Welcome to the 21st century…where American companies define us mostly by our credit scores.
Whether you’re looking to buy a car, home, or an insurance policy, credit is a major rate factor that can sometimes double the cost of insurance coverage for some individuals.
There are two types of insurance companies in Florida offering auto insurance: there’s a standard market insurer who is looking at the most obvious rating variables including credit score, driving history and driving record in order to rate your coverage. That being said, with one of these companies, if you’re a girl scout or a boy scout on the books with an 800 credit score and a clean driving history, your rates will be the absolute lowest.
The other type of insurance carrier to offer auto coverage in Florida, a Non-standard auto insurance company, rates your coverage based on factors like the safety rating of your vehicle and the assumed risk of loss based on the prior driving history of the client or the lack of driving history all together.
Considering either type of company as an option will broaden your ability to find out where you lie, price wise, and give you a strategic plan to work your way into the standard market of auto insurance in Florida…yielding the lowest cost with the best insurance providers.
North Broward Insurance Solutions is a full-service Property & Casualty insurance agency located at 1141 Banks Rd, Margate, FL 33063, 2 doors down from The Margate Branch of The Department of Motor Vehicles.
For advice on insurance coverages and free quotes and rate comparisons, don’t hesitate to contact North Broward Insurance Solutions by calling 954-368-0060 or emailing the agency at NorthBrowardInsurance@gmail.com. You’re also welcome to set up an appointment for insurance review in our Margate Insurance Agency, located at 1141 Banks Rd, Margate, FL 33063.