The issue of not allowing insurance companies to base their rates on a consumers credit score is pretty much died down. Statistics prove that people with bad credit scores are in fact more likely to submit a claim on their car insurance. The fact is as much as the politicians say how much they are helping [...]
Ah, yor teenager finally turned 16 and passed drivers traing and you are thankful you dont have to drop them off and pick them up anymore from school and the mall!
However, that glorious feeling is quickly disipated when you get your michigan auto insurance bill from your insurance company and WOW-We….are you kiddding me? This [...]
Do you have your current Florida auto insurance and Florida home insurance with the same insurance company?
If not, it could be costing you hundreds of dollars in insurance savings a year!
As a homeowner you qualify for a 15% multi-policy discount for insuring both your Cars and Home with the same insurance company.
Another benefit to having [...]
Insurance rates are on the rise like everything else in America due to the financial markets and the US housing slump, insurers are losing millions in investment income and claims are rising throughout the Country.
RateElert.com offers the following 5 tips to help you find a lower insurance rate:
1) Look Around
The marketplace for car insurance is [...]
We put together the top 5 claim reporting tips/mistakes made by American drivers. In case you are involved in an accident you need to avoid these mistakes to ensure your claim gets paid!
Tip # 1: DO NOT leave the scene of the accident.
My friend did this once after wrecking a BMW M5 300 yards [...]
600 Insurance Companies have failed since 1976…will yours be next?
RateElert.com, the internet’s leading online insurance exchange that assists consumers with finding the right policy at the lowest rate possible , comprised the Top 5 Warning Signs to look out for so you don’t get stuck with an insurance company who is bankrupt at the time [...]
Insurance Rates have fallen for the 3rd straight time in 2009. The trend towards rate moderation is continuing. Underwriters received a better net rate for each risk they wrote in March but their gross premiums probably decreased due to the impact of the current recession on almost all types of exposures, such as payrolls, gross [...]
What does credit history have to do with the rate you pay for Insurance?
Insurance Companies group consumers based on their credit history because data shows, and a number of studies have proven, that credit history is a good predictor of future accidents and claims. This is not to say that all people with a poor [...]
Should you buy Insurance for your rental car?
Let us settle this right now!
In our ten years of advising people on their car insurance policies, this question comes up 3-5 times per day, so pay close attention to the answer (You can even impress your friends with your expert insurance trivia knowledge):
When you rent a car [...]
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