Things Auto Insurance Companies Don’t Want Consumers to Know
Making decisions about your auto insurance policy is not only complex but can be quite confusing too. The decision about your auto insurance coverages and premium often involves careful decisions about many items, such as :
– Comprehensive coverage
– Collision coverage
– Liability coverage
– Uninsured motorist coverage
– Deductibles for various coverages
– and many more…
For a consumer, making these decisions are not always easy, and on top of it, policy and related documents provided by the insurance company can also be difficult to understand how your decisions about various coverages and deductibles impact the pricing of your auto insurance premium.
An educated customer on insurance subject can surely make better and smart choices about their auto insurance policy, which can also help a customer bring their auto insurance premium lower and more affordable. Therefore auto insurance companies don’t really want consumers to know about different choices or decision points about auto insurance premium pricing.
Here is a list of some of the key items impacting your policy premium price that auto insurance companies don’t want you to know.
– A credit score impacts your auto insurance premium price.
– Street address or zip code of your home impacts your premium price.
– Your car type impacts policy premium prices.
– Your age impacts auto insurance premium prices.
– Gender, marital status, job, young adult kids and education level can impact premium prices.
– Car purchase with a loan can make your policy premium high.
– Your auto insurance may not be tied to the actual car driver.
– Prior claims and questions increase the auto premium price.
– You have an option to check your report for errors.
It is always a good idea to understand the auto insurance policy and spend some time to research on details so that you can make smart choices about your auto insurance policy, which will help you save money and also help you ensure that you have the right kind of coverages for your use and need of auto insurance.
For example Many times consumers don’t realize that auto insurance is actually tied to your car. Therefore if you allow someone else to drive your car, your insurance policy may kick in if there is an accident or incident.
Having said that it is also important to note that your insurance policy may not cover all different kinds of uses of your car thus it’s important to know that fine print or exclusions.
Another important point to know related to your auto insurance is that all insurance companies share information.
Auto insurance companies share their information through two major databases:
– Comprehensive Loss Underwriting Exchange (CLUE)
– Automated Property Loss Underwriting System (A-PLUS).
These databases are owned and managed by third parties or outside agencies, which includes any auto insurance claims you may make. This information is recorded and stays in your report for 5 to 7 years. LexisNexis company maintains the CLUE database and reporting for the same while Verisk Analytics maintains and A-PLUS database and reporting.
The Fair Credit Reporting Act entitles you to have a free copy of your report once a year. As a consumer and for your report, you can also challenge or dispute any inaccurate or incomplete information.
MyMoneyMyQuotes.com strives to educate our users and allow them to get and compare auto insurance quotes for FREE. Our team at MyMoneyMyQuotes.com works very hard for you so you can enjoy the benefits of making the most suitable decision for your auto insurance needs. It is very important to take some time and research so you can save money and also pick the right kind of auto insurance coverages for your needs.
Happy shopping and compare your auto insurance quotes for FREE at www.MyMoneyMyQuotes.com
Thanks for the marvelous posting! I definitely enjoyed reading it,
you happen to be a great author.I will ensure that I bookmark your blog and may come back someday.
I want to encourage that you continue your great writing,
have a nice weekend!
Greate post. Keep posting such kind of info on your site.
Im really impressed by your site.
Hey there, You have performed a great job. I’ll certainly
digg it and in my view suggest to my friends. I’m sure they’ll be benefited from this web site.
Hi there friends, its wonderful article regarding tutoringand fully explained, keep it up all the time.
When someone writes an article he/she keeps the thought of a user in his/her brain that how a user can understand it.
Thus that’s why this article is outstdanding.
Thanks!
Very good article. I’m going through many of these issues as well..
I’m not sure where you’re getting your info, but good topic.
I needs to spend some time learning much more or understanding more.
Thanks for excellent info I was looking for this information for my mission.
Hello, constantly i used to check weblog posts here early in the daylight,
for the reason that i enjoy to find out more and
more.
I constantly emailed this webpage post page to all my friends, since if
like to read it after that my links will too.
Keep this going please, great job!
My partner and I stumbled over here coming from a different page and thought I
may as well check things out. I like what I see so now i am
following you. Look forward to exploring your
web page yet again.
Woah! I’m really enjoying the template/theme of
this blog. It’s simple, yet effective. A lot of times it’s hard
to get that “perfect balance” between user friendliness and
appearance. I must say that you’ve done a fantastic job with
this. Also, the blog loads very fast for me on Firefox.
Exceptional Blog!
Way cool! Some very valid points! I appreciate you writing this article plus the
rest of the site is really good.
Hi there everyone, it’s my first pay a quick visit at this
web site, and piece of writing is in fact fruitful in support of me, keep up
posting such content.
Hmm it looks like your site ate my first comment (it was extremely
long) so I guess I’ll just sum it up what I submitted and say, I’m
thoroughly enjoying your blog. I too am an aspiring blog blogger but I’m still new to the
whole thing. Do you have any suggestions for inexperienced blog writers?
I’d really appreciate it.
Hello, every time i used to check weblog posts here early in the dawn, as i like
to find out more and more.
Its like you read my mind! You seem to know so much about
this, like you wrote the book in it or something. I think that
you could do with some pics to drive the message home
a little bit, but other than that, this is magnificent blog.
A great read. I’ll definitely be back.
Thanks for finally talking about > Things Auto Insurance
Companies Don't Want Consumers to Know < Loved it!
These are genuinely enormous ideas in regarding blogging.
You have touched some good things here. Any way keep up
wrinting.
Its not my first time to go to see this website, i am visiting this site dailly
and get good data from here every day.
all the time i used to read smaller posts which also clear their motive, and that is
also happening with this paragraph which I am reading at this place.
This design is incredible! You obviously know how to keep a reader entertained.
Between your wit and your videos, I was almost moved to start my own blog (well,
almost…HaHa!) Fantastic job. I really loved what you had to say, and more than that, how you
presented it. Too cool!
Like!! I blog frequently and I really thank you for your content. The article has truly peaked my interest.
Muchas gracias. ?Como puedo iniciar sesion?
Hi, I read your new stuff regularly. Your story-telling style
is awesome, keep up the good work!
Very energetic article, I enjoyed that bit. Will there be a part 2?