Car insurance is one of those things that you only think about when you need it. Since it’s often out of mind until a mishap happens, many people often have misconceptions about what it can and can’t do for them. Below are just some myths about auto insurance that need to be dispelled today.
My credit rating has nothing to do with my insurance rates
You already know that your credit rating plays a role in your mortgage rates, but did you know that it can also affect your car insurance policy? According to the Insurance Information Institute, your credit rating gives an indication of how well you manage your finances. The higher it is, the more likely that you will pay your premiums on time, and the more attractive options the rate insurers will give you. Read more from this article: http://bit.ly/2s5RG52