I have been denied car insurance coverage here in Anchorage, Alaska because of my credit history, what can I do about that?

Beck

Anchorage, AK

The federal Fair Credit Reporting Act would let you request for a copy of your credit report for free from the agency used by the insurer if you have been denied car insurance coverage in Anchorage, Alaska because of your credit history. You may very well contest the information given to you if you know that the credit agency is mistaken. But if you have been rejected for coverage and you know that your credit rating has an effect on your ability to obtain car insurance, here are a few tips:

–You have to clean up your credit right away by paying your bills when they are due, avoid credit cards with high interest and don’t spend further than your funds.

–You may be an unknown quantity to the insurance providers if you lack history so go ahead and get some credit. Use your credit on a regular basis but you have to make sure that you pay them on time.

–At least once per annum, obtain copies of your credit report from the top three major credit agencies. Be certain that all of the details from each report are accurate. You can challenge any mistakes with both the credit agencies involved and the creditors.

–Don’t forget to shop around because premiums can be different for the same coverage.

What are the things that an insurance company will be asking me if I am applying for an auto insurance policy here in Anchorage, Alaska?

Norman

Anchorage, Alaska

If you are applying for an auto insurance policy in Anchorage, Alaska, the insurance company will be asking you important details about you and your current auto insurance policy. They have to know certain factors to ensure that they are properly pricing your insurance policy. You will be asked how many people are living in your household. Some insurance providers require you to list everyone in the household who don’t have their own insurance. Then, they also need to know how old you were when you got your driver’s license. This would determine the driving experience that you have.

There may be a difference in the insurance rates if you’re married as it could show that you’re more settled. Also, if you have children in the household but you’re not married, you could be eligible for the same discount as married. You will also be asked if you got tickets, accidents and/or claims in the last three to five years, including accidents that that were not at-fault. Lastly, the insurance provider would ask you regarding the coverage that you have now — your liability limits, medical expense limit (if any), deductibles, etc.

If in case I get involved in an accident what advice can you give me regarding the things that I should do? Also, if it is not my fault, can I also immediately contact the other party’s car insurance company regarding a claim?

Tess

Anchorage, AK

In case you get into an accident you have to check first if there is someone injured. Call an ambulance immediately if it is needed be if everybody is okay but a bit shaken, call the non-emergency number for the police department. You need the police report in filing for an auto insurance claim. You need to collect all the information from the other party involved such as contact number, insurance information, license plate number, etc. You also have to find witnesses who saw the accident but if you can’t, you could rely on the police report.

You also need to get in touch with your car insurance company and tell them about the accident. A lot of auto insurance providers have a 24-hour claim service to their customers. You might also want to get in touch with the other person’s auto insurance provider to let them know about the claim you filed against one of their customers. Then an insurance adjuster would come out to check the damage and issue a dollar cost of the damage. You could dispute the settlement at this point but if you do that, you won’t probably receive any resolution so be aware of that when settling the claim.