Sherman

Insurance scores: How your car insurance company uses your credit information

Learn how your car insurance company uses your credit report to predict whether you’ll file a claim Your credit score could be costing you up to $1,500 in insurance premiums — but it’s not the credit score you’re used to. Insurance companies aren’t using the score you’ve seen on TransUnion, Equifax or Experian to determine your insurance …

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Drivers saved on average 6% on their car insurance – but annual mileage was down 14% in 2020

Even though COVID-19 kept U.S. drivers from commuting to work, they were unlikely to see significant savings. As American cities implemented controversial lockdowns, employers moved to remote work and consumers shopped on Amazon amidst the COVID-19 pandemic in 2020, drivers in America started using their cars less — a lot less. That raised the question: …

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How much will a ticket or accident increase your insurance rate?

The Zebra’s 2021 State of Auto Insurance Report reflects an analysis of more than 83 million unique auto insurance rates. The Zebra research team explored auto insurance pricing data from 2011 to 2020 across 34,500 U.S. ZIP codes using a base driver profile representative for the average insured: a 30-year-old single male driver with a …

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