Auto Insurance Without a Credit Check – Read this and Save 40% or more on your car insurance by doing these 7 simple steps and save big money. The credit check is not the most important part of the application and even if your credit is bad you can still save money.
The answer to your question is most car insurance companies these days will do a credit check when you buy car insurance but not all of them will and you can sometimes get around it.
Also, keep in mind that even if your credit is bad you will not be turned down for car insurance, especially if you have a good driving record. Automobile insurance companies understand the times we are living in.
Auto Insurance Without a Credit Check – 7 Steps To Save Money :
- One way you can get around a credit check when you buy car insurance is if you buy it from the same company that you already have your policy with.
- Raise your credit score. Since you seem to be concerned about this area the first thing I would tell you is to get your bills caught up in and pay all of your bills on time for at least three months before you even apply for car insurance.
- Raise your deductible.
If you raise your deductible up from $200 per accident to $1000 per accident you will lower the cost of your insurance about 40%.
- Go to driving school.
If you do this you will lower your rate by 10% and if you have had any accidents or outstanding tickets diving school completion will remove the points on your drivers license and will in turn lower the cost of your car insurance.
- Get liability insurance.
If you go to a liability insurance policy for your car you will save another 20% on your car insurance. However, keep in mind that if your car is financed are going to have to have comprehensive automobile insurance because the finance companies will insist on it to protect their investment.
- If at this point, you are still insisting on no credit check with your insurance application check and see if you can get insurance through the company where you work.
- Another way of getting insurance without credit check is to make an application as part of a group and many times insurance companies will not do a credit check but there is no guarantee with this method.
Jimmy says most insurance companies are probably going to do a credit check but there are still ways you can lower the cost of your car insurance. Auto insurance without credit check is not usually the case but you can save money with or without a credit check as part of your insurance application.
Do auto insurance quotes affect credit score?
An inquiry will be added to your credit report each time an insurance company accesses your credit report. But, the inquiries will have no effect on credit scores or lending decisions. They are not provided to lenders, so they are not considered in credit score calculations or lending decisions.
Selecting the Right Car Insurance Company – Auto Insurance Without a Credit Check
Shopping for car insurance probably isn’t on your top ten list of fun ways to spend your afternoon. However, nearly every state in American requires you to maintain a minimal level of coverage.
Driving uninsured really isn’t a choice, because you’ll have no protection against the legal action that will result should you cause an accident.
Your country clerk’s office–that’s where you register your vehicle–can tell you everything you need to know about state minimum automobile insurance. Most states require all drivers to carry some level of liability insurance.
With this type of insurance, drivers are protected against the negligence of others on the road. As far as the specific amount of insurance coverage required, each state sets different levels.
The first step in selecting the right car insurance company is to do some basic Internet research. Some insurance companies offer quote comparison services, but don’t put too much faith into these numbers.
Instead, get a quote from each company individually. Also, see if there are potential discounts in consolidating all of your insurance coverage under a single policy.
Talking with local insurance representatives may give you a better feel for what these companies have to offer. Local reps may even be able to offer you a better deal than a phone salesperson.
Together with a knowledgeable local rep, you can determine what sort of coverage is best for your situation. With newer vehicles, more comprehensive coverage is probably a good idea. On the other hand, liability should be more than enough for an old clunker.
Most car insurance companies offer a variety of discounts for both safe driving habits and vehicle safety devices. Investigate these potential discounts and make sure you’re getting the best possible rate for your situation.
Devices like air bags and anti-lock breaks will both reduce your premium amounts. Some insurance companies may even offer a discount if you complete a driver safety course.
Positive word of mouth can be a fair way to gauge a car insurance company’s likelihood to meet your needs. Ask your good friends and neighbors about their auto insurance policies and get some recommendations.
If you notice a pattern of horror stories about the same company, then you’ll know to steer clear. Car insurance that leaves you high and dry when you need it most is not a smart choice, no matter how cheap the rates may be.
The most important thing to remember when deciding on a car insurance company is to cast a wide net. If you take advantage of the first offer that sounds good, you may miss out on other offers that could be even better. Be patient throughout this process, and your pocketbook will reward you.
How Much Coverage Does Your Used Car Need ?
So, you’ve recently purchased a pre-owned car in order to save some money. This is a smart move, for if you know where to shop for vehicles you can find a good deal on a used car with great gas mileage.
Given the state of the economy and the cost of gas, it’s no surprise that people are looking for more fuel efficient modes of transportation.
Now that you have your car, though, next comes the question of insurance. You might think that because you have a used automobile, you won’t need as much coverage on it as you would for a newer model.
Actually, the question of how much insurance you should have will depend on a number of factors, and while the question of your car’s age and condition will come into play, having a used auto doesn’t necessarily mean you can skimp on your policy.
First thing to realize: it is very risky to drive around without any type of car insurance. If you were to get into an accident and have no policy, you are not covered at all for any damage done to your vehicle.
If you cause the accident, too, you’ll find yourself in deep trouble if there is damage and injury involved! What’s more, it is against the law throughout most of the United States to drive uninsured, so if a policeman were to stop you on the road and learn you have no coverage, it could mean the suspension of your license or something more severe.
