9. pay in full
Paying your insurance policy in full usually entitles you to a nice discount from the company. If you have the extra money, there is no need to think twice about taking advantage of it.
8. Do not hide the activity of insurers
On a daily basis, he would ask customers to call for quotes and not reveal an accident, ticket or suspension they had in the past, thinking the insurers weren’t checking. However, insurers check these things.
Be honest about your activity level in advance to get an accurate price. Don’t waste everyone’s time by taking out a policy with too low a rate or it will be cancelled.
7. Your car is only a very small part of your premium calculation
You may have a 2004 Camry, but that doesn’t mean you’re not a bad driver. In fact, you had 2 accidents in the last 5 years and racked up 15,000 miles per year. Also, you live in Miami, so you will probably have even more accidents. Your rates will be high if your credit rating is low.
In many states and for many businesses, your credit score is considered an important factor in determining your rates. A low credit score indicates that you are not good at paying your bills on time, which will lead to higher rates.