Insurance companies vary and you will likely have to shop around to find the coverage you need. Your insurance premiums will likely be higher than those without a bankruptcy on their record or those with better credit reports.
Insurance rates are not purely calculated based on credit history. There are other rating factors such as where you live, the type of car, driving record, etc. The goal of getting this information is to correlate the insurance premium rate as closely as possible with the actual cost of potential claims.
If you would like to comparison shop now and see if you can find a lower auto insurance rate you can do that here. If you have difficulty in your state finding an auto insurance company to provide you coverage with a bankruptcy on your record, then contact your state’s insurance regulator for help obtaining the car insurance you need for your vehicle.
— Michelle Megna contributed to this story.