Car Insurance Ratings May Mis-assess Your Risk

Many car insurance companies use car insurance ratings as way of determining your auto insurance premiums. For example, new or teenage drivers are considered to be higher risk drivers than those that have 10 or more years experience behind the wheel. In addition, many insurance companies will rate a driver as a “bad driver” if he/she has multiple traffic tickets or serious driving offenses.

Ensure That Your Insurer Rates You Correctly

Whether applying for a new auto insurance policy, or simply renewing an older one, you should always ask your insurance agent what driver classification, or rating, you have been placed into. Also ensure that the driving record that the classification is based on is actually yours - and not that of someone else.

Also, it is not uncommon for some auto insurance companies to make human errors and place you in the wrong category. For example married men between the ages of 34 and 50 are generally considered to be much better drivers than single females less than 21 years of age. However, if the insurance company has mistakenly classified the married, older male driver as a young single female, then the premium rate charge will be much higher.

Therefore, it is always a good idea to ensure that your insurance company has the most recent and up-to-date information regarding you and your driving record.
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