What You Should Know About This Year

Things Your Auto Insurer Knows About You

When you get into an accident with your vehicle, and you had insured it with an insurance company you will be paid for the damage that will occur to you. The payment will depend on the risk that you had insured with the insurance company, and you both made a contract where you would be paying a certain amount of money known as premiums. An insurance company can cover many losses including theft and even natural disasters. The following are the things that an insurance company will be able to know about you.

An insurance company will be able to know about your driving record. The insurance company will do a dig on the places that you have visited and come up with the record of all the places that you have had a driving license telling them how you have been driving and where. All the mistakes that you will have done in the past will be known by the insurer. All the crashes that you have caused in the past will be known by the insurance company.

Your driving license status will be known by the insurance company. By use of the records the insurer will be able to determine if you have a driving license and also if the license is valid or has expired. The insurer will also know if your license has ever been revoked and the reason why it was suspended. The insurer will also be in a position to know if you have been paying your child support or not.

The third thing that the insurance company also knows about you is your claim history from the past occurrences. When you have a comprehensive cover your vehicle will be covered for all the damages that may occur to it including a crack of the windshield from flying rock. If you have a long claim history it may scare away auto insurers. An insurer may tend to charge you more amount as premiums when you have many past claims.

The insurer will also be able to know about your credit history when you take an insurance cover from them. They will be in a position to tell how you have been handling credits which will help them to know if you will be able to pay the premium amount that you have signed a contract to be paying. If at any instance you have ever failed to pay your credits it will reduce your score for an insurance cover with a certain insurance company. In conclusion, the above points show the things that an insurance company knows about you.

Attributed by: Bonuses