Below you will find some tips to reduce your car insurance bill, avoid substantial premium increases and avoid being assigned to risk.
Complaint reports: know the credit reports, you must also know the complaint reports. CLUE® (Comprehensive Loss Underwriting Exchange) is a reporting service provided by ChoicePoint, Inc. ChoicePoint, Inc. indicates on its website “CLUE is an exchange of information on the history of claims that allows insurance companies to access Preliminary information regarding complaints in subscription and CLUE reports contain up to five years of personal property requests that meet the search criteria presented by the insurance company conducting the investigation, including policy information such as name, date of birth and number of the policy and information on the request, such as date of loss, type of loss and amounts paid. ”
Council: C.L.U.E. the reports contain information on the history of claims from a residence address. Like credit reports, a C.L.U.E. the report may contain errors. We recommend obtaining a copy of C.L.U.E. report on ChoiceTrust.com to check for any errors in your report.
Credit reports: insurance companies are looking for credit reports to determine future premiums. They have determined that people with a better credit score have less demands. As a result, if you have a shoddy credit report, you can pay more for car insurance.
Tip: always make at least the minimum payment of bills on time, especially the insurance bill.
Glass Coverage: Most auto insurance sellers recommend “complete” glass coverage for an additional premium when buying collision coverage for the car. They remind you how much it costs to replace all your Windows if it is broken by a vandal. What they do not tell you, and they are unlikely to even know about them (I would trust only the answer of a subscriber, not a sales representative), it is if your insurance company uses a previous glass claim to increase your future reward and if they will report their glass statements to CLUE
Some insurance companies report the glass claims to C.L.U.E. and then use these statements to increase the premium or, worse, cancel the auto insurance policy, which assigns you a risk assigned with a substantial increase in premium. Allstate informed me that after four complaints in less than five years, they resolved my car insurance policy and then offered to sell me the coverage of their Compensation Company with a shocking premium increase. These claims consisted of two claims for a broken windshield, one for a stolen and salvaged car and an accident.
I had a sports car and had to endure an increase in the total premium over a four-year period of about $ 12,000 and be liquidated for the claim before being eligible for coverage outside the assigned risk group. I wrote a letter to the president of Allstate complaining that they should not have considered my claims on the glass when I canceled my car insurance because the statements on the glass were made in a separate part of the policy for which I paid an additional premium and additional. Allstate replied in a letter that said “Although this complaint activity does not indicate that you were directly responsible for any loss, the frequency and severity of previous losses were not within our range of acceptability.” After careful review, I’m sorry to inform you We can not reverse our original decision with respect to the previous policy, however, we continue to offer coverage in our Compensation Company. ”
Suggestion: check with the insurance department of your insurance company if they will consider the glass declarations when they will evaluate the premiums or if they will report glass claims to C.L.U.E. If so, do not make a glass complaint. The two windshields Allstate gave me were the aftermarket windshields that would cost me less than $ 300 each. During the last 30 years of my driving history, I experienced two broken front windshields, a broken rear windshield and two broken side windows. While the financial risk of adding a car may be substantial, the financial risk of replacing a windshield is relatively insignificant. There is no point in making a glass claim if the premium increases.
You may also want to completely reject this coverage and save the prize.
Advice for hired vehicles: some leases require the car to be returned with an OEM windscreen. If you rent a car and replace a front windshield with its “complete” cover, insist that the insurance company will provide you with an OEM windscreen from the manufacturer. If you pay the windshield personally, check the lease carefully to see if you need to use an OEM windscreen from the manufacturer or if you can use an aftermarket windscreen. Some people with rented cars that have replaced a windshield with an aftermarket windshield are surprised, when they return their car, to find out that the leasing company is charging them $ 800 for a new OEM windshield, even if the windshield of the Aftermarket It is in perfect condition.
Rental and trailer coverage: Although it may be a good idea to have this coverage, it is not always a good idea to use it. Some people have understood that this coverage is not available only when an accident occurs. For example, some people used car rental coverage when their car was in a repair shop or trailer cover when their car broke down on the highway. As for the glass cover, the use of this cover can be the same as a complaint.
Tip: Consult the insurance company’s underwriting department to check whether they will consider rental or trailer requests when evaluating premiums or if they report such claims to C.L.U.E. If so, do not use rental or towing coverage unless an accident has occurred, in which case it will be part of the claim request. If you are worried about towing costs when your car breaks down, you can buy one of the roadside assistance cards, like the one available.ble from AAA which provides additional benefits not provided by your automobile insurance policy.