Shopping around for insurance coverage can be a murky, confusing business. Lots of tricky things can happen both when you are hunting for insurance coverage and when you’re trying to retain insurance coverage. If you’ve felt left out and under-informed about your car insurance at times, here are a few facts that can help you out:

Fact #1: Your Insurance Company Can Unilaterally Cancel Your Coverage

When you have car insurance, it’s important to make sure that you are abiding by your side of the bargain. You may not have known this, but your insurance company can cancel your auto insurance in Santa Ana if you are not responsibly carrying out what is expected of you. Your insurance could be canceled if your insurance company discovers that you have been misrepresenting your accident history, your car’s condition and the typical mileage for which you use your car. While mistakes or slight inconsistencies are usually overlooked, make sure that you are being honest about all of the major information regarding your car.

Fact #2: Paying in Installments May be Costing You More

Sure, it’s great that you can often get the option of paying for your car insurance in monthly installments. However, take a look at your car insurance bill the next time you receive one. Quite frequently, insurance companies charge an installment fee when you choose to pay in smaller amounts instead of the lump sum of your insurance payment. While some installment fees are small, others can add up to an additional $50 or more over the course of each 6 month insurance term. You may find that you save more by paying the full price.

Fact #3: Your Premium is Related to Your Credit Score

Yes, here is yet another area where your credit score impacts your life. When you are searching for auto insurance quotes in Santa Ana, you should know that each insurance company uses your credit score as a factor in calculating your car insurance premium. And, as with everything else that relies on your credit score, you pay less money if you have a pristine credit history. While there may be nothing you can do about financial mistakes in the past, this fact can serve as encouragement to take the time to try to improve your credit score in order to save.