Car insurance rates can be determined by a variety of factors. Read on to learn more about some of the criteria that could impact your rate.
Car insurance rates are calculated based on risk. Statistically speaking, drivers who have been involved in an accident are more likely to be involved in another traffic violation. A rate increase protects insurance companies from losing money. Therefore, your company will adjust your premium to ref...
While car insurance is necessary, insurance coverage can be costly. Learn some ways to lower your car insurance rate, like keep a healthy credit score.
Insurance premiums vary based on the coverage and the person taking out the policy. Manyvariables factor into the amount that you’ll pay, but the main considerations are the level of coverage that you’ll receive and personal information such as age and personal information. For car insurance,...
Credit-based insurance scores:Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit ...
A standard insurance policy does not pay you the cost of an equivalent new model. Nor does it guarantee a payment equal to the amount you may still owe on the car. Replacement insurance and gap insurance can eliminate those hazards but are costly additions. ...
Ensuring that the clamps are firmly connected and making good contact with the battery terminals is crucial to prevent this dangerous situation.Another common cause of smoking jumper cables is the use of cables that are not rated for the amperage needed for the jump-start. Jumper cables come in...
Well, here are a few tips for filling out car insurance claims accurately and efficiently: Call your independent insurance agent and have them file your car insurance claim directly through your insurance company. This will ensure you report all the necessary information and have the best possible...
3 WAYS TO GET CHEAPER CAR INSURANCE RATES What type of driver am I? There are three driver risk categories you can be assigned to, based on your driving habits and history. Preferred risk driver A preferred risk driver typically qualifies for the best car insurance rates because they present...
To qualify for the best credit card deals and get the lowest mortgage or car loan rates, you need a higher credit score. When looking at FICO scores, there are different ranges that indicate whether you have “good” or “bad” credit. Excellent: 800 and above Very good: 740–799 Good...