Tag Archives: Automotive

How Bankruptcy Should Effect Your Auto Insurance Premium

A car crash on Jagtvej in Copenhagen, Denmark.

How bankruptcy may effect your automobile insurance.

Technically speaking, your credit or filing for bankruptcy should have no effect on your auto insurance premium. Any type of bankruptcy filed hurts your credit rating by remaining on your record for up to ten years. During that time, some automobile insurance companies use credit reports to assess what they will charge you for their premiums, but should they? Continue reading