Brian Stevens: Hi my name is Brian Stevens, I'm a former Insurance Agent and financial consultant, and I want to show you how to get the best rate on bad credit auto insurance with the top rated company.
Auto insurance companies are figured out the people with bad credit, for 40% more claims and people with good credit, if you have bad credit your insurance could cost you 20-50% more insurance premiums in somebody with good credit.
A good news in not all the insurance companies use your credit rating as a factor in determining your insurance rating. In some states they wont allow insurance companies to use, so if you've been labeled as a bad credit risk, where suspecting may be you should shop around for auto insurance with other companies, there are websites were you can get auto insurance rates from a number of A-rated companies and also get advise from insurance professions absolutely free of charge. All you do is fill out a simple online questionnaire about the type of car you own and the type of insurance you want, wait for your quotes then choose the best one.
In addition to comparison shopping, here is some other ways to lower your insurance rate.
Raise your deductible; raising your deductible can save you $100 a year on your insurance premium. After a while the money is saved on your insurance premium or more than make up for your deductible.
Drop your collision and comprehensive coverage, if you drive an older car, particularly if your car is worthless and the total of your insurance premium plus your deductible consider dropping your Collison and comprehensive coverage. As repairs may cost more than your car's worth. Consolidate your insurance policies, purchasing your home loans insurance and renters insurance and auto insurance do the same company, can get you a 5-15% discount on your premium.
And finally get all the discounts you can, insurance companies offer discounts on their policies for all sorts of reasons. Ask your insurer about all the discounts you are eligible for and take advantage of them.
Visit LowerRateQuotes.com to get auto insurance quotes form top rated companies and see how much you can save, you can get more insurance tips in their article section and get answers to your questions first get advice on how to lower your premium from an insurance expert by using their online chat service. To visit this site just enter LowerRateQuotes.com in your internet browser.
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