Car insurance

Timothy01704

My main concern is im a first time to buy car insurance for my first car and my main worry is i got bad credit rating and i need car insurance to able me to drive my car
Im worry that i might get refused on car insurance because of bad credit rating.
Please help me to understand with all this
Regard timothy

Quentin

You won't be refused because of bad credit rating.


You may not get the option of paying on the drip.


So if that's what you wanted, you may have to pay in full - but consider paying in full by credit card (if you have one)

forgotmyname

As above you will get insurance but may have to pay the full amount in one go.

The companies that will offer you credit may not be the ones where the premium is the cheapest. And also check the amount of interest they charge. 20 - 30% will add a fair chunk onto your premiium when its a £1000+ policy.

Quentin

G_M wrote:

Person A has a car, and comprehensive insurance, with B as a named driver.

Person B has a car, and comprehensive insurance, with A as a named driver.

B has a minor acident in her own car, and claims on her own insurance.

Does A have to inform his insurance about B's claim?

Yes. .

csgohan4

Can you afford to drive a car and maintain it, service, it, MOT and road tax?


If you have bad credit rating have a look at the debt free wannabee forum for tips on improving your credit rating and any debt.