Even the best of us make mistakes occasionally, thus the question is: how do these mistakes affect our insurance premiums?
(PRWEB) January 05, 2014
An individual's driving record plays a significant role in their insurance premium. It is therefore imperative for drivers to be informed of the effects of their driving record. To address this, Rate Digest, a provider of cheap insurance, recently released a helpful article describing how driving records affect insurance rates. To view the full article click here.
The Rate Digest article first points out that driving records are used by insurance companies to gauge how good a person is at driving. While drivers are usually well-intentioned, they still make mistakes while driving and those mistakes are recorded on their driving records. Thus, it is important for drivers to know the consequences of those mistakes. The article lays out which driving mistakes affect car insurance premiums.
The article categorizes the several types of driving blunders: minor traffic violations, major traffic violations, and vehicle accidents. Each of these categories is talked about in detail after which Rate Digest describes the severity of each category and what type of effects each has on insurance premiums.
The article ends by reminding drivers that, though increases in insurance premiums can be discouraging, paying for insurance usually costs less than paying out of pocket to compensate for a car crash.
About Rate Digest:
Rate Digest is the unique provider of an online car insurance comparison tool. By simply entering their zip code, drivers can compare rates from national companies and find the rate that is best for their personal financial and vehicular situation. For all this and more, visit http://www.ratedigest.com today.