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When Should Drivers Check The Car Insurance Market?

Saturday, 17 August 2019 08:10 AM

Internet Marketing Company

LOS ANGELES, CA / ACCESSWIRE / August 17, 2019 / Compare-autoinsurance.org has launched a new blog post that explains when drivers should compare online car insurance quotes.

For more information and free online car insurance quotes, please visit https://compare-autoinsurance.org/when-its-recommended-to-check-car-insurance-quotes-online/.

Some events can affect the price of car insurance paid by a driver. In some cases, the insurance rates are affected positively and drivers will have to pay lower premiums. On the other hand, certain events will make the policyholders pay more money on their car insurance.

Internet Marketing Company, Saturday, August 17, 2019, Press release picture

Drivers who found themselves in the following situations should check the insurance market:

  • The credit score changed. In most states, the insurers can use a driver’s credit score to determine his insurance rates. Insurance companies consider that drivers with a poor credit score are less responsible and they are more likely to file claims. For these reasons, drivers with a poor credit score will pay more expensive premiums. On the other hand, drivers with a good or excellent credit score are regarded as responsible drivers who are less likely to file claims for car accidents. In their case, the insurance companies will reward them with lower insurance rates.
  • Legislation changes. The car insurance laws and requirement can be changed at any time. Also, each state has its own car insurance laws and requirements.
  • The driver managed to maintain coverage. Having an insurance lapse can make the premiums to be very expensive. New drivers and drivers who have a coverage lapse can lower their expensive premiums if they manage to keep coverage for at least six months.
  • Important life events. Some important life events can have a significant impact on policyholder's premiums. Events, like getting married, buying a new house, getting a job, or buying a second car, can help the policyholders pay less on their insurance. However, events like getting divorced, adding a teen driver to the policy, or moving to a bad neighborhood will increase the cost of insurance.
  • Renewal time is getting closer. Rival insurance companies will offer generous discounts to those drivers who have insurance policies that will expire soon. Policyholders should analyze all the factors involved before deciding between staying with the same insurer or singing a new deal with another one.

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

“There are many events that can affect the price of car insurance. For this reason, drivers should compare online prices once at every six months,” said Russell Rabichev, Marketing Director of Internet Marketing Company.

CONTACT:
Gurgu C.
[email protected]

SOURCE: Internet Marketing Company

Topic:
Advertorial
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