“The higher the risk a person is deemed to be, the higher the car insurance premium rates are going to be. If the consumer is deemed a higher risk and higher premiums are imposed, there are things that can be done to combat those high rates but it will take some time. Time passing since any accidents or traffic tickets will add up and eventually the policy can be reworked, factoring in the newer good driver status. This brings the car insurance premiums down in cost. Working towards better credit is another way to bring the costs of car insurance down, for once a better credit history begins to show up, the policy can be reworked and the new status taken into account. Things like these are the reasons why shopping around for car insurance after a period of time can be a good idea. Comparing what the current insurance carrier will do with what competitive companies can offer will lead the consumer to the best car insurance policy for the best price.”
http://www.africanaonline.com/2011/01/why-your-credit-can-impact-auto-insurance-cost/