Depending on where you live, you will be required to hold liability insurance for as long as you drive and/or own a car. If you are feeling the pinch for money because of the economy, or if you feel your car isn’t valuable enough for massive protection, you may consider a policy at minimum cost.
Bear in mind, however, that while you may receive compensation down the road, a minimal policy may not cover certain things like injury or theft. It’s important to discuss with an insurance agent exactly what your policy will handle.
Some states will also require you to carry personal injury protection, or PIP insurance, which can compensate you in the event you are hurt. Such coverage also comes in handy should the driver of the car crashing into yours turn out to be insufficiently covered.
Bottom line, the amount of coverage you should have for your used car should be enough to help you with medical expenses and reasonable repairs. The exact amount of a minimum policy is determined by where you live and perhaps even the value of your automobile, but it’s important to remember that you should have a policy in the event something happens.
Looking For Car Insurance Online?
Here’s a redundant phrase: wherever you go looking for something, people will always tell you to go online and find what you’re looking for. Car insurance is no different. The best place to find car insurance would be the internet. There are numerous advantages to why this is so, and convenience is merely one of them.
You may have heard of how easy it is to find insurance quotes online. You simply find a few websites, enter your zip code, enter a few pieces of additional information, and you’re good to go.
Most websites would be linked to multiple car insurance companies, so they actually act as a hub where you only enter your information once instead of doing it over and over again for each car insurance company website you come across.
Another advantage of going online to find car insurance is that you can find tons of companies that you didn’t know existed – that’s because they don’t. There are insurance providers that exist solely online.
They do not have brick and mortar offices, but they are legit insurance providers. However, there are some “online only” insurance companies that may seem shady to you. If your gut tells you that it’s a scam, do a background check.
Since you’re already online, you can simply Google the name of the insurance company that you’re doing a background check on. There should be consumer advocates and forums where you can read about the companies, whether they’re good or not, and whether they’re legit or not.
You should actually do this for any type of company, as reviews of car insurance companies will serve you well in the future.
Once indication that the website you’re looking at is fraudulent is the fact that they ask for too sensitive information. Information such as address and last four digits of your social is usually unnecessary until you sign a contract.
This is what the zip code is for. You’ll be asked to enter your zip code first, because it narrows the search down. From there, the quotes can be calculated based on the theft and accident rates on your zip code.
Anything related to credit card numbers should not be asked for until you seal the deal. Besides identity theft, there are also blatant scamming on the internet, so be careful. Your best defense is the power of the internet as well. Research about the companies.
Going online may seem easy, but it’s not THAT easy. You still have to be patient and diligent enough to get the best quotes. The fact remains that you do get a higher chance of getting cheaper car insurance if you go online.
How much liability car insurance do i need
Bodily injury liability and property damage liability insurance are the most basic components of auto insurance policies. In the event that you are found to be at fault for an auto accident, bodily injury (“BI”) liability insurance covers other peoples damages for bodily injuries or death, up to the amount of the policy limits.
With the exception of New Hampshire and Wisconsin, all states and the District of Columbia require drivers to have BI liability insurance.
Minimum liability coverage amounts vary by state. The required amounts can be as low as $10,000 of minimum coverage in Louisiana, compared to $50,000 minimum liability coverage in Alaska and Maine. The majority of states require minimum BI liability coverage of $25,000 per person and $50,000 per accident.
When you have an auto insurance policy with $25,000/$50,000 liability limits, what this means is that the policy will pay up to $25,00 per person for BI damages and up to $50,000 total BI damages for all parties involved in the accident. The policy would only pay if you are at fault and will not pay more than $50,000 total for the accident.
For example, if there were three injured people in another vehicle in an accident in which you were deemed to be at fault and they each incurred $25,000 dollars in BI damages incurring a total of $75,000 in damages, your policy would still only pay a maximum of $50,000 for their claims.
You would then be responsible for any excess damages beyond the policy limits. $50,000 may seem like a lot of coverage but with the cost of health care today and the massive damages that can result from an accident, you would be well advised to get the amount of coverage you can afford.
BI liability insurance also pays for legal defense if another party files a lawsuit against you as the result of an accident. Personal injury claims resulting from vehicular accidents are common. Claims for bodily injury may include medical bills, loss of income from work, and general damages for pain, suffering and inconvenience among other damages.
Insurance companies allow you to purchase BI coverage for limits well beyond the required minimums. If you own a home or have other assets, it makes sense to get the amount of coverage that will protect you in the event of a serious accident.
If the damage involved in an accident exceeds your policy limits, you could be forced to liquidate property, savings, other assets, or your future earnings to pay for the damage. It is important that you have the right amount of coverage to protect your assets.
How much liability car insurance do i need
If you own a home and have savings, you need enough liability insurance to cover their value. The most liability insurance you can buy on a car insurance policy varies by company. Common maximum limits are $250,000 for bodily injury per person, $500,000 per accident and $100,000 for property damag