One of
the key factors insurers have added is a controversial one — consumers» credit scores.
If you want to save money on your home insurance policy, it helps to understand
the key factors insurers use to measure your risks and calculate your rates.
Not exact matches
Insurers use credit scores as one of the
key factors to determine what is known in their world as an insurance score.
«In a standard form contract, for purposes of insuring, consistency of interpretation obviously is a
key factor, for the benefit of both
insurers and insured.
Another
key factor when pricing burial insurance policies is the
insurer that is underwriting the policy — even with all other criteria being equal.
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:
Ensuring that the life
insurer pays out its claims to its policyholders will be a
key factor in whether or not you should move forward with your policy purchase decision.
As experience accumulates for that make and model, the car may be moved up or down in the ratings and that would affect the cost you pay for comp and collision coverage,» In addition to your type of car, auto
insurers factor in your driving record, claims history, credit history, age, gender, amount and type of auto insurance purchased, where you live, just to name a few
key pricing variables.
Different
insurers weigh some
factors more heavily than others, and the
key is to find the company that is best for you.
The basic process before opting a plan is to identify your needs, compare
insurer, evaluate based on the
key factors and then select.
A motorist's history of driving is one of the
key factors that
insurers account for when calculating quotes.
Another
key factor contributing to low term insurance premiums is the fact that the
insurer doesn't need to provide a cash value for the policy.
Nevertheless, if you understand the
key factors that most auto
insurers consider in setting rates, you can take appropriate actions over time to get a lower insurance premium.