Shopping around for auto insurance is a lot easier with the internet. However, things can still be a bit confusing for newbies. You may have questions about how quotes are determined and what deductibles actually are, so a list of FAQs was put together. Read o to learn about obtaining auto insurance coverage.

 

Does My Credit Report Matter?

 

A lot of people don’t think that their credit history plays a role in the auto insurance rates that they receive from insurers, but this couldn’t be any less true. Auto insurance companies ask for your social security number for a reason. They don’t really look at your credit report, but they do look into your credit history to see what type of person you are. If you credit history isn’t so great, it will make you look bad. Statistics show that individuals who have a bad credit history are unreliable and are involved in more auto accidents. The lower your credit score, the more you’re going to have to pay for auto insurance. It’s a good idea to keep an eye on your credit report to ensure that everything on there is accurate. It will also keep you informed of what’s on there, so that you don’t get any surprises when applying for car coverage. You can receive a free credit report once every year, so make sure to take advantage of this.

 

Should I Buy an Extended Warranty?

 

This varies from person to person because it all depends on the vehicle that’s in question. Now, it is important that you do the math to see if it is worth doing. In this time with the economy down the drain, a lot more people are buying used cars rather than new ones. One word of advice when buying a used car is to buy one that is certified. This means that the car was fully inspected and in this case the manufacturer extends its own original warranty for the vehicle. In most cases, it is well-worth the additional price you have to pay — it is a good way to protect your investment. Some dealerships will also offer an aftermarket warranty for the used car, but you don’t always want to settle for the quote they’re offering. A lot of the time, they will be raising it in order to make a profit for themselves. If you’re looking for an aftermarket auto warranty, your best bet would be to search on your own. Browse online to see what type of quotes you can receive for the car you’re buying or have bought.

 

Should I View a Vehicle History Report Before Buying a Car?

 

Yes. You should definitely look at the vehicle history report of the car that you’re looking to buy. This will tell you everything you need to know about the vehicles history. This will help you to make a better decision on which car you want to buy. It is highly recommended that you always pull a vehicle history report. You need to know how many accidents the vehicle has been in, how many owners the car has had and the types of owners they were. Some individuals want cars that are smoke-free and accident-free. Cars that have been in an accident may come with problems associated with them. You can go to Carfax to obtain a vehicle history report for a fee. They also offer a deal if you need pull up to 10 reports and there is an unlimited plan as well. You also have the right to know if the vehicle you’re interested in was returned as a lemon.

 

Should I Raise My Deductibles?

 

The deductibles you choose will determine the rates you receive for your auto insurance, but it is important to pick them wisely to ensure that you are financially secure. It’s true that the higher your deductible, the lower your premium rates, but the deductible you choose is what you have to pay upfront and out of your own money. The deductible you pick should also be determined by the value of your vehicle. If your car is older and is worth less, you don’t want to choose a deductible that’s close to its value, otherwise there would be no point of having that coverage. On the other hand, for comprehensive and collision coverage, you can save $75 annually by raising your deductible from $500 to $1,000. Then if you don’t get into an accident over the next decade, you would be saving $750.

Once you’ve got your auto insurance, you can safely drive your vehicle. You can buy items for your car, such as seat covers, car covers and air fresheners online at Amazon.

 

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