Reader question: Do credit scores’ effects on insurance rates help more or hurt more? Grady It depends on who you are, naturally. It has been said that the way that insurance companies weigh a credit report targets people on the low end of the income bracket. This is because, even if a credit report lists [...]

Continue reading...

Reader question: If credit scores has so much to do with car insurance scores, what’s the difference between someone who has good credit and bad credit when it actually comes to using the insurance? Marcus Glad you asked. Even though the relation seems arbitrary at first, there are actual studies that exist that show the [...]

Continue reading...

Reader question: How come your credit score affects your car insurance score? Virginia Great question. It doesn’t make a lot of sense, does it? After all, although you do have a set yearly premium with car insurance companies, they are not the sort of business that you have an unbreakable payment contract with. If you [...]

Continue reading...

Reader question: I’m getting a used car because I’m sick of paying so much for car insurance, and I’d like to have it paid off quickly. How do I make sure I get the best deal? Amber Great question, Amber. Negotiate. It’s a lot easier to do this with an older car than with a [...]

Continue reading...

So your kid is getting older and they’re a teenager now, and the time has come, not only to get them a car, but to get them on your car insurance policy as well. It might seem like you’re losing control of the world, especially your child’s piece of it, at this point, but calm [...]

Continue reading...