iowa

I'm sorry but your insurance would not cover damage that you did to your personal property with your vehicle. Your homeowners would cover your personal property would be a deductible would apply.

It depends. Does your daughter still live in your household and drive your car?

No, if you get insurance the same day as the ticket, it will not cover the ticket. Since both the ticket and the insurance policy are time-stamped, the DMV would see that at the time of the ticket your policy was not active.

Finance companies usually require you to have insurance on your car while you are making payments. Companies can back charge you for not having insurance - which is essentially called Collateral Protection.

No - even if you had a policy begin that day, it would not help getting your ticket dismissed. Because insurance is required in your state, you will still need to have insurance.

This can really depend on a number of things. Fault can only be determined by a claims adjuster who has reviewed the accident and any corresponding documentation.

It really depends on the nature of your coverage. If you have comprehensive coverage, the damage to your vehicle and speakers can be covered.

I would pay out of pocket. The rate increase from an at fault accident against her would increase her rates for 3 years.

What you should consider is paying for the claim out of pocket (so, the $1,000 in estimated repairs) is greater or less than your deductible plus the rate increase you will receive. Your insurance company will see this claim as an at-fault car accident and thus will raise your rates as a result.

There are a few things to consider when deciding between a "full coverage" or liability only policy: Determine an estimated fair market value of your vehicle. While Kelley Blue Book may offer useful estimates, I recommend using NADA guide since most insurance companies use them to determine a vehicle's value at the time of a claim. Decide on a deductible.