More information increases clarity which makes it easier to decide based on real evidence. It is understandable that car insurance companies are data hungry and cannot get enough of it considering they are dealing with all sorts of risks every day. Also, the cost saving aspect of using digital technologies almost forces their hands. Otherwise,…
Continue readingFactors Affecting Rates
There are so many factors affecting car insurance rates. They are explained, discussed and assessed on this site so that our visitors always get the best auto insurance quotes.
When Auto Insurance Rates Change the Most
There are many internal and external considerations in play when it comes to calculating premiums. Currently, many motorists are seeing hiked renewal rates due to external factors, mainly rising prices all across the products and services. There isn’t much they can do about it but they can learn about the factors they can influence to…
Continue readingHow Does Auto Insurance Tier System Work?
Lately, personal lines insurers have been adding various new rating variables to price each applicant more precisely. Additional data allows them group drivers and differentiate rates for each group. These car insurance tier rating systems help to ensure that good drivers don’t subsidize bad ones. This fairly new underwriting structure distinguishes careful and considerate motorists…
Continue readingAuto Insurance Rates by Zip Code
The difference in quotes between two identical looking vehicle insurers can be as clear as day and night. Also, where you live can increase or decrease premium a lot. That is why it is usually the first question asked on a proposal form. These points highlight the importance of comparing car insurance rates by zip…
Continue readingDo Speeding Tickets Raise Insurance Rates?
Getting caught driving over the limits raises a few questions in mind immediately. These are how much fine you will pay, how many points will be added to license and how much auto insurance will go up. The answer to last concern isn’t straightforward because many factors are considered when pricing a policy. The first…
Continue readingDoes Being Self Employed Affect Car Insurance?
Being own boss may sound great. However, it also means that you need to monitor things closely and make appropriate decisions to safeguard your financial wellbeing. You will need to sort out health, premises and vehicle insurance and avoid a catastrophic failure due to an unforeseen but protectable event. Essentially, it may require a bit…
Continue readingWhat Is SR22 Insurance?
Although it is widely referred to as SR22 insurance it is actually a filing to confirm existence of liability coverage. It is a certificate, which is usually provided to DMV by a vehicle insurer to confirm financial responsibility. It is also known as FR44 in some states. If you haven’t caused any accident or taken…
Continue readingAverage Car Insurance Rates by Age
It is easy to find the average premium costs in a state and it is a good figure to compare quotes to. However, median expenditure figures leave out so many variables. For example, the US avg. is $841 but it isn’t even clear what type of a policy a typical driver can buy for that…
Continue readingAverage Car Insurance Costs per Month
Knowing the median monthly auto insurance cost in your zip code helps to see if the premium is too high and how quotes are lining up in relation. This information would also help you plan ahead when you are considering buying a new vehicle. Then you can start checking if its rates are high or…
Continue readingWhen Does Car Insurance Go Down?
Policyholders love to see premiums drop at renewals and this post explains what makes them fall. It is a fairly general question and we will try to break it down below. Rates may gradually come down in many stages and after specific events or changes in circumstances. That is why it is important to rephrase…
Continue readingHow Much Does Car Insurance Cost?
A question like this can only be answered in terms of averages because every vehicle is protected differently and used in a diverse location by a unique set of drivers. Knowing how much is a median premium can give you clues as to what you should roughly be expecting to pay even though rates can…
Continue readingDo Parking Tickets Affect Insurance?
You may have to pay fines, penalties and appear in court depending on severity of a traffic infringement. For a ticket to affect auto insurance it has to go onto Motor Vehicle Records. If there is nothing adverse in there a surcharge cannot be applied for it. To answer this question we need to look…
Continue reading10 Tips to Get Cheap Car Insurance for Bad Driving Record
When you are deemed to be high risk you will discover quickly that you need to work harder to find the most affordable auto insurance with bad driving history. The problem is that quite a few companies are only keen on good applicants. They do accept higher risk motorists but they hardly offer them discounts….
Continue readingWhy Is My Car Insurance So High?
Ever wonder what makes your premium higher than others? Why has it risen to a point where you may struggle to afford it? Find out the top 10 reasons that can explain. You may be surprised with the causes and solutions can be much simpler than you think. If you find you are relating to…
Continue readingHomeowners Auto Insurance – Why the Big Discounts?
