Answers.com > Wiki Answers > Categories > Business & Finance > Insurance > Auto Insurance > Auto Insurance Claims > How are car insurance groups regulated?

How are car insurance groups regulated?

In: Auto Insurance Claims [Edit categories]

Answer:

Car insurance groups are often regulated through an association and will have to adhere to certain state or federal laws so it is best to check for local groups to find out how they are regulated

First answer by Answers Publishing Network. Last edit by Answers Publishing Network. Contributor trust: 97 [recommend contributor ]. Question popularity: 2 [recommend question].

[report abuse]

Can you answer these Auto Insurance Claims questions?

	How much insurance does an auto repair shop have to carry in New York state?	Answer it!
	What happens if you keep what the insurance valued your car and not pay the dealer for your car?	Answer it!
	Can an attorney representing you hire a private investigator to look into a car wreck involving you being someone else fault who has not paid for your car being totaled or injuries?	Answer it!
	What is a insurance electronic claim?	Answer it!
	What is average settlement for whiplash in auto accident?	Answer it!

Relevant answers:

What cars are in insurance group 1-3?
Different countries and companies have different systems of rating insurance. You need to specify the country.
What are some car insurance groups?
"Geiko and state farm are very good groups. To look for the best deals, refer to amazon or walmart would be the best bet. Make sure to check for user reviews though!"
How many insurance groups are there for cars?
it varies between insure's but in most case's it only goes upto 20 then they offer a 20+ group which meens the insurer can charge you any figure dependant on hw stealable and the actually performance...
How do car insurance groups affect the cost of your insurance?
Insurance groups negoitiate for lower prices for the members of the group. Therefore if you are a part of the group it will decrease the cost of your insurance.
Can you get car insurance for antique cars?
Yes, one can purchase car insurance for antique cars. If the car is used for display only, you can get a Specialty Auto Insurance policy for far less than what you would pay for an everyday driver...