Car Accident Insurance

Car accident insurance can come in a variety of shapes and sizes, with premiums differing between higher costs and lower costs, depending on a number of factors that include the driver's history, coverage desired, and mode of transportation. Individuals interested in receiving a free auto accident insurance quote can either call their local agent or receive a no obligation quote from an online source. Online policy quotes are offered by national and local agencies. Some agencies only specialize in certain types of insurance while others are generalized. Companies offering coverage compete with one another, and shopping around for the best rate offered is advised.

Some car accident insurance quotes are tailored for the at-risk driver. An at-risk driver is considered to be an individual who has one or more at-fault collisions, a DUI or any other serious driving offense, several tickets (paid and unpaid), multiple collisions, and gaps in their policy coverage. If any of these factors may apply, there are high-risk auto accident insurance coverage plans tailored in that area. Individuals that are already low risk drivers and are seeking to reduce their policy rates should drive a less expensive car, take the highest deductible an auto accident insurance policy offers, and drop collision and comprehensive coverage. "Hold thou me up, and I shall be safe: and I will have respect unto thy statutes continually." (Psalm 119:117)

Individuals interested in receiving low rate policies should have good credit scores. The credit score is a new determining factor in the rate of policy premiums. Even if a driver has a great driving record and an inexpensive car, he will receive higher car accident insurance rates if he has a poor credit score. Experts advise individuals to obtain copies of their credit reports from all three nationally recognized credit reporting agencies: Equifax, Experian, and TransUnion.

Once the credit report has been reviewed for inaccuracies (inaccuracies result in 25% of lowered credit scores), a strategic plan of action to raise the credit score should be arranged. Car accident insurance quotes should be gathered based on the new higher credit score if the driver would like to obtain auto accident insurance at the lowest cost. It is not helpful for these agencies to pull a credit report when offering a free quote, as every company that pulls a credit report results in a one point decrease in the individual's credit score. Be sure to shop around for the best policy by knowing the credit score ahead of time.