I have to renew my auto insurance by January 12. The renewal premium is $1,101. Oo with a $563.50 down payment, the balance will be due by February.
I will be on unemployment until January 5th, when I will return to work. I am not able to make such a large down payment at this time.
My agent told me that she could get a lower down payment of $278.00, but I will have to go into an assigned risk plan and the premium will go up to about $1,700.
The agent told me the reason for this is because I have older vehicles and they are more likely to break down and cause an accident.
I have a CDL and have been driving school bus for the past eight years, I have a clean driving record, Why must I have to go into the assigned risk plan, I have also been with the same insurance company and agent for the last five years.
Please! Can anyone help me?
Eleanor
Catskill, New York
U.S.A.
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