Reader’s Question: Can anyone explain how A.M. Best rates an accident insurance company? Celine Chicago IL A.M. Best is just one of the companies that rate the many accident insurance company in the market. In buying your insurance policy, it is important to know more about the company offering it. Reputation and customer service are [...]

Reader’s Question: I’m one of those people who are really feeling the pinch of this economy, and I need to make my budget work until I get a new job. What can I do to lower my auto insurance bills? Peter Smith Greensboro, NC You’re right! We need to find more ways to stretch our [...]

Reader’s Question: Are my credit scores used to evaluate my premiums here in Texas during an auto insurance company rating process? Casper Arlington, TX Your credit score may definitely be used by auto insurance companies as a reference and should not be the sole reason or factor to be used in determining your car insurance [...]

Reader’s Question: Is it true that a car insurance company here in New Mexico can give preferred auto insurance ratings or premiums to certain professions? Andrea Rio Rancho, NM Yes, it is possible for certain individuals or professions to have better rates than others. Except for those under military, national guard or coast guard service, [...]

Reader’s Question: I have several ticket under my driving record here in Rhode Island, would that jeopardize my auto insurance ratings or affect premiums? If so, what can I do about it? Gordon Providence, RI Unless your driving history is really terrible, tickets and moving violations would not necessarily jeopardize your ability to get car [...]

Reader’s Question: I will be buying a new car this coming month and now I need to get auto insurance for it, is it true that the kind of vehicle I buy would influence my future rates here in Michigan? Arthur Battle Creek, MI Yes, the kind of car that you buy and insure, although [...]

Reader’s Question: I’ve gotten a traffic ticket here in Illinois, and this is on top of a prior one I had several months ago, would this be enough to cause my auto insurance premiums to rise? Oliver B. Elgin, IL Yes, most of the time even just a single violation would already be enough to [...]

Reader’s Question: Do I still have any chance of getting an affordable rate with my auto insurance company here in Arkansas even if I have a bad driving rating? Rhamed G. Little Rock, AR Everyone makes mistakes from time to time and deserves a second chance. This goes the same for your auto insurance rates, [...]

Reader’s Question: Is there any way that I can get auto insurance company ratings? I want to make sure that I choose the right kind of insurance company for my car here in Illinois. Prudence Chicago, IL Definitely! There are many ways to get the information you need to compare auto insurance providers. The hard [...]

Reader’s Question: Would I still need to get car insurance here in Nebraska even if I don’t own a car? (but occasionally borrow or rent one). Grace Omaha, NE Yes, even if you don’t own a car, it would be to the advantage of you and the person you borrow a car from there in [...]