Honda Car Forum

On Wed, 28 Jan 2004 13:40:31 -0500, MikeHunt2@mailcity.com wrote:

>George since you live in NJ it may be to your advantage to look
>at not only listing your child as principal driver on a
>particular vehicle if you have as many vehicles as drivers, you
>may even want to obtain a title in his name as well. You can
>still insure the vehicle on your policy at the same rates because
>you have the legal right to insure your minor children. You will
>separate his liability from yours. Why do that you ask?
>Liability losses for an at fault accident. Lets assume you have
>300K limit policy and have assets worth 800K. If you become
>liable for a 500K, the winner of the litigation can come after
>your 800K for the 300K balance. Litigation is always directed
>ultimately against the owner of the vehicle, not the driver. If
>you son is the owner of the vehicle, rather than you, they can
>not go after your assets.

I'm just done with all that in the past year - the car for high school,
college etc. for the 2nd and final time. Even with no accidents, it *is*
expensive. In both cases we had a family car which was ~5years old, in
good condition and kept them for the kids.

Rgds, George Macdonald

"Just because they're paranoid doesn't mean you're not psychotic" - Who, me??

"Nospam" <dssdata@hotmail.com> wrote in message
news:45264a45.0401261400.511f8e87@posting.google.c om...
> I was looking for a cheaper rate on my insurance of 3 cars when I
> decided to give geico a call , I couldn't believe it, I would save
> over $ 225.00 every 6 months with them if I left my agent I had for 10
> years with Allstate Insurance.
>
> Well I decided maybe change was good, boy was that ever a mistake, it
> all started with a letter saying I need to get my windshields
> inspected, never did this with any other agent or insurance company,
> so I called them and basically told them if they want to see the
> windows, they can send someone out cause no way was I going to drive
> all three vehicles to the inspection station that was 37 miles away.
> After a conversation with their supervisor they said to ignore it.
>
> Ok
>
> Then I get a letter several weeks later saying they need information
> on a person who at the time I was to marry. boy this was even a bigger
> mistake. I told them that the person NEVER LIVED IN my house and only
> drove one of the vehicles once in a month to the local store if that,
> and in fact we were no longer together so I couldn't supply this info
> and I DON'T WANT them on the policy.. Well they came back and said, we
> have to have this information or your rate will go up or we may even
> cancel you, I told them they were crazy, this person should not be on
> my policy and I don't want them on it. they said you have to have all
> people in your household on the policy, after telling tem again THEY
> DON'T LIVE HERE AND NEVER HAVE, I decided I was getting NO where with
> GEICO and it was a big mistake leaving my old agent. DON'T GET ROPED
> IN BY LOW RATES THAT ARE TO GOOD TO BE TRUE. GEICO customer service
> was terrible and I wonder what actually making a claim would be like
> if I had these problems..
>
> GEICO INSURANCE IS TERRIBLE AND CUSTOMER SATISFACTION IS NOT HERE .. I
> AM TOTALLY DISSATISFIED. I WOULD NEVER EVER TELL MY FREINDS TO GET
> GEICO NEVER......maybe my enemies yes.

That's why I have stayed with USAA for about 30 years rather than switch.

This sounds like good advice. I hope you're right this time. We had
planned on signing over my son's car to him when he's 18, but just might
consider what you're suggesting for the reasons you cite.

MikeHunt2@mailcity.com wrote:

George since you live in NJ it may be to your advantage to look at not
only listing your child as principal driver on a particular vehicle if
you have as many vehicles as drivers, you may even want to obtain a
title in his name as well. You can still insure the vehicle on your
policy at the same rates because you have the legal right to insure your
minor children. You will separate his liability from yours. Why do that
you ask? Liability losses for an at fault accident. Lets assume you have
300K limit policy and have assets worth 800K. If you become liable for a
500K, the winner of the litigation can come after your 800K for the 300K
balance. Litigation is always directed ultimately against the owner of
the vehicle, not the driver. If you son is the owner of the vehicle,
rather than you, they can not go after your assets.
mike hunt

If you insure him on his own policy the rate is higher.
Check with your agent, WBMA. Who ya gonna believe, me or
netsuke


mike hunt



ravelation wrote:
>
> This sounds like good advice. I hope you're right this time. We had
> planned on signing over my son's car to him when he's 18, but just might
> consider what you're suggesting for the reasons you cite.
>
> MikeHunt2@mailcity.com wrote:
>
> George since you live in NJ it may be to your advantage to look at not
> only listing your child as principal driver on a particular vehicle if
> you have as many vehicles as drivers, you may even want to obtain a
> title in his name as well. You can still insure the vehicle on your
> policy at the same rates because you have the legal right to insure your
> minor children. You will separate his liability from yours. Why do that
> you ask? Liability losses for an at fault accident. Lets assume you have
> 300K limit policy and have assets worth 800K. If you become liable for a
> 500K, the winner of the litigation can come after your 800K for the 300K
> balance. Litigation is always directed ultimately against the owner of
> the vehicle, not the driver. If you son is the owner of the vehicle,
> rather than you, they can not go after your assets.
> mike hunt

MelvinGibson@mailcity.com wrote:

>If you insure him on his own policy the
>rate is higher.

