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Home > Blog > Give me some credit: Insurance Rating.
WEDNESDAY, SEPTEMBER 27, 2017

Give me some credit: Insurance Rating.

"Give me some credit."  This may be a good thing if I worked hard and someone acknowledges my accomplishments, right?  What if I want to buy a home or a car, then I may want to borrow money; that is, get credit money from the bank.  That is a good thing, correct?  All right, what if I have a low credit score?  Well, you will pay more for auto insurance!  You can help lower your own insurance rates by developing a better credit score.  Population statistics for driving claims show that credit ratings affect the number of incidents that are costing insurers money.  If a group of drivers are more expensive to insurers, then those drivers will be charged more money to keep auto policies active.
Posted 12:47 PM

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