Experian Auto Insurance: Legit Or Scam?

Experian Auto Insurance is a legitimate online comparison tool that lets you shop around for auto insurance coverage and compare rates from more than 40 top insurers to find the best deal. It is available in all 50 states and Washington, D.C., and is completely free to use. Experian does not charge any fees for its service and does not collect payment information. The tool provides apples-to-apples comparisons, ensuring that you are offered policies with similar coverage and not just lower prices.

Experian Auto Insurance simplifies the process of finding the best auto insurance deal by doing the legwork for you. It collects the necessary information, including details about your current policy, the cars you need to insure, the number of drivers, and your driving history. It then shops your information around to its network of insurance partners and presents you with a series of customized quotes. You can then choose the option that best suits your financial situation and coverage needs. Experian will even help you switch insurance providers and cancel your previous policy, requesting a partial refund on your behalf if applicable.

While Experian Auto Insurance is a legitimate and useful tool, it is important to note that Experian is not an insurance company itself but rather acts as an online insurance broker and agent. The company is paid a commission by the insurance company when a customer purchases a policy through their tool, but this does not impact the rates offered to the customer. Experian is also not accredited with the BBB, holding a C+ rating, and has received mixed reviews from customers, with an average rating of 3.8/5 stars on Trustpilot.

Experian's auto insurance comparison tool

First, users need to provide information about their current policy, including details on the vehicles they plan to insure, the drivers on the policy, and any information that may qualify them for discounts. This can be done by logging into their insurance account through the tool or uploading a digital copy of their policy.

Once the necessary information is provided, the comparison tool will show users quotes from multiple insurers, allowing them to compare prices and policy details. Results are typically received within minutes, but it may take up to 48 hours if information needs to be confirmed manually.

If a user decides to switch to a new policy, Experian will handle the entire process, including opening the new policy, cancelling the previous policy, and requesting a partial refund from the old plan if applicable. The tool is completely free to use, and Experian does not collect any fees for its services.

In addition to the auto insurance comparison tool, Experian offers a range of other services, including free credit reports and scores, security freezes, fraud alerts, and an online dispute dashboard. They also provide resources for small business owners, such as business credit profiles, tenant screening services, and debt collection tools.

How Experian's tool works

Experian's auto insurance comparison tool is a free service that helps users find the best deal on auto insurance. Here's a step-by-step guide on how the tool works:

Step 1: Provide Information on Your Current Policy

To get started, users need to provide some basic information about their current insurance policy. This includes details such as the make and model of the vehicle, the drivers on the policy, and any information that may qualify them for discounts. Users can either directly log in to their insurance account through the tool or upload a digital copy of their policy.

Step 2: Choose the Policy

Based on the information provided, Experian's tool will show users quotes from more than 40 top insurers. Users can then compare prices and policy details to choose the one that best suits their needs and financial situation. Results are typically provided within minutes, but it may take up to 48 hours if information needs to be confirmed manually.

Step 3: Swap With Experian's Help

Once a user has chosen their desired policy, Experian will handle the rest of the process. This includes opening the new policy, cancelling the previous policy, and requesting a partial refund from the old plan if applicable. Experian will collect payment information to forward to the new insurance company, but it does not collect any fees for itself.

Experian's tool is designed to be a no-commitment, hassle-free service. Users can check their rates and compare policies without any risk or obligation to switch. The tool is completely free to use and is available in all 50 states and Washington, D.C.

How to get lower insurance rates with Experian

Experian is a legitimate credit reporting company that provides access to free credit reports and FICO credit scores. It also offers an online comparison tool that helps users find the best deal on auto insurance. The tool is free to use and available in all 50 states and Washington, D.C. Here are some ways to get lower insurance rates with Experian:

Use Experian's Auto Insurance Comparison Tool

This tool helps you shop for rates and save on your auto insurance premiums. It compares quotes from over 40 top insurers to find lower rates for the coverage you carry. The tool is completely free to use and can save you time and money.

Shop Around for a New Policy

You can compare insurance quotes online to see if another company will charge you less for the same amount of coverage. Even if you've prepaid for your current policy, you may be able to get a prorated refund if you cancel early and switch.

Bundle Your Policies

Consider bundling your auto insurance with a renters or homeowners policy, or other types of insurance such as life, boat, or RV insurance. Many insurance companies offer lower premiums when you purchase multiple policies from them.

Look for Discounts

There are various discounts you may qualify for, such as safety systems discounts, affiliation discounts, and payment-related discounts. Contact your insurance agent to discuss your situation and see if you qualify for any discounts.

Increase Your Deductible

A higher deductible will often lead to lower insurance premiums. Just make sure you can afford to pay the deductible in case of a claim.

Improve Your Credit Score

In states where insurers are allowed to use credit scores to determine rates, improving your credit score can lead to lower insurance costs. Check your credit report and work on improving your score if necessary.

Experian's tool is free

Experian's auto insurance comparison tool is free to use and can help you find a better deal on your car insurance. The tool is part of Experian's marketplace and is available as a free tool for users with a CreditWorks Basic account. It is also available to consumers in all 50 states and Washington, D.C.

The comparison tool helps users find the best price for their auto insurance by comparing rates from more than 40 top insurers. It is a no-commitment service, meaning that users can check their rates without any risk or hassle. The tool is easy to use and can provide personalized auto insurance quotes within minutes. All you need to do is provide some basic information about your current insurance policy, and Experian will handle the rest.

There is no need to visit multiple websites or fill out multiple forms. Experian's tool does the hard work of finding comparable coverage, getting personalized quotes, and arranging policies for comparison. The tool is unbiased and provides users with the best available quotes based on their specific coverage needs. It also allows users to compare rates from multiple insurers at the same time.

In addition to the auto insurance comparison tool, Experian also offers a range of other free tools and resources to help users maximize their credit health and improve their financial situation. These include credit monitoring, credit score tracking, fraud alerts, and an extensive content library with articles on various personal finance topics.

Experian's tool is safe

Experian's auto insurance comparison tool is a safe and legitimate way to find the best deal on auto insurance. The tool is free to use and does not collect any fees for itself. It is available in all 50 states and Washington, D.C., and Experian Insurance Services is licensed nationwide.

The comparison tool provides quotes from more than 40 top insurers, allowing users to compare rates and switch to a new provider if desired. It uses innovative technology to allow users to compare rates in minutes by following a few simple steps. Users can be confident that their information is protected, as Experian goes the extra mile to safeguard their data.

Experian is transparent about how it makes money from this service. Just like all agents, they are paid a commission by the insurance company, but this is not added to the rates provided. These commissions are from the insurance companies' marketing budgets and are not taken from the users' premiums. Experian also states that it will never sell user data and that it does not engage in cold calling or spamming its customers.

In addition to its auto insurance comparison tool, Experian offers a range of other services to help individuals improve their credit health and protect their personal information. These include security freezes, fraud alerts, an online dispute dashboard, and free tools to boost credit scores. Experian also provides business credit profiles, tenant screening services, and debt collection tools for small business owners.

Overall, Experian is a reputable and safe option for individuals looking to compare and save on auto insurance. The company is committed to providing robust security measures to protect its customers' information and offers a range of tools to help individuals manage their financial health.

Frequently asked questions