Underinsured Motorist

If you are hit by an uninsured or underinsured driver, Richard Co. can help you with up to $1 million in coverage for medical expenses and lost wages.

Medical Expenses

If you are involved in an accident, our coverage can help pay for your medical treatment. You can also purchase optional extra protection for prescription drugs or dental care.

Claims or Customer Service

Richard Co. offers 24/7 claims service and customer service to ensure that your needs are met efficiently and quickly.

• Extended protection from the damages of other drivers.

• Peace of mind as you're covered for medical expenses and other incidental costs.

• 24/7 customer care to answer your questions and file your claims.

(1) What are the factors that affect auto insurance rates?
Auto insurance rates depend on the age, gender, driving record, and location of the driver.
Age: Generally speaking, younger drivers cost more to insure than older drivers because they are statistically more likely to be involved in car accidents. The age at which a person is considered a “young” driver varies by state and insurance company.
Gender: The gender of the driver also affects auto insurance rates. Male drivers cost more to insure than female drivers because they are statistically more likely to be involved in car accidents.
Driving history: Insurance companies look at your driving history when deciding how much you will pay for auto insurance because people with a clean driving record usually cost less to cover than people with an extensive driving record that includes citations and violations.
Location: Where you live

(2) What role does credit score play in determining the cost of auto insurance?
The role of credit score in determining the cost of auto insurance is that it's a predictive tool to assess the likelihood of future claims. It is used to calculate premiums based on the risk associated with the individual applicant. It is also used for calculating penalties for non-payments, late payments, missed payments, delinquencies, which are applied in some states when people are downgraded.
Auto insurance companies use credit scores to determine how likely you are to file a claim. If your credit score is low or if you have had previous claims, then your auto insurance rates will be much higher than someone with good credit and no accidents.
The reason why this metric matters in determining your rate is because it can predict whether or not you'll be filing a claim in the future.