Auto Insurance Service » Impact http://jclewisinsuranceservices.com Tue, 07 Feb 2012 13:20:59 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Q&A: HOW DOES A TRAFFIC TICKET, FIRST OFFENSE, IMPACT THE COST OF AUTO INSURANCE IN DOLLARS OR PERCENTAGE? http://jclewisinsuranceservices.com/768/qa-how-does-a-traffic-ticket-first-offense-impact-the-cost-of-auto-insurance-in-dollars-or-percentage/ http://jclewisinsuranceservices.com/768/qa-how-does-a-traffic-ticket-first-offense-impact-the-cost-of-auto-insurance-in-dollars-or-percentage/#comments Sat, 13 Nov 2010 12:20:15 +0000 admin http://jclewisinsuranceservices.com/768/qa-how-does-a-traffic-ticket-first-offense-impact-the-cost-of-auto-insurance-in-dollars-or-percentage/ Question by pardo9679:
How does a traffic ticket, first offense, impact the cost of auto insurance in dollars or percentage?
I got a traffic ticket under the Ontario Highway Act for “Disobey a Stop sign” it carries a 3 demerit points and a fine. I would like to know how much this infraction might increase my auto insurance at renewal.


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Answer by David W
It depends on the company and its policies. Insurers do not routinely check your record on renewal because of the cost of doing it, but they will check at some point and see it. What effect it has on your rates is up to the company.

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]]> http://jclewisinsuranceservices.com/768/qa-how-does-a-traffic-ticket-first-offense-impact-the-cost-of-auto-insurance-in-dollars-or-percentage/feed/ 0 IMPACT OF AUTO INSURANCE QUOTES ON CREDIT HISTORY? http://jclewisinsuranceservices.com/469/impact-of-auto-insurance-quotes-on-credit-history-2/ http://jclewisinsuranceservices.com/469/impact-of-auto-insurance-quotes-on-credit-history-2/#comments Wed, 28 Jul 2010 04:20:02 +0000 admin http://jclewisinsuranceservices.com/469/impact-of-auto-insurance-quotes-on-credit-history-2/ Question by singhjg:
Impact of Auto Insurance Quotes on Credit History?
I am with Geico currently and is up for renewal. I am planning to take quotes from different companies. Might be they offer me a low rate. But I am scared by the fact that it will impact my credit score. Can you please advice? I have been driving for 4.5 yrs with clean record.


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Answer by John K
It’s the other way around. Insurance companies will look at your credit score, but it will not be impacted as if you were trying to get a loan. So if you have good credit you will keep good credit and get a superior rate on your insurance. Also, if you have been driving for that long with a clean record, go look at places like Allstate or any of the others. When I left Progressive, my rates dropped and I received superior coverage. Shop around. Each year I go with out an accident my Allstate rates keep going down.

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]]> http://jclewisinsuranceservices.com/469/impact-of-auto-insurance-quotes-on-credit-history-2/feed/ 3 IMPACT OF AUTO INSURANCE QUOTES ON CREDIT HISTORY? http://jclewisinsuranceservices.com/93/impact-of-auto-insurance-quotes-on-credit-history/ http://jclewisinsuranceservices.com/93/impact-of-auto-insurance-quotes-on-credit-history/#comments Thu, 28 Jan 2010 12:30:18 +0000 admin http://jclewisinsuranceservices.com/93/impact-of-auto-insurance-quotes-on-credit-history/ I am with Geico currently and is up for renewal. I am planning to take quotes from different companies. Might be they offer me a low rate. But I am scared by the fact that it will impact my credit score. Can you please advice? I have been driving for 4.5 yrs with clean record.

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