Denied Car Insurance Coverage in Alaska
Reader’s Question:
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.