St. Louis, MO (PRWEB) February 25, 2014
St. Louis car insurance company Insurance Fishing today announced that they have released a tip sheet focused on four factors that could increase car insurance payments for the average motorist.
“We put out this tip sheet because these are common things that drive up the cost of insurance for many of our clients, but many of them can be avoided with careful planning,” said Chans Weber of Insurance Fishing. “If motorists carefully plan for many of these eventualities, they should be able to maintain affordable payments on their car insurance.”
Here are some things that can potentially increase your car insurance payments:
-Getting Older: While older drivers tend to have more experience, they also get into more accidents than drivers in the primes of their lives. Even though you may feel relatively young at age 50, it is possible to see your insurance payments spike at that age, because some companies will consider you “old.” It is always prudent to see if your insurance company’s policy is to charge more before or after you reach a certain age.
-Your Credit Rating: Insurance companies are very risk averse. If you have many outstanding debts that have caused your credit rating to dip to an unfavorable level, you can expect any auto-insurance quote to reflect that with a more expensive price. A low credit rating shows an insurance company that you are unreliable, meaning that they may not get their fees on time. That is essentially the definition of risk, which, of course, always leads to higher premiums.
-Speeding Tickets: Usually, a single speeding ticket will not adversely affect your insurance payments. That is, of course, unless the ticket is for reckless driving, or something more serious. For a normal speeding ticket, it usually takes at least two tickets or more until your rates will start to hike. This also depends on what state you are in.
-Marital Status: Statistically speaking, married couples present less risk for insurance companies than people who are single. For this reason, people who are unmarried will typically pay higher insurance premiums. So if you like low insurance payments, you may want to put a ring on it.
InsuranceFishing.com is a one-stop website that quickly and easily connects consumers with live local insurance agents, so they can get the best possible rates and coverage on all of their car, rental and homeowners insurance needs. There is no cost to access the website and no registration is required. As part of its inaugural launch, InsuranceFishing.com is currently available to consumers with St. Louis renters insurance needs, Kansas City insurance needs, Orlando insurance needs, New Orleans insurance, and Tulsa insurance needs. Learn more at InsuranceFishing.com.