You probably know that insurance can change after an auto accident or a claim. It can be really difficult to find auto insurance for drivers with a bad driving record, but there are other life factors that can be just as influential. If you've experienced major changes in your life — such as a marriage, a divorce, a pregnancy, or some unexpected financial hardship — you need to contact your insurance company immediately. If you don't, you could be missing out on some serious savings and discounts! Age and Car Insurance Rates Every person goes through changes as they get older. And many of those life changes will change how much you pay for your automotive insurance premiums. Car Insurance Rates for Teenagers Car Insurance Rates for Students Auto Insurance for Senior Drivers For example: teens, statistically speaking, are more likely to be involved in a serious automotive accident than any other type of driver. However, teenagers who are responsible students and get good grades are much less likely to get into accidents or file claims, which lowers their rates.
Reduce Balances on Credit Cards One of the quickest ways to raise your credit score is lowering your credit card balances. Pay off as much of your credit card balances as possible. A high credit card balance can negatively effect your score. A balance of less than 30 percent of your credit limit can help you get to a more appealing number, per Nerd Wallet. Pay Bills on Time Student Loan Hero says that no matter what, pay all of your bills on time. Pay your credit card bills, utility bills, phone bills, etc. on time to show you are responsible with your finances. On-time payments will reflect positively on your credit score. Keep Credit Accounts Open Keep all of your credit accounts open unless you absolutely need to close them. One reason you may close a credit account is because there is an annual fee you cannot afford. Otherwise, keep these accounts open because the longer an account is open, the more positively this account can reflect on your credit score. Check Credit Reports for Errors It is possible that your credit report contains errors.