Why is credit important to an insurance carrier?

Answer Insurance companies use your credit score to help determine whether you are a good risk to insure and how much your premium should be. In fact, according to a study by insurance research firm Conni... Read More »

Top Q&A For: Why is credit important to an insurance carrier

Can you drop your auto insurance carrier half-way through your six-month policy period if you found a different carrier with a better offer?

Answer In NJ you can - the old insurance company is supposed to pro-rate your fees and mail you a check for the difference. You have to notify them after you get the new coverage set up.

Can an auto insurance carrier designate their med payments coverage secondary to any other health insurance in CA as a result of an auto loss?

This is sticky, not sure what you mean by 'designate' secondary. Assume you are saying your health insurance has to pay first and med pay picks up what's left? Yes, in some states that is the pract... Read More »

What is insurance carrier?

An insurance carrier is the company that holds and supports the policy that you purchase from them. It is the company that issues and upholds the risk associated with an insurance policy. There are... Read More »

What is the best auto insurance carrier?

On One Hand: Amica Mutual InsuranceJ.D. Power and Associates and both rated Amica Mutual as the best auto insurance. Amica is the oldest mutual auto insurer in the country and is... Read More »