Do Auto Insurance Carriers All Want to Insure the Same Driver Classification?
There are several different types of driver classifications. Auto insurance companies do not all want to write the same type of driver; therefore they all cater to a particular category of drivers. They often go after different types of drivers depending on what their business goals are. One insurance company may not be the best insurance company for everyone; therefore, it is important to get several different types of car insurance quotes or to know what classification a particular company caters to. One type of driver categorization is the driver with a longer driving history who has been accident, ticket and claim free record. This type of driver often has good credit and a moderate to high insurance score. Often, if approached, they would also carry home or renters coverage too. Their future risks for claims are lower than average; thus, their premiums can be kept low. However, sometimes this means that if the driver status changes with an accident or ticket, their rates can jump
Related Questions
- Will taking the Dorchester County Magistrates Court - Summerville South Carolina online driver safety course lead to a reduction of my auto insurance premiums?
- How does the age of the driver and the type of car matter when calculating auto insurance premiums?
- Why do I need a valid CT. drivers license and auto insurance?
