--- title: When a Clean Driving Record Doesn’t Guarantee Insurance Savings description: Insurance Savings image: http://www.1800approved.com.au/hubfs/1800Approved-Aug15-Images/insurance_savings.jpg --- [![1800 Approved Finance Solutions](https://www.1800approved.com.au/hubfs/Logos/1800Approved_dark.png)](https://www.1800approved.com.au) ### [**1800 277 768](tel:1800277768) #### WELCOME TO # Our blogs Our aim is to supply you with the best information that you can be confident in your knowledge when you make an application with us. # [![logo-easter-d](https://www.1800approved.com.au/hs-fs/hubfs/Easter%20Campaign%202022/logo-easter-d.png?width=268&name=logo-easter-d.png)](https://consumer.zink.com.au/v1) ### Other Posts - [COVID-19 proof your business cash flow – with a little help from the government!](https://www.1800approved.com.au/blog/covid-19-proof-your-business-cash-flow) - [$150,000 Tax-write Off — Going, Going, Gone](https://www.1800approved.com.au/blog/tax-write-off-going-going-gone) - [Current combination of events means it's the best time to buy a car](https://www.1800approved.com.au/blog/the-current-combination-of-events-means-its-the-best-time-to-buy-a-car) - [How to protect your credit score during this COVID-19 pandemic](https://www.1800approved.com.au/blog/tips-on-how-to-manage-your-business-cash-flow-0) - [Tips on how to manage your business cash flow— How the stimulus package is geared to help.](https://www.1800approved.com.au/blog/tips-on-how-to-manage-your-business-cash-flow) - [**](https://www.facebook.com/sharer/sharer.php?u=https://www.1800approved.com.au/blog/when-a-clean-driving-record-doesn-t-guarantee-insurance-savings) - [**](https://twitter.com/share?url=https://www.1800approved.com.au/blog/when-a-clean-driving-record-doesn-t-guarantee-insurance-savings) - [**](https://plus.google.com/share?url=https://www.1800approved.com.au/blog/when-a-clean-driving-record-doesn-t-guarantee-insurance-savings) - [**](https://www.linkedin.com/cws/share?url=https://www.1800approved.com.au/blog/when-a-clean-driving-record-doesn-t-guarantee-insurance-savings) - [**](http://www.youtube.com/user/?url=https://www.1800approved.com.au/blog/when-a-clean-driving-record-doesn-t-guarantee-insurance-savings) ## When a Clean Driving Record Doesn’t Guarantee Insurance Savings Posted by [Jane Clothier](https://www.1800approved.com.au/blog/author/jane-clothier) on 16 September, 2015 ![insurance_savings](http://www.1800approved.com.au/hs-fs/hubfs/1800Approved-Aug15-Images/insurance_savings.jpg?width=745&name=insurance_savings.jpg "insurance_savings") When you’re buying a new car, it’s important to think about the hidden costs of running the vehicle. After the initial car finance deal, one of the most variable factors you will come across is the cost of your car insurance. What may come as an unpleasant surprise is that when you ring round for quotations on a particular model of car,  your clean driving record won't guarantee a healthy quotation. This is because some insurers offering monthly payments will take your credit score into account when setting the premium for your policy.   Find it hard to believe? Charisse Jones of [USA Today](http://www.usatoday.com/) reports that US-based *Consumer Reports* assessed the results from an incredible 2 billion quotations given by more than 700 insurers. What researchers found was that insurers were interpreting the customer’s credit score and using this as a basis for a quotation, weighing this above and beyond the driver's previous accident rates or even driving under the influence. And the difference in total payment wasn’t a small one: a convicted drunk driver with a good credit score would pay up to US$1500 less than a clean driver with some history of missing bill payments.   It’s certainly a worrying finding. This was in America, but Australians should also be cautious, as credit scores can affect the offers received from any financial institution, including insurers. So when it comes to finding [car insurance](https://www.1800approved.com.au/car-insurance), the only way to ensure you’re receiving a fair deal is to get as many quotations as possible. You should repeat this every year, especially if you've experienced a financial rough patch.   If you receive a better offer with a quick website quote, find out whether the company is going to conduct a credit check. Wait to see what the outcome of the check is on their full quote and, if there is no unexplained increase, add it to your list of possibles. If there’s a sudden price hike, cross them off and move along.   Nobody likes ringing around for quotations, but it can literally save you hundreds if your credit score is poor or has taken a turn for the worse. Always consider switching insurers if it’s in your best interests, for you’re well within your rights to do so. What may have been good five years ago may not be good for you any longer.   **Are you looking for finance to help you purchase a new vehicle?** 1800Approved is one of Australia's fastest growing car and asset finance brokers. We specialise in car finance, equipment finance, plus insurance and warranty services, and have previously arranged deals from AU$10k to AU$5m. 1800Approved services clients accross Australia, working with over 30 independent lenders to find the best deal. We can also help with sourcing your new and used car warranty, and by sourcing vehicles and equipment through our Drive Wholesale arm. To learn more about how we can help you, call us today at 1800 277 768 [![1800Approved_dark](https://www.1800approved.com.au/hubfs/Logos/1800Approved_dark.png "1800Approved_dark")](https://www.1800approved.com.au/new) #### join our newsletter Keep up with the latest tips #### Financial Services #### Company #### Resources 2008-2026 © Ausloans Pty Ltd Australian Credit Licence # 383 999 - [**](https://twitter.com/1800Approved) - [**](https://www.youtube.com/user/1800approved) - [**](https://www.facebook.com/1800Approved) - [**](https://www.linkedin.com/company/1800approved-finance-solutions) - [**](https://plus.google.com/+1800approvedAu) ![](https://www.facebook.com/tr?id=2099318183729557&ev=PageView&noscript=1) ![](https://www.facebook.com/tr?id=759887617369365&ev=PageView&noscript=1) ![](https://www.facebook.com/tr?id=122106498438777&ev=PageView&noscript=1) ![](https://bat.bing.com/action/0?ti=5128956&Ver=2) [![ClickCease](https://monitor.clickcease.com/stats/stats.aspx)](https://www.clickcease.com) ```json { "@context" : "http://www.schema.org", "@type" : "FinancialService", "address" : { "@type" : "PostalAddress", "addressCountry" : "Australia", "addressLocality" : "Gold Coast", "addressRegion" : "Queensland", "postOfficeBoxNumber" : "4214", "postalCode" : "4214", "streetAddress" : "33 Ereton Dr. Arundel" }, "aggregateRating" : { "@type" : "aggregateRating", "ratingValue" : "4.6", "reviewCount" : "233" }, "areaServed" : "Queensland, New South Wales, Victoria, South Australia, Tasmania, Australian Capital Territory, Northern Territory, Western Australia, Sydney, Perth, Melbourne, Hobart, Darwin, Brisbane, Adelaide, Gold Coast, Canberra, Newcastle, Wollongong, Logan City, Townsville, Geelong, Sunshine Coast, Cairns and Albury/Wodonga", "award" : "Australian Broking Awards - Asset Finance Broker of the Year 2016", "brand" : { "@type" : "Organization", "name" : "1800Approved Finance Solutions" }, "contactPoint" : { "@type" : "ContactPoint", "contactType" : "customer service", "telephone" : "1800277768" }, "description" : "A leading motor vehicle finance broker in Australia since 2008. 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