Insurance companies use your insurance history to calculate your premiums. With a few exceptions, some insurance history is better than no history. For example, teenagers without any insurance history might pay more than their counterparts who have been on their parent’s insurance policies.
Below are some aspects of your insurance history that interest insurance companies.
Denied or Cancelled Coverage
Your insurance company wants to know whether other companies have canceled or denied you coverage in the past.…
Drivers in virtually every state are required to possess an auto insurance policy that meets their state’s minimum requirements, so there is no shortage of auto insurance providers competing for your business. While every individual represents a unique set of circumstances, there are a number of things that everyone can do to increase the likelihood of finding the best possible insurance provider for them. If you are currently shopping for auto insurance – or plan to in the near future – take a look below at just a few of the tips you should keep in mind.…
Maintaining an active car insurance policy is one of the most important things you could ever do. Driving is a risky activity, and each time you set out on the road, there is a chance you could get into an accident. If you hit another vehicle and are found to be the at-fault party, you have financial protection so you don’t have to face a lawsuit on your own. Also, if you happen to hit a curb or guardrail and carry full coverage, you can file a claim and get the damage at least partially taken care of without having to dig too deeply into your own pockets.…
