Browsing: Insurance

How do insurance companies determine what rate you will pay? What can you do to ensure you get the best rate? It can seem like a deep mystery when you get your monthly auto insurance bill. Behind the scenes there are several calculations that determine how much you will pay. Your Driving Record By far the most important determinant of your rate is your driving record. Insurance companies will look…

Americans are required to own and insure a vehicle in most cities in the United States due to the lack of public transportation and fragmented wide-spread cities.  In addition to paying monthly car loan payments, drivers are often stuck paying high auto insurance rates when they could be paying less.  See these five tips on how to lower the rate of your auto insurance. 1. Shop Around The internet allows…