I don't even know how insurance or fraud work, never mind insurance fraud. They're going to accuse me. They only thing I'm really guilty of is being stupid naive gullible. I trusted a person who I should not have trusted.My questions are 1 How can I track down this person? I sent a messege on Facebook to all of our mutual friends telling them to keep an eye out.2 How can I move the investigation from the police who are on my side along, when they aren't really doing anything?3 What am I supposed to tell the insurance guy? What should I say?I just want my car back. I feel so helpless, please help.

How much would car insurance be for a 16 year old driving a BWM Beamer?


Approximate cost for teen motorcycle insurance?
hey, im 17 years old and live in Ontario, i recently got my G2 but cannot find a way to get car insurance cheap enough to actually warrant getting a car. I was wondering if anyone has any ballpark answer as to how much motorcycle insurance is at my age? every google search i do says " you should ask your insurance broker" , well i will, but i just want to see if its even worth looking at or if its going to be like $300 a month like car insurance.the bike would probably just be like a cheap used early 1990's bike, nothing special.thanks

How much would car insurance be on a 69 f 100?
Well there is a 69 f 100 truck. in great shape. i will have a picture up for you to see. great interior. and everything. there selling it for 6500. im going to see if they will reduce to 5000 or less. but if i can convince them to lower it and my father agrees to help me out. there just one problem i need to know what the insurance would be. not the exact price but a price around what it would be. i cant really find a sight that will give me a price. i was wondering if anyone new cars and stuff if they could help me out and give me ideas on what the price would be. thanks .s150.photobucket.com albums s113 lisapunkred ?action view& current 0902001604.jpg< a href " s150.photobucket.com albums s113 lisapunkred ?action view& current 0902001604.jpg" target " blank" > < img src " i150.photobucket.com albums s113 lisapunkred 0902001604.jpg" border " 0" alt " Photobucket" > < a> IMG i150.photobucket.com albums s113 lisapunkred 0902001604.jpg IMG direct link to picture > i150.photobucket.com albums s113 lisapunkred 0902001604.jpg

Would a 2005 pontiac grand prix gt have higher insurance rates than a 2004 cadillac cts?
im turning 17 in about 2 weeks and im planning on getting a new car with the money ill receive. i haven't had any accidents, i only use this car to go to school or up to the local mall or something routine like that. my uncle has both of these cars and is ready to sell me one at a kind price but im wondering how insurance will fly for them. the pontiac is at 43,557 miles and the cadillac is at 49,372 miles. any clues where u think it might be, please share. and feel free to ask any questions that would help yourself.

In pennsylvania what is the law on lapsing car insurance?
I had car a car insurance policy that ended a few days ago. I want to get new insurance and have been shopping around. I heard that I have some sort of grace period to get new insurance but i dont know for sure. Does anyone know the laws?

Where can I get a better car insurance quote please help (urgent)?
I was a student last year and my premiums came in at 76 a month after paying 300 deposit. This year the quote was for 88 pound a month UNTIL they found out I was no longer a student and was working... they put up the price by 1000. I have a spotless driving record not even a parking ticket . But I have only had my license 2 years, I didnt drive for the first year so I only have 1 years no claim. I now have 12 days to find an amazing quote OR sell my car and I jus dont know what to do.Tried gocompareendsleigh themes cityinsurance factoryMy car is only a tiny engine its quite old but I have jus payed out 130 for its MOT im a bit gutted. I heard the insurance has gone up everywhere.Have any of you young ones found a cheap insurer?

What is the cheapest motorcycle insurance in Texas?
I am 18 and about to buy myself a used 2006 Harley Roadster. I need to get my own insurance and want to know what would be the cheapest insurance for Texas. Can anyone help?

Problem with my insurance......will it be invalid?
Ive had my provisional for 2 years, at that time I had a policy as 1st driver to my car. So 2 years of no claims.........when I passed my test I did not renew my policy die to financial matters.Now Ive had my full UK for 1 year and want to get insurance......however I have built up 2 years NO CLAIMS previously.......and on the application they ask for 'How many years have you held a driving licence?'.....so I put 1, then it asks 'Number of years No Claim Discount earned'...I put 2.........will this no invalidate my insurance? what am I supposed to do?

Could someone tell me how to get my car insurance down? i got quoted 3,800 on a 1.1L peugeot please help?
i am under my dads name who has been driving for more than 20 years with 9 years NCB, also the car has no mods, is cheap little car. my freind has the same car and less than a month after he go his licence he got insured on the same car for a 1000 so why am i getting 3,800 on such a small car? I also tried it with pass plus which i am doing and i got 3,000 please help?Many thanks.i have tried compare the market, go compare, money supermarket and confused. they all come up with the same company quinn.

Cheap car insurance for 21 yr old?
I have a 2003 Grand Am. I've had it for a year. Until recently I had it in my mothers insurance policy. But hers has expired now and I would like to have it put under my own policy. I've had my license since I was 19. I've never had any violations, not even a speeding ticket. What are some cheap car insurance for my situation. I live in Kentucky.

Someone hit my parked car and left. Insurance says I have a deductible of $1000? Is this true?
I read online the following In California, the Insurance Code specifically requires insurers to waive property damage deductibles in the event the UIM is a hit and run driver who could not be located.addendum California Insurance Code 11580.26 effectively mandates a waiver of an insured's collision coverage deductible where the damage to the insured's vehicle has been caused by an uninsured motorist, including unidentified hit and run drivers deemed to be uninsured. Motorists. Who is telling the truth? My insurance company or the website? Here is a link to the code, in thick legalese.law.onecle.com california insurance 11580.26.htmlThe ethnicity of the jerk that hit me has nothing to do with the question...There are unfortunately no video cameras in the parking lot. I was at work at the time and didn't hear my alarm go off when my car was hit, and I'm not sure if there were any witnesses. I posted flyers around the surrounding businesses requesting details, but so far there have been no responses.

Do Insurance companies have a minimum they pay to replace your vehicle?
My car was a 1989 Honda Accord that I bought new and have been driving the wheels off of and just yesterday someone rear ended me and I know it is totaled. There is no way I can replace the car with what little it is worth, since I think the blue book is something like $800. So what am I supposed to do now without a car and the accident wasnt my fault?

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