Sunday, December 19, 2010

Auto Policy Discounts and Rate Determination

Auto insurance carriers may use a combination of rating factors to determine a policy price and discounts, including but not limited to:

  • No Accidents or Claims Past 3-5 Years
  • No Moving Violations
  • No Lapse in Insurance Coverage
  • Credit Score - see how your scores affect your insurance rate with TrueCredit Credit Monitoring or FICO® Monitoring“ "
  • Driver Education and Safety Courses
  • Owning your vehicle and/or home
  • Vehicle Safety Rating - see how your car’s safety compares
  • Anti-Theft Devices
  • Location Vehicle is Parked or Driving Mileage

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