Study: My Understanding of
What Your Auto Insurer Knows About You
The insurance company will have to pay you when there is damage to your vehicle and also any injury that may come to you due to an accident from the operation of a certain vehicle. The money to be paid will depend on the type of policy that you had taken with an insurance company. The insurer will want to know things about you before signing a contract to cover your vehicle. The following are the things that your insurer knows about you.
Your driving record will be known by an insurer when you insure your car. 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. The insurance company will also be in apposition to determine all the driving mistakes that you have done in the past. The insurance company will be able to know all the crashes that you have caused even the once that you were not told about.
The second thing that the insurance company will be able to know about you is the status of the license that you have. The insurance company will be able to tell if you possess a valid driving license or not. The reason that caused your license to be revoked will be known by the insurer. The insurer will also be in a position to know if you have been paying your child support or not.
The insurer will also know the claim history that you have had in the past. A comprehensive cover will include a tree falling on the vehicle, someone scratching it or even windshield crack from flying rock. When your report shows a lot of past claims will tend to scare away auto insurance companies that would ensure your car for damages. An insurer may tend to charge you more amount as premiums when you have many past claims.
The other thing that an insurance company will be able to know about you will be your credit history. Your credit history will show the insurance company if you are able to pay the premiums of your cover. 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.