Credit scores are often seen as a sign of financial responsibility, and more and more East Memphis providers are using credit scores as a way to
evaluate driver risks.
Not exact matches
In a nutshell, they
evaluate the
risk of insuring you based on your age, driving records, marital status, and such other information that give them a picture of your credibility as a
driver.
If coverage costs are too high because a motorist is a high -
risk driver, they may be able to benefit from shopping around and
evaluating what other companies can offer.
Insurance companies calculate and
evaluate a
driver's accident
risk thus making it reasonable for car insurance companies to give you a higher premium rate.
The insurance company
evaluates how much of a «
risk» you as a
driver will be to them before issuing you a price.
One of the main methods car insurance companies have for
evaluating drivers as far as
risk is concerned is to take a look at their driving records.
This includes all of the factors that an insurance company would need to
evaluate and assign
risk to a specific
driver such as: