Is It Fair For Insurers To Use Credit As A Risk Factor? Many consumers are not even aware that bad credit and high insurance rates can go together. You may ask, for example, what your financial issues have to do with your risk as a driver. You would not be the only one asking...
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Posts Tagged ‘ credit ’
How Does Poor Credit Affect Insurance Rates?
Credit Scores and Insurance
You may, or may not, realize that your credit can affect the amount you pay for some types of insurance! For instance, many major car insurers will not give their best rates to applicants with poor credit, and some will actually refuse coverage for very poor credit! So you can be a great driver...
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