Q:     I had an at- fault accident earlier this march. Geico paid for the damages and the other party. Usually I go for six months plan and it would cost me around 265 dollars. But after this accident and on renewal they have hiked my six months plan rate to nearly 475 dollars. This was my first at-fault accident and there was no ticket from the police since it was a fender bender and the other driver was driving with a suspended license. I never got a traffic ticket till date. Is there any way I can talk to Geico to reduce the plan rate. As I see they have increased it by nearly 80%.Please let me know your suggestions.  Thanks.

A:  Insurance rates are a set in stone kind of thing, there is no way to get them to reduce the rate. Your only option would be is to go to another insurance company that might be able to give you better rates.

Q: My son (Canadian) will be doing his medical rotation in the States. He will be in Virginia for 6 weeks then back in Canada for 4, then 4 wks West Virginia and Canada 2 weeks, Then Rochester 6 months coming back to Canada every second weekend (near the border). What does he have to do ? He has a Canadian license -he is buying a vehicle – were should he get it registered etc.

A: My first inclination would be that if he has a Canadian license and will retain his Canadian citizenship and will be returning to Canada after he is done, that he will register the vehicle in Canada. Best to ask an insurance agent though and kill two birds with one stone, because then they can also talk to you about the insurance coverage when he crosses the border for those varying periods of time.

From visually

Q: It seems like there are only two different car insurance billing plans….pay it all or pay it monthly, are there any other options?

A: With some insurance companies it does feel like those are the only two billing plans available, but there are more. The thing is that most drivers are just so used to paying monthly for their premium or paying it all at once, so they don’t pay attention to any other payment plans that may be offered.

Depending on your company you may also be able to pay:

-Every 6 months

-Every 3 months

-Every 2 months

-Twice during your policy term (not necessarily at even intervals)

-Four times during your policy term (not necessarily at even intervals)

Your agent or your insurance company will be able to go over the different payment plans they have available.

From Bankrate.com