Your Credit Score is
repairable, it just takes
time, patience, and persistence to see
it happen. But, the advantages of a good
credit score will have you able to buy more
for less money and that is like getting a
raise that you control.
Be determined to get the . . .
Rate for Your Car!
Raise Your Credit Score
Letís say that you have a low credit score and
youíve allowed items to be repossessed, would you
loan money to someone like this?
Chances are probably not.
For that very reason an insurance company has real
fears that you might be a high risk at making your
insurance premiums on a regular basis or that you
may be a high risk of wanting to make a claim using
For this reasoning, you may have to pay a higher
premium or find it more difficult to obtain car
insurance from the first place you try.
The auto insurance companies have been in the
business for quite a long time and they have
virtually seen it all. Therefore, they must protect
their best interests just like you want to protect
your own possessions.
One thing that is a goal for you to achieve is to
improve your credit score and at the same time save
yourself a lot of money with car insurance premiums.
The other factors
that greatly affect the best car insurance rates for you
things you can control to a point. If you have a great
driving record, no tickets,
no accident claims, and your age is above 25 years of
age, you can shop for
the best car insurance rates in your location.
Your Credit Score Affect You Car Insurance Rates
Paying your bills on time
If you have missed a payment, bring up to date asap
Reduce the usage of any credit cards or revolving
Pay off as much outstanding debt as soon as possible
Even late bills on your utilities can factor into
your credit score
Donít take out new credit cards, this indicates
desperation or abuse
What else affects the price of your car insurance
Obviously, you need car insurance and it is a
requirement, so how else can you obtain the best
insurance premium price?
Other things that affect your insurance premium
Your driving record is on file if you have had
speeding tickets or accidents
Where you live is a factor not based on you
personally, but whether you live in an area that
incurs a lot of speeding, accidents, or thefts.
Your age, marital status, or gender
The type of vehicle you drive. Some cars have higher
theft ratings, or speeding data
And the type of insurance coverage you are wanting
and the deductibles applied
Again, you want the best for the least cost possible
and the insurance companies understand that, so
listen to their suggestions and weigh their answers
against another insurance company. Donít think that
the first place you stop in or click on is the best.
Every personís needs are different and not all
insurance companies are designed or priced to meet
your individual needs at you affordability.