Calculation of premiums requires complex algorithms that try to take every possible risk into account. They are enigmatic to the point that every company uses proprietary pricing to help ensure their losses do not outweigh their profits. Of course they are businesses and need to make a profit. In the quest to lower losses, the…
Continue readingCheap High Risk Auto Insurance – Who Needs and Where to Buy
Most people may fall into the ‘high risk driver’ status at some point in their lives. As this designation refers to a variety of life and personal situations, understanding how you might be labelled a perilous applicant will be important. Firstly, it will help in avoiding it if you can. Secondly, you will learn what…
Continue readingHow Much Does a Claim Affect Car Insurance?
The real cost of an accident is much more than just the immediate auto insurance premium increase after a claim. Wide variety of people and institutions are affected and forced to bear the costs. Also, every motorists would have to pay higher premiums to compensate for the losses. On a more personal level, the policyholder…
Continue readingHow Do Zip Codes Affect Car Insurance Quotes?
There are a few factors that affect vehicle insurance premiums. Some of them are more influential than others. It is all about pricing risks of having to pay for claims arising from listed perils. As companies don’t employ fortune tellers to see the future they have to look at other indications. The obvious indicators are…
Continue readingHow to Find Affordable Car Insurance for High Risk Drivers
Some motorists may really be dangerous on the roads as they cannot help but get into accidents and pick up traffic tickets. However, there are other reasons why someone may be labeled as high risk. Being young or beginner, having no recent coverage history or poor credit score are some of the things that can…
Continue readingHow to Improve Credit Score and Car Insurance Rates
A good credit score increases the chance to borrow and qualify you for cheap auto insurance rates. When there is a clear sign of money mismanagement, lenders can refuse applications for loans or charge much higher rates. In the same way, some vehicle insurers can offer up to 20% discounts to motorists with excellent ratings….
Continue readingWhat Do Car Insurance Companies Look at for Accurate Quotes?
Underwriters can only ensure success by adequately gathering information and processing it to calculate accurate auto insurance quotes. It is in the best interest of both policyholders and them that all the relevant facts are considered and fair premiums determined. Factual details can help good motorists save money while further negative revelations can hurt people…
Continue readingHow to Find the Best Auto Insurance Policy for You
They may all look similar but the content is hugely different. Naturally, you would want coverage to fit your protection requirements nicely and the premium not to stretch the budget. Also, you would want to be with a reliable company who will not mess you around when you have a claim. If this is what…
Continue readingHow to Find the Best Car Insurance with Bad Credit History
Lately, underwriters place a lot more importance on applicants’ credit score and and can offer as much as 25% cheaper prices when it is good. Therefore it is important to make sure that you know how you can still get affordable automobile insurance rates when the current financial difficulties you are facing is a stumbling…
Continue reading10 Personal Choices that Influence Auto Insurance Premiums
When looking at a quote you see a dollar amount but many details are considered before arriving to that figure. Some of those are external and nothing can be done about them. However, a few of those influential factors are personal choices and you can play with them to get cheap car insurance premium in…
Continue readingAm I a Homeowner if My Spouse Own our Home?
Does your name have to be on the title to be considered as homeowner? What if one of the spouses alone owns the home they live in? Can the other still claim homeowner and other related discounts when buying car insurance? Naturally yes. Most companies see married couples as one. For example, they may allow…
Continue readingCar Insurance Discounts for College Students and Graduates
You might get special discounts if you are currently working towards or have a bachelor’s degree. Students or recent graduates don’t usually have a long driving history and they are considered high-risk due to age and inexperience. So you need to find these companies that offer the best vehicle insurance for college students since there…
Continue readingAre Hybrid Cars more Expensive to Insure?
Companies consider model, safety, price and popularity while calculating quotes. And some offer eco-friendly hybrid auto insurance discounts. They are a bit different in several ways than the ones with totally petrol-operated engines. In time there would be plenty more information and statistical data about them. This could improve or worsen their position in terms…
Continue readingHow Long Does an Accident Stay on my Driving Record?
You may have been enjoying pretty low premiums until making a claim. Once at fault collision goes on the record you lose the good driver discount. Now you are probably going to face an increased renewal quote. And you would be asking yourself how long does it take for car insurance rates to recover after…
Continue readingHow Much Does Insurance Go Up after an Accident?
An at fault accident is the primary tell sign that there is something wrong with a person’s driving. Do all auto insurance companies share the same view or some may be more forgiving after just one incident? This and many similar questions have been dissected below in order to figure out the effects of various…
Continue readingWhy Do Insurance Companies Ask for Social Security Numbers?
Many people get protective when they need to give sensitive information about themselves, especially online, even though those websites are protected and certain details are encrypted. However you need to provide Social Security Number when you want to buy an auto insurance policy but you don’t need it just to get quotes. We will discuss…
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