It's already through the roof--$1650./6 month policy, and that's with a
$1000 deductible for collision. He would have to be able to stay on our
current policy. I'll check with 21st Century to see what they say if I
transer title into his name.

>Check with your agent, WBMA.

WBMA? Hep me.

> Who ya gonna believe, me or netsuke *
>

Oooh, that's a loaded question. You just gave some decent advice, so
I'll go mute on that one.

I believe that Andrew was concerned specifically that his rating
situation could well change, resulting in a draconian increase in his
premiums by Geico. Your comment seems rather circular to me; if there
is no change in one's rating then a carrier wouldn't want to try to
set rates individually anyway. They have better things to do to make
money, like increase the entire group's premium.

JM

<MelvinGibson@mailcity.com> wrote in message
news:40185B62.43F00C3D@mailcity.com...
>Who ya gonna believe, me or
> netsuke
>
>
> mike hunt, your village idiot.

BWAAAAAAAAAHAHAHAHAHAHAHAAHAHAHAH!!!

This, from a proven liar!


--
'03 S2000
'94 Accord

It's just about going fast...that's all...

http://home.insight.rr.com/cgreen/

<BigJohnson@mailcity.com> wrote in message
news:4016C963.5E87E422@mailcity.com...
> Just what part of; 'Normally when you deal DIRECT, rather than
> with an AGENT, they ask for five pictures of the four sides of
> the vehicle and the interior.' didn't you understand?

The part about the pictures. I just insured a used car last week for my
Daughter...no inspection...no pictures.

>Naturally
> there is no NEED to verify damage AFTER they issue the first
> coverage since subsequent damage would be covered. I thought you
> would figu, pretty basic stuff, even for a slow learner.

Heh heh...you calling somebody "slow"!?

> I have done business with insurance companies in several eastern
> states over many years. Everything I have said is factual and
> verifiable if you want to do the research.

I don't need to do the research...I already know most of what you say is
false.

> If
> you chose to believe it or not is your problem not mine.

You see Mikey...the problem is your credibility. You have been caught so
many many times pulling stuff from you ass, and flat out lying.

Instead of standing up like a real man, and explaining yourself, you
"disappear" for a week or so, only to return to think that nobody remembers.

> I will not waist my time with a guy who apparently still hasn't
> finish reading and understanding 'Basic Hand Tools,' let alone
> the his states 'Insurance Rating Manual.'

I have already forgotten, what you will never know about tools, mechanics,
AND insurance.

Again, until you stand up like a man, nobody here is going to believe you.

>
>
> mike hunt, your village idiot.


--
'03 S2000
'94 Accord

It's just about going fast...that's all...

http://home.insight.rr.com/cgreen/

In article <bvb141$jnj$1@charm.magnus.acs.ohio-state.edu>,
"NetSock" <NetSock@nospam.com> wrote:

> > Just what part of; 'Normally when you deal DIRECT, rather than
> > with an AGENT, they ask for five pictures of the four sides of
> > the vehicle and the interior.' didn't you understand?
>
> The part about the pictures. I just insured a used car last week for my
> Daughter...no inspection...no pictures.

But others of us have had pictures taken. It may depend on the agent,
the insurance company, your credit record, whatever.

"Elmo P. Shagnasty" <elmop@nastydesigns.com> wrote in message
news:elmop-A19721.17003729012004@news.usenetserver.com...
> In article <bvb141$jnj$1@charm.magnus.acs.ohio-state.edu>,
> "NetSock" <NetSock@nospam.com> wrote:
>
> > > Just what part of; 'Normally when you deal DIRECT, rather than
> > > with an AGENT, they ask for five pictures of the four sides of
> > > the vehicle and the interior.' didn't you understand?
> >
> > The part about the pictures. I just insured a used car last week for my
> > Daughter...no inspection...no pictures.
>
> But others of us have had pictures taken. It may depend on the agent,
> the insurance company, your credit record, whatever.

Right, but Mikey says if they dont inspect it, they WILL take pictures.

That is NOT true.

--
'03 S2000
'94 Accord

It's just about going fast...that's all...

http://home.insight.rr.com/cgreen/