Sentences with phrase «determining factors the insurer»

There are many determining factors the insurer is going include and if a parent adds the younger driver to the policy the insurer may assign more risk to the multi-policy since the young driver is considered higher risk.

Not exact matches

Your health is one of the most critical factors when it comes to determining life insurance rates, but each insurer evaluates health factors slightly differently.
That's because different insurers use different factors in determining your rate.
Other factors: Insurers also consider other factors to determine your car insurance premium.
Most insurers factor in credit score, the highest level of education attained, home ownership, and other factors to determine the risk of a driver getting into accidents.
Insurers use all of these factors, plus more, to determine your individual mobile home insurance quotes in order to give you the best coverage at the right price.
Low motorcycle insurance quotes should be something you consider when comparing insurers, but it shouldn't be the determining factor.
Insurers determine to what degree each factor impacts the frequency and amount of payouts and come up with a formula for calculating a premium based on your characteristics.
When qualifying for a mortgage, the lenders / insurers determine whether or not you can afford the loan amount you have requested based on a number of factors.
Insurers use credit scores as one of the key factors to determine what is known in their world as an insurance score.
According to Boyd, the foundation of credit - based insurance scoring has been steadily gaining traction as a rating factor since it was first introduced in the early 1990s, when FICO conducted numerous studies with insurers across the country to determine whether there is a statistical correlation between a person's credit and the likelihood he or she will file an insurance claim.
Home Insurance: Home insurers might use marital status as a factor in determining your rate, or they might just offer a flat discount, for example 5 % off, when you get married.
Using your financial history, as well as these other factors, insurers will determine your insurance score.
Factors such as your lifestyle and driving habits may help determine what discounts you qualify for, depending on the insurer.
According to Lamont Boyd, insurance underwriting expert at FICO, your credit - based insurance score is derived from a combination of factors in your credit reports and is used to help insurers better determine the likelihood you will file a future claim.
Consumers still don't understand the factors insurers use to determine home insurance premiums.
In most states, insurers use your credit score as one of the factors in determining what's called your insurance score.
Other factors that may determine the time involved to resolve your claim are whether fault for your injuries is an issue with the insurer, how many parties are involved, such as in the case where more than one person might be at fault for your injuries, and whether you might have had previous injuries or accidents that the insurer might argue are contributing to your symptoms or length of recovery.
The following are key factors that auto insurers use to determine the price of your auto insurance and what you can do to keep it as low as possible:
While these benefits are by no means determining factors for the best auto insurer, GEICO's demonstrated commitment to user experience reinforces the high satisfaction reported by J.D. Power.
Your health is one of the most critical factors when it comes to determining life insurance rates, but each insurer evaluates health factors slightly differently.
Insurance rates can vary significantly from person to person based on a variety of risk factors, and insurers often use statistics to help determine risk.
In determining premiums and premium rate structures, insurers consider quantifiable factors, including location, credit scores, gender, occupation, marital status, and education level.
However, when you get quotes, remember that insurers consider the following factors in determining your premium:
A. Insurers use many factors to determine rates, such as driving records, age, where you live, where you park, if there is a gap in insurance coverage, and how much you drive.
Many insurers factor in your credit history and credit score when determining your car insurance rate.
Although it is basically the same, each insurer will weigh a determining factor, such as driver history, differently dependent on the company.
Your location is going to be a big factor when insurers determine your rate.
However, the use of such factors is often considered to be unfair or unlawfully discriminatory, and the reaction against this practice has in some instances led to political disputes about the ways in which insurers determine premiums and regulatory intervention to limit the factors used.
Insurers typically consider factors to determine insurance premium rates such as your age, gender, marital status, driving record and insurance history, your motorcycle's make, model and year.
Insurers use driving records as one of many factors to determine rates.
The first and most important factor that insurers use to determine your risk is your driving record and your previous accident history.
There are certain factors that are considered by the insurers like insured person's age, heath, geographic location, lifestyle, etc. while determining the premium cost of the policy.
As with any location, many car insurers take a lot of factors into consideration when determining your premium rates.
This interest earning is another critical factor used when insurers determine how to calculate premium of life insurance.
Insurers can not use income, gender, address, U.S. postal ZIP code, ethnic group, religion, marital status or nationality of the consumer as factors when determining a credit - based insurance score.
Insurers can not use a consumer's income, gender, address, race, color, national origin, religion or marital status as a factor when determining a credit - based insurance score.
Year, make and model of a car will frame what levels of coverage you should get and will also be a major factor in how an insurer will determine what it needs to charge you to hedge against its exposure to risk and the possibility of paying claims.
Just a handful of factors that help insurers determine what you'll pay.
Most car insurers take a lot of factors into consideration when determining your premium rates.
If your quotes are higher than average you may want to look at determining factors by insurers.
Insurers can not use credit information adversely impacted by the dissolution of a marriage, or the credit information of a former spouse as negative factors when determining an insurance score.
It is important to comparison shop since each insurer weighs determining factors, such as age, driver history, marital status, and credit scores, differently.
Paltry or no vision is one of the factors that insurers make sure before determining the premium amount for insurance.
You want to be sure you compare different insurers as the determining factors are weighed differently from company to company.
Factors such as your lifestyle and driving habits may help determine what discounts you qualify for, depending on the insurer.
However, your premium is going to determined by various factors used by the insurers such as your driving history, credit, etc..
All insurers use your insurance and credit scores as part of their determining factors.
Insurers, which are regulated at a state level, typically use credit history to determine an «insurance score» that is factored into their final coverage price.
The determining factor is how long it takes for the insured's physicians to deliver the insured medical records to the insurer.
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