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(Transportation-News.com, January 14, 2014 ) Flat Rock, MI – “Bad credit rating significantly affects auto insurance for businesses in Flat Rock,” says locally established insurance company Frost & Remer. It’s not only the zip codes that can greatly sabotage one’s commercial auto insurance rates. Once the owner lets their credit slip, they may be paying a chunk of greater percentage than their average premium.
Credit is just one of the many factors that determines one’s commercial auto insurance rates, continues Frost & Remer. The company itself provides coverage for this plan via their website http://insurancebyfrost.com.
How can such a small score can have an impact on anyone’s auto insurance rates? Insurance companies have determined statistically that bad credit leads to a higher risk of claims, which leads to a greater percentage of rates. There are many factors that can affect a credit score, but it can be easy to manage, says Frost & Remer.
What should company owners do? “The first thing is to screen who gets behind the wheel,” says Frost & Remer. “Age is important—employees should be knowledgeable, responsible and equipped with defensive driving in order to raise one’s credit score. The car model is also an important factor. Companies should learn how to choose a vehicle type that is efficient and doesn’t call for much repairs over the long use.”
Boosting one’s credit score does not only help in getting lowered auto insurance for businesses in Flat Rock. This also cuts down the owner’s borrowing costs. In order to do that, they must adhere to these tips:
• Pay on time. FICO, the nation’s largest credit scoring company, discloses that paying bills on time, every time plays a big impact on one’s credit score. It accounts for about 35% of the final number.
• Screen drivers. Choose employees with good driving history. Youngsters should undergo a driving course in order to qualify.
• Manage accounts properly. The big chunk of credit scores measure how many different forms of credit a consumer has. Company owners should add sparingly in order to save their credits.
Auto insurance for businesses in Flat Rock is important for any company owner with a fleet of vehicles for their service. Find out more about it at http://www.youtube.com/watch?v=cP-7wIftn3s.
About Frost, Remer, and Mercure Financial Services, Inc.: Established In 1989 as an independent insurance agency serving the states Michigan, Ohio, Colorado, Georgia, Illinois, Minnesota, New York, Pennsylvania and Wisconsin with their primary focus on Southeast Michigan and Northern Ohio.
Their mission is to provide reliable insurance advice, quality service and honest claims advocacy at affordable pricing for individual, business and farm owners insurance needs by placing their clients’ insurance policies with insurance company partners that are well respected within the industry and are financially sound.
For more information about how they can help provide the right financial protection for you, visit http://www.InsuranceByFrost.com.
Frost and Remer Insurance
Jeff Frost, AAI
(734) 794-3072
JFrost.Frost03@InsureMail.net
Source: EmailWire.Com 
Source: EmailWire.com
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