5 innocent ways to drive up car insurance

Missing credit card payments
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Policyholders may think their credit history has nothing to do with their car insurance costs. However, many insurers have determined that certain characteristics in a driver's credit report could increase the likelihood that the person would need to file an auto insurance claim, says Luedke.

That data is combined with other driver information to create the client's insurance score, which influences the size of the premium, he says.

"We don't look at the same credit characteristics as a bank, but we do look at enough to measure insurance risk," Luedke says.

If a driver has a low credit score but a good driving record, he may be able to find a better rate with a provider that doesn't put as much emphasis on the credit score, says Ohman.




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