Why Does Credit History Factor Into the Cost of Vehicle Insurance?
Posted on Tuesday, Oct. 12th 2010 6:53 AM by Online Vehicle Insurance Quotes in Vehicle Insurance No Comments »
Most major car insurance companies are using your credit score as a very important factor in determining the rates you pay. But why does your credit history have anything to do with insurance? Right or wrong, studies have shown that consumers with higher credit scores tend to have fewer accidents and claims that consumers with poor credit.
Related posts:
- Vehicle Insurance with Poor Credit History While most are taught to take care of their credit, individuals with poor credit history are not only hit with high interest rates, but could end up with higher premiums. Insurers believe that the way a person handles their finances reflects the chances that they will file a claim and have done numerous studies to […]...
- Good Credit Rating Discounts, Online Vehicle Insurance Believe it or not, some insurance companies also use your credit rating when considering extending auto insurance discounts, and a poor credit rating can affect your auto insurance premium....
- The Biggest Factor in California Vehicle Auto Insurance The Biggest Factor in California Vehicle Auto Insurance: As we’ve talked about many times before, there are any number of factors that will contribute to your Vehicle insurance premium rates. What you may not realize is the pecking order that comes with those factors. Traditionally, it’s been the assumption of many that the most important […]...
- Factors that Affect the Cost of Vehicle Insurance An individual who resides in the United States will more than likely need to obtain auto insurance at one point in their lives if they plan on operating an automobile legally; unfortunately many consumers look to find out how much does car insurance cost and never fully understand what will affect what they will ultimately end […]...
- Correctly Shop for Online Vehicle Insurance without Personal Info Correctly Shop for Online Vehicle Insurance without Personal Info...
- Insurance Quotes – No Personal Info Needed Privacy and security is among one of the top concerns of many individuals and keeping some of the most valuable information safe is a high priority of many consumers whether shopping online or off. Fortunately, unlike applying for a credit card or home loan and trying to get the lowest interest rate, getting quotes for […]...
- More Accurate Online Vehicle Quotes More Accurate Online Vehicle Quotes...
- Comparing Online Vehicle Insurance Quotes without Personal Information A car insurance quote comparison is probably the most effective tool that a consumer has to combat and avoid paying high rates for automobile coverage. Unfortunately, it can be a little bit time consuming to answer all of the questions needed in order to obtain rates from various insurers, especially if a person were to […]...
- The Cost of Auto Vehicle Insurance Policies The price that a motorist pays for automobile coverage is dependent on many factors. There are a large amount of companies that are licensed to issue policies within a given state and each one will likely charge each applicant differently. Therefore it may be wise for those looking to acquire a new policy to obtain […]...
- Risks that may Lead to Higher Insurance Rates The majority of consumers are well aware of the fact that auto insurance companies take a number of factors into consideration when an individual applies for automobile coverage in order to calculate rates. The most common factors used to determine what an insurer will charge a motorist for a policy is a driver’s age, gender, driving […]...
- Shopping for Low Cost Auto Insurance, OnlineVehicleInsurance.com Motorists who have shopped around for vehicle coverage are well aware of the fact that cost of car insurance can differ substantially with each company they obtain a quote from which makes finding the a carrier that can offer the lowest costing policy all the more important. Most insurers are able to offer the same product that a consumer is looking for, but that does not mean that the same price will be charged; therefore, individuals must take the time to the provider that can deliver the cheapest rates based on a particular driver’s criteria....
- Major Factors Affecting How Much Vehicle Insurance Costs Major Factors Affecting How Much Vehicle Insurance Costs...
- Major Factors Affecting How Much Vehicle Insurance Costs Major Factors Affecting How Much Vehicle Insurance Costs...
- Safely Shop for Low Cost Vehicle insurance quotes An individual’s personal information, such as credit card, driver’s license, and social security card numbers are all details that usually should not be given out freely when searching for a vehicle protection plan. This data is rarely required, and if a particular company insists of having this info before being able to provide an estimate […]...
- Good Driver Auto Insurance Discount, Online Vehicle Insurance Overall, your safe driving record is by far the biggest contributor to auto insurance discounts. If you have not had any moving violations or accidents for the past three years, you may be able to reduce your premiums by up to 40 percent through safe driving auto insurance discounts. Discounts For Safe Drivers and Premier […]...
Posted on Tuesday, Oct. 12th 2010 6:53 AM | by Online Vehicle Insurance Quotes | in Vehicle Insurance | No Comments »