If you have had any recent experience with your insurance agent’s response to your question “Can I afford car insurance?” then you know how important it is to be prepared and know what to ask.
If you ask an agent “Can I afford car insurance?” and they say no, then you should walk away for another representative to answer the question for you. However, if you ask the same question and receive the same answer, then there are many reasons why you may not be able to afford the premiums.
First of all, many insurance companies will only accept those insurance applications that have been preapproved by their credit bureau. When you apply for car insurance and are denied, the company will contact your credit bureau to find out why you have been turned down. As it turns out, the company believes you are a high risk driver, and thus you are a high risk insurance buyer.
It is important to understand that there are many ways to find out if you can afford car insurance. If you ask “Can I afford car insurance?” and the agent tells you no, then it is best to move on to another agent.
Before you decide to move on to another company, however, you’ll need to consider what factors will lead to your denial. You can find out by calling their customer service department or by visiting their website.
On the website, you can read about the rates that other companies charge, and this can be a good place to start your research. The most common reason for being denied for car insurance is that you do not pay enough into your plan. If you have no savings account, this is something that you will have to consider.
In order to determine your savings, you should know how much money you’re paying every month toward your coverage. If you’re married, your husband or wife is likely paying part of the policy, so it will help you know if you are paying too much or too little.
You can also find information online about the top ten car insurance companies in your state, so that you can compare their rates. If you are not sure which company to use, try asking an insurance expert who is licensed to work with many different insurance companies.
If you don’t pay your monthly premiums on time, the insurance company may increase your premium in an attempt to get their money back. If you are a student, you may be offered an education discount in order to cover the cost of your car insurance premiums.
It’s important to know the difference between insurance companies based on their coverage. While some may offer coverage that is more than others, most car insurance companies will give you more coverage. than they would be charging if you were to purchase from just one company.
The rates that you pay will be based upon your driving record, as well as your age. If you haven’t been convicted of a DUI or DWI in the past three years, you may be eligible for a discount that insurance companies charge to people who have never been involved in any driving related accidents.
If you’re married and still living together, you may be eligible for discounts based upon your married status. The more that you drive each year, the less money you pay for your car insurance. If you’re married, it may also be worth it to check with your insurance company to find out what discounts you may qualify for.
Although the cost of insuring your vehicle can vary widely depending on the coverage you are buying, it is possible that you can get a good deal on car insurance if you shop around. Remember that you must shop around for the best rate.