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Why does your credit score and not your driving record determine your insurance rates?
I'm not sure where you got that information, but it's incorrect. Your insurance rates are based on the age and cost of your car, your age, your location and your driving history. The insurance companies seem to think that if you pay your bills on time you are more responsible and therefore lower risk driver. * It doesn't. As noted your driving record, age, location, type of vehicle,what the vehicle is used for (school, private business, etc.) determines insurance rates.
What else can I help you with?
How expensive are insurance for home and auto?
Costs vary for insurance for your home and auto depending on a number of factors. For auto insurance, the value of your vehicle, length of time driving, and credit record are important factors. For home insurance, the value of your home and your credit rating will determine insurance costs.
Can auto insurance companies charge you based on your credit report and not your driving record?
Auto insurance companies do not chrge you on the status of your credit report. They only look at your driving history.
Is my motor vehicle driving record automatically sent to my car insurance agency?
Yes, your car insurance agency has access to your driving record. They use it in part to help determine your premium rate. Your driving record can be requested by your insurance company but it is not automatically sent. It is normal for a company to review your record before issuing a policy.
If you get a ticket and you are not covered in the insurance of the car you were driving does the insurance go up?
A no insurance ticket becomes part of your overall driving record and can and will be used to determine rates for any insurnce policy you have or want to have.
What information does the insurance company used to determine your rate?
I assume we're talking car insurance. Definitely age. Your driving record. Married or single. Whether you've taken a driver's ed course. And sometimes your credit history and education.
Can i get auto insurance after a repossession?
If you have a repossession on your record and you have purchased a new vehicle, you will have no difficulty purchasing insurance. While some states allow auto insurance providers to check the credit history of applicants to determine their auto insurance rates, not all states do this. Even states that check credit history for premium ratings cannot deny you insurance strictly because you have a repossession on your record. While your premiums will be higher in the states that use credit history, you will be able to find insurance through large name insurers. The primary concern of the insurance company is your driving record and accident history. If you have a bad record, you have a more difficult time finding insurance and you may have to insure your vehicle through a high risk insurance company.
Is insurance for bad drivers in Illinois available?
Active Insurance will insure your car, and offer the SR22 and No Credit Check for those with a bad driving record, so you can use their insurance service.
Do you have to have your driving record to get car insurance?
No, they will ask you questions about your driving record, but they can get your record from the state you are applying in.
How much is car insurance if your sixteen?
That depends on your Age, Vehicle type, Region or zip code, Your driving record and your personal credit rating.
Is my insurance and driving record affected if i have an at fault accident while driving a friend's car?
yes. it goes on your record and insurance companys look at you record from time to time
How many points driving on your driving record for driving without insurance?
I'm not sure, but driving without insurance is STUPID, and DANGEROUS!
How does filing an accident report affect your driving record and insurance if you are not filing an insurance claim?
It goes on your record and your insurance rates get adjusted.
