Consumer Reports: The Truth About Car Insurance

Review the first 2 screens:

https://www.consumerreports.org/cro/car-insurance/credit-scores-affect-auto-insurance-rates/index.htm

1/ How Your Credit Score Raises Your Premium - on the map of the US, click on Maine.

What is the average premium for a single driver with:

• excellent credit_________
• good credit____________
• poor credit____________
• excellent but w/DWI_____

2/ Myths & Hidden Truths about Car Insurance Savings -

• What is price optimization?

https://www.nerdwallet.com/article/insurance/price-optimization

• What is the range of savings for "bundling"?

https://www.nerdwallet.com/article/insurance/bundling-home-and-auto-insurance

• Name one pro and one con for installing a tracking device.

https://hensleylegal.com/car-insurance-tracking-device/

1/ What are the 3 auto insurance coverages required by law in Maine? What is the minimum dollar amounts for each? (usually presented as $xx/xxx/xx)

https://www.maine.gov/pfr/insurance/sites/maine.gov.pfr.insurance/files/inline-files/consumers-guide-to-personal-auto-insurance.pdf

2/ Watch the short video: Which 3 states prohibit the use of credit scores to set rates?

https://www.consumerreports.org/video/view/money/shopping/4429327143001/car-insurance-why-its-so-high--how-to-cut-costs/

Answer rating: 100% (QA)

Here are the answers to the questions based on the provided URLs 1 How Your Credit Score Raises Your ... View the full answer