Understanding basic auto insurance facts in Croton Falls, NY can be difficult, but the lesser-known facts about policies, guidelines, and procedures can be absolutely overwhelming. Fortunately, you can count on Carminucci Agency to help you understand all the facts.
Your Credit Score Can Affect Your Car Insurance Rates
Insurance carriers have determined that certain characteristics determine whether or not an individual is more likely to file an auto insurance claim. One of these characteristics is having poor credit. Providers consider your credit score along with several other factors, such as your age, driving history, vehicle type, claims history, and more to determine the amount they will charge you for your car insurance premium.
Automatic Policy Renewal May Not Be in Your Best Interest
When it comes to auto insurance, many drivers in Croton Falls, NY have a "set it and forget it" mentality. You set up your policy when you purchase your car, set up auto-renewal, and autopay, then just forget about it. You could be missing valuable discounts and benefits if you do not take the time to review your auto insurance policy regularly.
Stopping Payment is Not the Way to Switch
When you decide that you want to change insurance providers or you sell your car and do not buy another right away, you may think canceling your insurance policy is as simple as no longer paying the premium. Yes, not paying will cause the provider to cancel coverage, but they may also report you to the credit bureaus and damage your credit score. In addition, when you apply for coverage in the future you could be declined coverage or charged a higher premium when the provider reviews your insurance history.
If you still have questions regarding the details of your auto insurance policy, the experts at Carminucci Agency are here to address all of your concerns. Give us a call today.