How are insurance points determined after an accident?

Answer Traffic Points In most states, whenever a motorist receives a traffic ticket or other driving violation they are assessed two different types of points: driver's license and insurance points. The s... Read More »

Top Q&A For: How are insurance points determined after an ac...

How many points does auto insurance go up after an accident?

Answer Each insurance company uses it's own rating system for an accident surcharge. I am a licensed producer in Missouri, so can only answer for the company I work for and state, and we assess 2 p... Read More »

Is there a law that states that in a car accident the insurance company only pay per accident or do the pay each individual that was in the accident?

No and yes. The city will not offer you your money back, however, you can sue the officer who mistakenly arrested you in small claims or civil court. The precedent-setting case is happening right n... Read More »

How are points determined in a mortgage?

A point is a loan discount fee, paid by the home buyer to the lender at closing, or settlement, of a real estate transaction. The various combinations of interest rates and points are set by the le... Read More »

How are points determined in refinancing a home?

When you refinance your mortgage, the lender may charge points, a cost expressed as a percentage of the loan. Points take into consideration the interest rate and how long you remain in the home af... Read More »