Professor Ryan Lee: Auto Insurance After an Accident or Ticket

It’s no fun to experience a car accident or to get a traffic ticket. Dealing with auto insurance is an added headache. Fortunately there are things you can do to minimize rate hikes. Assistant Professor of Economics Ryan Lee addresses some common car insurance questions on moneygeek.com:

Why do insurance companies charge higher rates if I have a poor driving record?

How can I lower my car insurance rates after I’ve had traffic violations?

What should I do if my driving record is so poor that no insurance company will cover me?

Read the whole thing HERE.