How can drivers improve their credit to lower auto insurance rates?


Banner image
Car Insurance

What steps can drivers take to improve their credit and lower their car insurance premiums?

What steps can I take to improve my credit score in order to lower my car insurance premiums?

Dec 27, 2024 | Victoria Martinez, Kansas City, Missouri
Answer
Mark Fitzpatrick
Head of Insurance, MoneyGeekUpdated December 27, 2024

Acquire a prepaid credit card from Wells Fargo for say, $500. This will help build personal credit. Also, store cards for Old Navy or Kohls will help too. As long as they are not abused. Wells Fargo has one of the lowest prepaid card application fees and a good rating overall.

Other Topics About Car Insurance


Auto
Vehicle Modifications & Insurance for Drivers with Disabilities (A Guide)
27 Dec 2024
Vehicle Modifications & Insurance for Drivers with Disabilities (A Guide)
Auto
Cheapest Car Insurance in Maine (June 2024)
27 Dec 2024
Cheapest Car Insurance in Maine (June 2024)
Auto
Senior Driver Guide: Advice & Resources for Older Adults On the Road
27 Dec 2024
Senior Driver Guide: Advice & Resources for Older Adults On the Road
Auto
Cheapest Car Insurance for Teens 2024
27 Dec 2024
Cheapest Car Insurance for Teens 2024
Auto
Cheapest Car Insurance Companies (July 2024)
27 Dec 2024
Cheapest Car Insurance Companies (July 2024)
Auto
Essential Guide to Renting a Car for the First Time
27 Dec 2024
Essential Guide to Renting a Car for the First Time
Auto
Cheap Car Insurance for Young Drivers
27 Dec 2024
Cheap Car Insurance for Young Drivers
Auto
Best Car Insurance for Young Drivers in 2024
27 Dec 2024
Best Car Insurance for Young Drivers in 2024