5 Tips for Finding No Credit Check Car Insurance
Some drivers with negative marks on their credit reports might be looking for no credit check car insurance, where their bad credit score won't count against them in calculating premiums. Here are some ways to effectively look at using no credit check auto insurance in your favor.
- Always Consider Your Current Insurer - Although there may be lots of new auto insurance quotes out there, your history with an insurer is money you paid, and that earns you some accomodations. Talk to your current insurer about satisfactory rates if your credit score is getting in the way at renewal time.
- Use Online Quotes - Online auto insurance quotes are a great way to see at a glance what insurers are willing to offer. Select a variety of these and compare them, calling back to negotiate on the best results.
- Ask Insurance Reps About How They Calculate Rates - Lots of times, the insurer may just take a credit check out of the equation and boost rates accordingly. Ask about what other factors are involved and advocate for the rates you know you deserve.
- Use Factors in Your Favor - When you're negotiating for rates, gently remind reps if you have some very positive indicators, such as driving a cheaper, older vehicle, living in a low risk traffic area, or even having assets to back up your household income. A credit check is really a superficial way to assess risk, and if you can show an insurer more about your specific situation, it may work in your favor.
- Take the Long Term View - In the end, you'll probably want to do all of the above while working out the items that made your credit score so bad to begin with. A lot of bad credit marks change over time, where you can go back and renegotiate your auto insurance, etc., after they are resolved. Always know what's on your credit report, and use FICO information sources to fix what's ailing your credit score.
The above are some top guidelines on how to get no credit check car insurance that will work for you.