Comments on: Auto Insurance Rates – Get Free Auto Insurance Quotes Online

By: Matthew A

Matthew A — Mon, 20 Apr 2009 23:07:48 +0000

A bigger engine, means the car can go faster. A faster car does more damage on impact than a slower car. More damage equals higher claims.

Also, cars that are advertised as "fast", tend to be used/purchased more by people who tend to speed, thus having accidents with higher claims damages.

Lastly, the raw data shows that cars with bigger engines, on the whole, have higher/more frequent claims payouts than cars with smaller engines. And it's the last bit that REALLY counts. Why do 16 year olds have higher claims payout? It doesn't matter – they do, so their rates are higher. Why do 8 cyl. engines have higher claims payout? It doesn't matter – they do, so their rates are higher.

By: PUB H

PUB H — Mon, 20 Apr 2009 20:58:06 +0000

No it does not. While insurance companies do look at a persons credit now to help set rates, this is a soft pull and has no affect on your credit score.

I've had good info about it here:

http://autoinsurance.hotusa.org

Hope that helps.

By: poisonrock14

poisonrock14 — Mon, 20 Apr 2009 01:59:37 +0000

You can get a QUOTE at ANY age…..however, a QUOTE is ONLY a quote.

In order to buy an insurance policy, you will have to be at LEAST 18 to have the policy in your name. You have to be at least 18 to sign a contract and an insurance policy IS a contract.

Until you are 18, you will probably have to be on your parent(s)' insurance policy.

Good luck and I hope this helps!

By: remotefuse

remotefuse — Sun, 19 Apr 2009 23:54:53 +0000

The broker probably had a proprietary website that he pays for to do comparisons.

There is no ONE insurance company that is right for everyone – everyone is rated individually – and all companies have different "likes and dis-likes", different credit tiers, different business models, and many other factors that can vary your rate – and a QUOTE is ONLY a quote until the policy is issued.

Typically, insurance rates will vary from State to State and can even vary by ZIPCODE! It also will depend on the type of car/truck, coverages, limits of liability, and driving record. Some companies run credit scores and MOST run a motor vehicle report and CLUE (Comprehensive Loss Underwriting Exchange) report to see about undisclosed accident involvement.

The best thing to do is call a LOCAL independent agent or broker. Don't go across town, or to some other city – look for someone CLOSE. Just look in the phone book for the PIA or Big I (Trusted Choice) logos and you will find a professional licensed agent that will be able to help you solve your insurance problems, and give you rate comparisons of several different companies.

An independent insurance agent will normally have a dozen different companies and if he cannot help you, he should be networked with other local agents that can.

In my agency, we have companies that do NOT run a credit score and welcome drivers with "less than perfect" driving records and specialize in youthful operators!

Most of the replies on this site say "go to this on-line carrier or that on-line carrier or that 1-800 number" but I'm sure that when you do, you will find some impersonal computer user with a script to work from and you won't be able to talk with the same person every time you have a problem!

Good luck, drive RESPONSIBLY and I hope this helps!

By: Dick S

Dick S — Sun, 19 Apr 2009 21:40:53 +0000

Cause as brokers they get negotiate different deals with the insurers depending upon how much business they introduce to each company etc. Some insurers offer better deals to brokers based on a higher percentage of the brokers total business.

This site also provide some tips about this -

http://autoinsurance.hotusa.org

Have a nice day.

By: Sandra

Sandra — Sat, 18 Apr 2009 09:13:07 +0000

Assuming you're in the USA;

http://www.AutoInsureUSA.info is a great resource. It is a simple Zip Code Submit Form. Once you submit your Zip Code, you will be presented with a list of Car Insurance companies available in your area

By: Cris H

Cris H — Fri, 17 Apr 2009 12:46:10 +0000

For car insurance the quickest way to get a cheap quote is do a auto policy comparison. Be sure to choose the same coverage levels, you can get an fast quote to compare against others. Use the same city/state, car make/model, mileage and driving history to ensure you get an apples to apples comparison. To get mulitple auto quotes, go to http://www.simpleautoquotes.com/Auto-Insurance.html and you can compare the major auto insurance companies.

By: elags50

elags50 — Fri, 17 Apr 2009 12:42:12 +0000

When someone runs your credit, you lose 4 points from the agency they use. When several people pull your credit within a set number of days, it is assumed that you are shopping and you lose only 1 point for each search after the first one. So if, in one day, 6 companies pull your credit from Equifax, you will lose 9 points from your Equifax score.

By: aim2lead

aim2lead — Fri, 17 Apr 2009 12:36:08 +0000

Those should be "soft" hits (not applications for new credit) and won't affect your credit score very much. Most insurance companies do factor in credit history when determining rates.