Q&A: In america, why do we have insurance system ? for example for Healthcare and Automobile.?

Question by Payal: In america, why do we have insurance system ? for example for Healthcare and Automobile.? For some reason, I dont see any logic in USA’s insurance system. For example customer A has automobile insurance, first of all insurance company bargain the hell out of the customer and doesnt cover this doesnt cover [...]

Does Auto Insurance query impacts credit rating?

Question by Kanada: Does Auto Insurance query impacts credit rating? I was surprised to hear that auto insurance query requires credit rating check. How true is that? Do auto insurance companies pull credit rating? And if they do, then does it effect credit rate or FICO or beacon score? I’d like to inquire auto rates [...]

Can I drive my parent’s car without auto insurance?

by skeggy Question by sean: Can I drive my parent’s car without auto insurance? I am 16, I just got my drivers license but I am not insured yet. My mom’s car is insured. Am I allowed to drive it without being on their policy? Best answer: Answer by Charles Gunnyou can but if you [...]