Want to lower your car insurance rates? Get married. And raise your credit score.
What do marriage and credit scores have to do with car insurance?
Except in Massachusetts, Hawaii and California, states allow insurance companies to use credit scores to determine car insurance rates. And insurance companies use credit scores to determine rates because they’ve found a correlation between good credit and low frequency of filing claims.
Married people also often have lower rates than single people.
Here are four more ways to lower your car insurance rates:
1: Bundle your insurance. We offer numerous discounts for bundling your home, boat, motorcycle, business, umbrella, ATV, golf cart, snowmobile and other types of insurance with us. That’s a pretty good list. And a reminder that we offer many types insurance to cover virtually all your insurance needs.
2: Stay accident and incident free for at least three years. If you haven’t had a ticket or accident in the past three years you qualify for a safe driver discount.
3: Manage your policies online. We offer discounts to people who opt out of receiving paper policy documents and paper bills.
4: Pay electronically. By paying your bills automatically, you can get the maximum discount for payment method on your car insurance.
Questions about how you can reduce your car insurance rates? Give me a call at 303-922-1001