How can I lower my car insurance if it is high because of bad credit?
- January 20th, 2010
- Posted in finance
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How crapper I modify my automobile shelter if it is broad because of intense credit?
I hit been told that my automobile shelter is broad because of a intense assign rating. I am currently registered in a DMP to clear downbound whatever assign game and I'm trusty this is ground it is so bad. Will some shelter consort impact with me to modify my rate? I currently hit GEICO shelter bc it was the minimal I could find. I engage my automobile and ever attain my automobile and shelter payments on time.
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Isn't it a joke that insurance companies can base your rate on your credit history!! Like, someone with bad credit just has to be a bad driver! This is an issue that needs to be addressed…just doesn't make sense to me where the relation is…anyway, in the meantime…raise your deductable up to $500 or higher, but stash enough extra $ to cover it if you have the need to file…hang in there…in the meantime, hope you have cut up those cards!
Well, the DMP is probably trashing your credit. MOST insurance companies won't work with you, however, if your credit is bad due to a catastrophic illness (like cancer) or divorce, some might – but ONLY the ones that work through agents. The Geico, Progressive, Leaders type won't care – YOU are your agent for them.IF you've had the divorce or illness, or other extenuating circumstances, find a Travelers agent near you, see if they can help you out. If you haven't, if it's just overspending and credit cards, or unemployment or such, then you're out of luck . . . you'll have to wait it out, and it will be YEARS, as those DMP style outfits make things worse before they get better. Source(s): agent, 21+ years