Anyone who drives knows that cars can get expensive. Not only do you have to worry about finding the right vehicle, repairs, and paying for gas, but you’re legally required to insure your car in case of accidents. It all results in more money out of your pocket book. This doesn’t mean, however, that you can’t minimize these costs, especially regarding insurance.
Maintain Good Credit
Some don’t realize it, but good credit counts when buying insurance, similar to obtaining a mortgage or buying a car. This score affects how much you’ll pay, even though insurers look at your credit a little bit differently than banks or third-party lenders.
They use your credit namely to predict the odds of you filing a claim after getting into an accident. Even if you’ve never had an accident, a low credit score may mean higher
insurance costs because companies see you as a liability.
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