We review car insurance companies – you save money!

If you are one of the many people that are constantly breaking the law on the road, you could actually be not only paying for the tickets but you can also increase your premium on your car insurance.  In the next few blogs, we are going to talk about some of the things that can happen when you get a ticket.

Getting a ticket can be very embarrassing, especially if it is your first ticket, but there are different levels of tickets that can actually make your car insurance premium raise up.  For example, if you get a ticket for running a stop sign, you are less likely to have to pay more in your car insurance premium.

Speeding tickets though, those are the ones that can certainly get your premium up there.  In the next blog, we will talk about speeding tickets.

You know the old saying when it comes to car insurance that the price of the car that you buy is going to cost you a heck of a lot in the premium?  Well, it’s the truth.  The price tag on your car is actually going to increase the cost of your insurance premium.  For example, if you have a sports car that cost a lot of money … you probably will pay a lot more in car insurance.

One thing that you will notice though that the older your car is, the lower your car insurance premium is going to be.  If you have the latest and greatest car on the market, you are going to have a high insurance premium but if you have a ten year old clunker, you car insurance premium will be lower.

These are all myths that many people do not think that are true and some of them aren’t – but a lot are.  Just pay attention to your policy though and you should be fine!

Now that we have talked a little bit about your car and how the color of your car does not necessarily matter when it comes to how high you car insurance premium is, let’s talk about some more of the common myths that you might come across in the way of car insurance premiums.

One of the first things that you need to understand and that we do stress in this particular blog is that your credit score does matter.  To be honest, most people believe that their credit score simply does not matter and that is why they do not take care of it, but it does – it affects everything.

In the next blog, we are going to talk about how your car itself and the price tag on it can affect your car insurance premium!

When it comes to car insurance, there is a lot that I don’t know and I am sure that there is a lot that you don’t know.  If you are anything like me, you probably want to know everything there is to know about car insurance and what the myths are about it – well, that is what I am here for!  To provide you with knowledge.

In this series of blogs, we are going to talk about some of the most common myths in the car insurance world and how you might be able to avoid some of them.  Firstly – one of the most common myths in the way of car insurance revolves around the color of your car.

Have you ever heard the old saying that if you buy a red car you will actually get more speeding tickets or you will pay a higher premium?  That is not true in all cases, however red does generally mean a faster car.

Naturally, your driving record has a huge impact on your car insurance rates. Any driving violations are bound to make you pay more. This may refer to a moving violation — i.e., a DUI, DWI, a speeding ticket, a reckless driving charge, and so on — or an accident. Anything like this will put you into a high risk category, and that results in higher premiums. You can be penalized for up to five years with certain companies.

The type of vehicle you drive also affects your premiums. Naturally a cheaper car will cost less to insure than an expensive sports car.

As well, your credit rating plays a big part. If your credit rating is poor or if it is nonexistent, it can put you into a high risk group.

Even your occupation and education can play a part in what you pay.

Next up, let’s talk about marriage. No matter what your particular feelings might be about that, the fact of the matter is that if you are married, your car insurance rates will be less expensive than they would be if you are single. A married driver can have the exact same driving record as a single driver, and still pay less. And unlike your age or your gender, your marital status is actually something you can change.

So, too, is your geographical status. See, where you live can seriously affect your car insurance rates. Specifically, let’s say you live in a town or even a neighborhood where the traffic is very light. In that case, your car insurance rates will be less expensive than those for a person who lives in a city that is very congested.