What Auto Insurance company company does not base your rates on your credit score?
2006-10-05 04:36:10 · 7 answers · asked by lecter098 2 in Cars & Transportation ➔ Insurance & Registration
They don't use that as a sole determining factor. It's just part of it. Some states don't allow it. Some have companies have different companies within the structure that are more relaxed when it comes to that, but you pay a little more because you can't get into a preferred company. Just check around
2006-10-05 10:14:37 · answer #1 · answered by Chris 5 · 0⤊ 0⤋
How To Rate And Compare Auto Insurance Companies
Auto Insurance companies are very competitive to earn your business online. With online access, it is much easier to rate and compare auto insurance companies today. You can get fast quotes from many different companies with just a few clicks of your computer mouse. No more having to call sales rep after sales rep in search of a good auto insurance policy. There are some important aspects to consider before you purchase an auto insurance policy.
How Do I Rate An Auto Insurance Company Online?
There are so many fly-by night auto insurance companies these days. One of the first things you can do is look into the financial strength of the company. The best way to do this is a simple search online of Standard & Poor’s Ratings. You can get 1,000 of ratings in regards to the auto insurance companies you are considering. Information is provided on 1,000’s of detailed financial profiles from insurance companies.
This will give you the details of the risks that can effect an insurance company and what the future of the company may be in the long term. You can also do a search on Fitch Ratings to get information on the auto insurance companies you are considering. Try to take the time to look into at least three companies when you rate and compare companies online. This will give you a good idea of the difference between companies.
2006-10-05 10:43:55 · answer #2 · answered by sunnyday11 2 · 1⤊ 0⤋
Many online companies don't base your rate on your credit. Try getting a quote online. I was paying double with a "top" company that used credit.
Get car insurance quotes at:
http://www.insureme.com/landing.aspx?Refby=613979&Type=auto
I hope that helps! Please vote me as best answer/thumbs up!
2006-10-07 00:18:26 · answer #3 · answered by Sandy Wilson 1 · 0⤊ 0⤋
None of them do that for the amount you pay as far as I know. They should be more interested in the type of vehicle you want to insure and your driving history.
They might need to check out your credit score if you want to pay monthly instead of in full at the start of cover.
2006-10-05 04:44:56 · answer #4 · answered by Anonymous · 0⤊ 0⤋
None are based on credit uless you have a cancellation for nonpayment. Depending on where you are you may have a little harder time getting a comprable rate. Rates are based on experience, accidents, claims, convictions, continuous insurance(no gaps in coverage) and coverage requested.
2006-10-05 05:07:50 · answer #5 · answered by Marie 4 · 0⤊ 0⤋
I am not sure, but I have bad credit and I got a good rate with Geico. I would check them out.
2006-10-05 04:38:57 · answer #6 · answered by Virginia Gal 3 · 0⤊ 0⤋
Credit score is just a factor, not the entire basis used. You will have to ask them ---
2006-10-05 06:07:23 · answer #7 · answered by Anonymous · 0⤊ 0⤋
none of them
2006-10-05 05:04:24 · answer #8 · answered by D.C 2 · 0⤊ 0⤋