Car Insurance: 3 Things that Will Make Your Premium Sky Rocket

Well, I don't know if you are aware of this, but I've had a plethora of jobs since graduating from college about two years ago, and insurance sales woman was one of them. In fact my license to sell property and casualty insurance was active up until this past July. With that said, if you are looking for car insurance or already have car insurance, there are three things that'll will make your premium go so high you'll feel like you are under water. Here they are.

Getting into a moving violation.

Note: A moving violation does mean getting a ticket for talking on your cell phone while driving. A moving violation doesn't mean getting a ticket for not putting on your turn signal. A moving violation is doing something like running a stoplight, stop sign, or speeding. You know. The car is actually moving in a way that could really hurt someone else.

A moving violation can hit your driving record just like an accident can. It can stay on it for three years, and cause you to get a surcharge. So if you already have a good deal on your car insurance, drive carefully, because if you get a ticket for the wrong thing, you could be looking at a much higher premium next year.

Choosing the wrong insurance company when you live with people who have bad driving records.

Some insurance companies make you have to give them the names and information of people who are in your household who have licenses. However some companies don't. If you live with people who have bad driving records, watch your every move when you go to choose an insurance company. Their bad record can cause you to get a surcharge.

However, if you go with a carrier that doesn't take this information into account, you've been cut a real break.

Being Broke

Can we say credit score? Many times your credit score will affect how high your insurance premium is. It's put in with a whole bunch of other factors so that you don't really know that your credit score is involved. But trust me, some way; it's in there. Car insurance carriers assume that if you graduated from college, and have good credit you will have fewer accidents. And guess what? They are right. It's proven by accident statistics. So if you are broke, still find some way to keep your credit score up so that your insurance premium will stay down.