Reader’s Question: It’s very important for me to know the status of a particular vehicle insurance company that I’ll deal with here in Michigan. How would I know the financial capabilities of vehicle insurance companies in case I file a claim? John Ann Arbor, MI Various national rating organizations rate different vehicle insurance companies. Picking [...]

Reader’s Question: I was making a list of quotes from insurance companies, and then my dad picks up the word “state.” He asked me if we had a state auto insurance company here in the US. So… do we have one? If we do, what’s the difference between a private and state auto insurance company? [...]

Reader’s Question: I don’t need fancy insurance; just enough to comply with the law. However, I noticed that a lot of insurance companies here in the US are private, profit-oriented companies. What’s the deal? Why don’t we have national or state auto insurance company handle insurance? Marco N. M. Santa Fe, NM A state auto [...]

Reader’s Question: This new auto insurance company has just set up office nearby. They’ve been around for half a year now, and they’re offering great coverage for low premiums. Their premiums are even lower than what other older companies offer! They’re great! I wonder why the other insurance companies don’t match their price ranges. Jack, [...]

Reader’s Question: I’ve recently lost my job and I need to find a cheap insurance company for my pick-up. Don New York City To be able to find the right company to give you cheap insurance, you need to be aware of how companies compute premiums. Aside from your age, traffic violations, if any, and [...]