Many consumers realize that certain factors will cause their car insurance premiums to take a hike — getting some speeding tickets, causing an accident and adding a younger, males drivers to the household are just a number of the greater amount of obvious instances.
However, sometimes when opening the car insurance bill for 2007 Kia Optima EX and seeing a higher, new, premium staring back could make a big surprise to you. Even though you drive your 2007 Kia Optima EX cautiously, never have been in a minor fender-bender and also have no teenagers at your home. These premiums are for what? You will find lots of reasons why car insurance premiums for 2007 Kia Optima EX may rise. However, your agent might have ignored to tell you the reasons when you signed up for the first time, or you might forget them through the years. Additionally, the next pages will tell you 4 not-so-common reasons for the rate hikes. And discuss what you will be able to do to prevent them in the next time.
You Hit Big 50
It is possible to worse enough on your psyche to over 50. However, car insurance company might make you feel you are likely 80 years old when your rates rise for 2007 Kia Optima EX, because nowadays you have been considered an “older” and fully experienced driver.
You Have a Poor or Low Credit Rating
The major car insurers consider something else with poor or lower credit ratings to be raise rates accordingly and higher risk. Why? If the credit rating is not great, you are possible to miss mortgage payments or a few credit cards, or may be writing some bad checks. This means you are a less trusted insurance customer, because you might fail to pay them for 2007 Kia Optima EX at some time.
You Start Driving Your 2007 Kia Optima EX More Miles
The more miles that you drive for 2007 Kia Optima EX per year, the more you are likely to make an accident. The excellent new job that you are excited about – only one that is an hour at home – means a higher car insurance bill for 2007 Kia Optima EX, because the car insurance company is at bigger risk now with your recording more miles. There is no magic amount of extra miles driven at which insurers all raise rates so that you should ask your insurance company what its special rules are in this consider whether it is an issue. Keep in mind, as well, that if you start driving a lesser number of miles suddenly, you could lower your rates for 2007 Kia Optima EX.
A Friend Wrecks Your 2007 Kia Optima EX
If the payment of your 2007 Kia Optima EX cannot pay by your friend, you have to file a claim to your car insurance company. When you completed, your rates for 2007 Kia Optima EX will rise. It is unfair? Exactly, but that is how the system works.
In fact, you will find a silver lining. There is a great chance you will not be held liable for your car’s damage if you did not promise your friend any more to take car’s wheels in the first place.