LOS ANGELES, Jan. 20, 2019 /PRNewswire-PRWeb/ --
Compare-autoinsurance.org has launched a new blog post that
explains when is the best time to compare car
insurance prices online.
Each insurance company has its own algorithm for determining
premiums. For a company, a person might be considered high-risk,
while for another insurer the same person represents a standard
driver.
Policyholders should take into consideration the following
aspects:
- Insurance rates change frequently. Insurance companies tend to
change their rates often. It's important to search the insurance
market regularly, and when the prices are low, apply for an offer.
Depending on where the driver lives, insurance companies will raise
insurance prices just before the "dangerous" periods in a year. For
example, insurers will raise prices just before winter, so it's
recommended to buy insurance several months before winter
arrives.
- Credit score has been improved. In many states, where the law
allows it, the driver's credit score is an essential factor in
determining his/her insurance rates. Good and excellent credit
scores lead to significantly lower insurance rates, while poor and
low credit scores can substantially increase the policy rates.
- Insurance legislation has changed. Each state has its insurance
laws and requirements. These laws can be changed anytime and can
have a direct impact on costs.
- Drivers have maintained clean records at least six months.
First-time drivers and those that have a long lapse in their
coverage history are seen as high-risk drivers by the insurers and
have to pay high insurance rates. To pay less, these high-risk
drivers need to maintain a clean record for the first six months at
least. Their policy rates will decrease even further if they manage
to keep a clean record for years and gain the trust of the
insurers.
- Important life events. Some major personal changes can impact
the rates. Moving to a better neighborhood, getting married,
retiring, or getting a job closer to home have a positive an impact
on your insurance policy. Moving to a high-crime zone, getting a
teen driver on the family policy, or provoking car accidents can
have a negative impact on car insurance rates.
- Shop before renewal time. Many insurers offer discounts that
are up to 10%, if the driver switches to them just one week before
the current policy expires.
For additional info, money-saving tips and free car insurance
quotes,
visit https://compare-autoinsurance.org/
Compare-autoinsurance.org is an online provider of life, home,
health, and auto insurance quotes. This website is unique because
it does not simply stick to one kind of insurance provider, but
brings the clients the best deals from many different online
insurance carriers. In this way, clients have access to offers from
multiple carriers all in one place: this website. On this site,
customers have access to quotes for insurance plans from various
agencies, such as local or nationwide agencies, brand names
insurance companies, etc.
SOURCE Compare-Autoinsurance.org