How does your address affect car insurance prices in Hollywood? Are you a neighborhood that creates or leads to an exodus of some of the most wealthy Hollywood celebrities? Well, for more than 50 years the upscale streets of Los Angeles have been the places where Hollywood stars like Jimmy Stewart, Judy Garland, Clark Gable and Marilyn Monroe purchased their cars.
The reason these Hollywood A-list celebrities are drawn to these neighborhoods is the proximity to the much more expensive homes of the likes of Beverly Hills, Bel Air and the likes of the Le Meridien Hotel and the rather staid home of the Academy Award winner's late mother. Then there's the factor that these Hollywood stars may be asked to rent an apartment as well as buying a car on a very generous loan.
How does your address affect car insurance prices in Hollywood? You might also ask a local insurance agent to come and take a look at the area.
Now the typical assumption is that insurance prices for a residential or an auto insurance policy purchased for the purpose of renting a car would be higher than a similar policy for a homeowner. But you must consider that renters in Los Angeles live in apartments that were designed to accommodate them. This kind of living space includes basements, walls, garages and so on.
What about vehicle safety? If you're a city dweller, you know that many areas of the city are designed in such a way that falls under the Fair Housing Act which requires builders and housing authorities to include provisions to make sure all units are able to fit into each other.
Where does your address influence car insurance prices in Hollywood? There may be several things at play here. One issue is location. Why?
Families where parents work, have both parents in the home. In many cases, this is a family with many children. With the kinds of homes that are built today, often the biggest question is where is the family going to sleep? That might be an issue for you.
Does location influence automobile insurance? It is said that not only are the location related to car insurance, but location is related to mortgage and mortgages are very much tied into location. Many people choose to purchase their homes or invest in a house (now a rental) in the lower cost area because it will lower their mortgage rate and eventually have a lower payment.
How does your address affect car insurance prices in Hollywood? Keep in mind that if you are a resident of the area and you live in a home where a percentage of the family lives there, you're being asked to pay the same rates. For instance, suppose the best areas to get your car insured are located in, say, Bel Air and North Hollywood, how does your address affect prices?
How does your address affect car insurance prices in Hollywood? If your residence is located in Beverly Hills, you are not going to pay as much as someone who lives in Brentwood or Santa Monica. The reason?
How does your address affect car insurance prices in Hollywood? It's quite simple, actually.