Affordable Insurance

Fact #1: Your credit impacts your insurance rates Believe it or not, your credit impacts your insurance rates. Insurance providers have found that certain credit characteristics for an individual are useful to predict of how likely it is that the individual will have an insurance claim.  Other variables taken into consideration may include age, driving record, claims history, place of residence, the type of car and the average miles driven, among others. Do what you can to improve your credit, be sure to monitor your credit report on a regular basis, and contact the credit bureau to clear up any errors.

Fact #2: Brand loyalty can cost you If your mindset about automobile insurance is “set it and forget it,” you might want to reconsider. Years ago, insurance companies evaluated a short list of factors when calculating your premiums. Today, that list has grown causing insurance rates to differ dramatically from provider to provider. Affordable Insurance offices, located through out Georgia, rate multiple companies at once ensuring that our customers are getting the best rate!

Instead of allowing your policy to automatically renew, comparison shop once a year to ensure you’re getting the best auto insurance rates.  If you’re worried that lower rates mean less coverage or poor service, don’t be. Today, there are plenty of insurance companies that offer affordable premiums, well-rounded coverage and excellent customer service. Some companies, such as GuideOne and many others Affordable Insurance represents, offer great protection and save the money associated with commercials and pass those savings on to the customer.

Fact #3: Stopping payment? You’ll pay in the long run If you think switching car insurance companies is as easy as stopping payment, think again. Sure, your policy will cancel, but your existing insurance company could report you to the credit bureaus for non-payment, damaging your credit score in the process. What’s more, your insurance history will reflect a cancellation which may cause a new provider to decline your application or charge you higher premiums in the future. Instead, be sure to complete the necessary paperwork with your existing provider, such as a policy cancellation form, and time it right by starting your new policy on the date your old policy ends.

Fact #4: Your car insurance company can cancel or non-renew at any time Your insurance company can cancel your policy at any time if you violate one or more of its guidelines during your policy period. Same goes for non-renewal. Things such as failing to pay your premium on time, losing your driver’s license due to suspension or revocation, submitting too many at-fault claims, or misrepresenting your driving history or past insurance claims could all be reasons for cancellation or non-renewal.

Fact #5: You could save money by paying your car insurance premium in full You might be surprised to learn most car insurance companies charge an administrative fee to break up your premium payments into installments, such as paying every six months, every three months or every month. The more you divvy up your payments in installments, the more these “convenience fees” add up, and your once-cheap car insurance can now cost substantially more. There may also be charges for the method of installment payment you choose, such as automatic bill pay or pay-by-phone.

Ask your Affordable Insurance Representative if you qualify for: the home owners disount, the paperless discount, safe driver discount, senior driving discount, multi-policy discount, direct repair shop discount, and the transfer discount.  You may also exclude chiropractor and punitive damages with some companies for more savings depending on your coverage needs.  Allow us to help pick the policy that is best suited for your coverage needs.  Send us a quote request online or call us (706) 297-0009 to ensure you are not paying to much!