June 19, 2009, Newsletter Issue #173: Auto Insurance Claims Can Affect Your Car Insurance Policy

Tip of the Week

Depending on the policy type, your car insurance coverage may need to be renewed every 6 to 12 months. During this renewal evaluation, your car insurance company may opt to cancel your insurance rather than renew your policy. The main factors contributing to your renewal evaluation are:
*Driving record for the last period of coverage for everyone on the policy
*Credit problems (including bankruptcy)
The number one factor that can affect your renewal is the frequency of filed claims. When deciding to file claims this is one thing you should take under serious consideration. Insurance companies assess whether or not a customer is an acceptable risk and therefore a candidate for policy renewal.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Exclusive Sponsor

CarInsurance.com provides all the information necessary to help our customers make an educated decision when it comes to auto insurance. in addition to the tips provided by LifeTips, we also offer an online Learning Center on our site.

Our Learning Center contains a variety of information from Articles on auto insurance and other car topics, to the last in insurance related news headlines. We also have a Questions & Answers section to help you find answer to some of the most commonly asked questions, and we encourage you to ask your own questions as well.

Stay informed with all the tools available at CarInsurance.com to help you get the most affordable rates for the right coverage.

Not finding the advice and tips you need on this Car Insurance Tip Site? Request a Tip Now!

Guru Spotlight
Mary White