Is there auto insurance for the unemployed?

Does being unemployed affect your auto insurance? If you’re out of work, it’s difficult to qualify for things like auto loans or credit cards. Lenders and credit card issuers only offer credit to people who have a regular and reliable source of income. But is there auto insurance for the unemployed? You might assume auto…

→ Read More

Why is my auto insurance score going down?

Your auto insurance score is one of the most basic ways that car insurance companies figure out how much to charge you for your auto insurance coverage. It is made up of a long list of factors, including information that is available in your credit report and your driving record. You may also sometimes see…

→ Read More

What is a good auto insurance score?

What is an auto insurance score? Even though they sound similar, your insurance score and your credit score are actually two different things. Your insurance score helps auto insurance companies determine what coverage rate to charge you, as it evaluates your risk as a driver. What is a good auto insurance score? Insurance companies are…

→ Read More

Does getting an auto insurance quote hurt your credit score?

Most drivers are aware that a car insurance carrier will check their driving record before offering them a policy and providing them with a quote. However, some do not know that many carriers will also check your credit score to help determine your policy premium. While this may come as a surprise, car insurance companies…

→ Read More

Why do car insurance companies check credit?

While most consumers expect to have their credit checked when applying for a car loan, a mortgage, or even as a pre-employment screening, many are unaware that their credit can affect what they pay for car insurance. This can seem alarming and invasive, but car insurance companies rely on credit scores to assess how risky it…

→ Read More

Why do auto insurance companies use a credit score?

Auto insurance is exceedingly important if you own a car. It provides you with protection if you are involved in an accident and can also provide you with protection if your car is a total loss. Having the right auto insurance can save your finances, so picking the right insurer and getting a good policy…

→ Read More

How important is my credit score to an auto insurance company?

Contrary to common belief, a driving record is not the most important factor when calculating auto insurance rates. Lenders will look at your credit report to determine the level of risk. Studies done on auto insurance firms indicate that over 90 percent of all auto insurance companies use a scoring system known as “insurance risk score.” …

→ Read More

Cheap Auto Insurance Coverage

Shopping for cheap auto insurance coverage has never been easier. It doesn’t matter who needs cheap auto insurance coverage. It can be: One person A married couple A non-married couple An entire family They can search for liability coverage only, or they can purchase the most extensive coverage possible, and everyone looking for insurance can find…

→ Read More

What is an auto insurance score?

Auto insurance companies rely on auto insurance scores to determine a customer’s insurance premium. While insurance companies used to rely on your accident and claim history to calculate your premium, they now also factor in your credit and financial history. The young man speeding by you in the cherry-red Mustang might be paying less on his…

→ Read More