I noticed someone posted that their auto insurance rates went up since they are unemployed. I have been unemployed since February and my rates stayed the same. I don’t tell the insurance company that I lost my job. How will the insurance company know if I am working or not?
They don’t know if you are employed or not.
It’s not based on employment – it’s based on credit score. Likely, that other person also stopped paying bills.
If you are looking for the best auto insurance in your area, check out this site
http://Cheap-Auto-Insurances.info/
Hope this help,
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thats weird, i dont know? my gf is unemployed but is on unemployment and her rates havent changed
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I really have no idea what they may do but maybe then they will wait until you renew.
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The auto insurance company would have no way of knowing you were unemployed. They wouldn’t care either as long as you can pay the premiums. I think that persons insurance rates went up for another reason and they are assuming it is because they are now unemployed.
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They don’t know if you are employed or not.
It’s not based on employment – it’s based on credit score. Likely, that other person also stopped paying bills.
If you are looking for the best auto insurance in your area, check out this site
http://Cheap-Auto-Insurances.info/
Hope this help,
References :