A question about credit and insurance premiums?

Question

Hello this is my first timing buying car insurance. Its me and my husband. IM the primary driver he insured driver. I have bad credit so me being the primary would that make it more expensive?? Should I take my name off or switch me and his primary position? Thanks for your help. I have geico but I feel it a little expensive. Its like 800.00 6 months 96 town car 99 firebird ram air t-tops. I went with the lowest coverage (bodily injury 25,000) I did it on the internet but should I go to a actual office. Its geico. I had to tickets in 2001 and he had 1 for tinted windows so no biggies. Is that expensive??

I'm 24 had license since 16 only the two tickets. He's 26 had his license lil over 3 years maybe 4 only the tinted window ticket. Thanks again.

Answer 1

It doesn't matter if you're primary or secondary on the loan--this is a different issue. Insurance premiums are based upon your own risk, i.e. the primary driver of the vehicle, the vehicle itself, and others who drive the vehicle,among many other factors.

Insurance is expensive period, regardless. Geico doesn't have offices and the few offices you can go into...it's not gonna matter. The agent plugs your info into a computer (just as you've done) and the premium pops up for him to see (as it did with you).

What you should be trying to determine is what insurance company has the appropriate types of coverage(s) based on your needs. I had Geico...they don't pay for anything on your car that wasn't put on it when it was built....this means any aftermarket items are not covered, including tinted windows. Sure they'll pay for the window, but they won't pay for tint. You have to purchase a separate endorsement for those items.
And you don't know this until 1) you get a copy of the policy and READ it or 2) it's too late.

Answer 2

I might suggest one to try this site where onel can get rates from different companies: http://insuranceforcheap.info/index.html?src=2YAemo1evA2a

RE :A question about credit and insurance premiums?
Hello this is my first timing buying car insurance. Its me and my husband. IM the primary driver he insured driver. I have bad credit so me being the primary would that make it more expensive?? Should I take my name off or switch me and his primary position? Thanks for your help. I have geico but I feel it a little expensive. Its like 800.00 6 months 96 town car 99 firebird ram air t-tops. I went with the lowest coverage (bodily injury 25,000) I did it on the internet but should I go to a actual office. Its geico. I had to tickets in 2001 and he had 1 for tinted windows so no biggies. Is that expensive??
Update: I'm 24 had license since 16 only the two tickets. He's 26 had his license lil over 3 years maybe 4 only the tinted window ticket. Thanks again.
Follow 4 answers

Answer 3

I'm sure they ran both of your credit scores when the policy was written and switching operators around is not going to change that. This is a perfect example of why it is better to have a local insurance agent to work with. They can review your situation and coverages to determine what is best for your case and make sure that you are getting all the discounts. The best thing to do now is make it for a full year with that stupid lizard (to establish prior insurance) and then sit down with an agent.

Answer 4

Depends where you live, how old the two of you are, etc. You say it is your first time buying insurance, so I assume you are both fairly young. How long have you been driving? Any accidents? Are you over 25 years old? All of these things play a role in calculating insurance premiums. The longer you have been driving, especially accident free, the lower your insurance will go.

Answer 5

I might suggest one to try this site where you can compare rates from different companies: http://HELP-INSURE.NET/index.html?src=5YAqqC1AOR8gjm1

RE :A question about credit and insurance premiums?
Hello this is my first timing buying car insurance. Its me and my husband. IM the primary driver he insured driver. I have bad credit so me being the primary would that make it more expensive?? Should I take my name off or switch me and his primary position? Thanks for your help. I have geico but I feel it a little expensive. Its like 800.00 6 months 96 town car 99 firebird ram air t-tops. I went with the lowest coverage (bodily injury 25,000) I did it on the internet but should I go to a actual office. Its geico. I had to tickets in 2001 and he had 1 for tinted windows so no biggies. Is that expensive??
Update: I'm 24 had license since 16 only the two tickets. He's 26 had his license lil over 3 years maybe 4 only the tinted window ticket. Thanks again.
Follow 5 answers

Answer 6

You need to find an independent agent not tied to any one company and have him look for the best deal for you. They look at many criteria to set rates, including your credit rating. Good luck.