Posts tagged score
Q&A: WHY WOULD MY CREDIT SCORE HAVE ANY BEARING ON MY ANNUAL PREMIUMS FOR CAR OR HOME INSURANCE?
Dec 9th
Question by gregwhatshisname:
Why would my credit score have any bearing on my annual premiums for automobile or home insurance?
Recently, I had a homeowners policy with on the web insurer ESURANCE. I was under the impression that my homeowners policy would automatically renew. No. You have to call ESURANCE and tell them you want to renew or they cancel you. After I was cancelled I called up to reopen my old account. No can do. So we opened a new account. My annual premium went from $ 468 to over $ 1400! I have never filed any claims or changed anything at my house. However, like many Americans, I have been laid off and bill payments have piled up. It’s fair to state my credit score has dropped. But a 300% markup? I called other insurers; Allstate, Nationwide, Say Farm; they were all close to $ 1000 annually! How can insurance companies get away with this? What do they think, if I am slow at paying my bills my home might burn down?
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Q&A: DO YOU KNOW THAT MANY AUTO INSURANCE COMPANIES BASE YOUR RATE ON YOUR CREDIT SCORE>? SHOULD THIS BE LEGAL>?
Dec 9th
Question by shawn:
Do you know that many auto insurance companies base your rate on your Credit Score>? Should this be legal>?
I just feel that if the Say is going to require by law auto insurance ,, then your credit should not have anything to do with your rate! Many companies do not even tell you they are running your credit, but they do! This needs to be changed !
what’s next they going to charge us what the wish on our next Huge Mac based on our credit score?
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Q&A: AUTO RATE QUOTES, LOWER CREDIT SCORE?
Sep 6th
Question by MykO OooooOOo:
Auto rate quotes, lower credit score?
So does anyone know if obtaining a rate quote for your auto insurance or obtaining a rate quote on auto loans will lower your credit score? Im in the market for buying a new automobile and i was hoping to obtain as many quotes as possible to see my options. Do they actually run your credit or do they just take the information you give them and provide an estimate? Any assistance would be helpful, thanks!
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WHAT DOES A PERSON CREDIT SCORE HAVE TO DO WITH RATES ON CAR INSURANCE RATES?
Jul 13th
Question by Christopher H:
What does a person credit score have to do with rates on automobile insurance rates?
It should be against the law since everyone must carry automobile insurance. Also, what does my low credit score got to with my great driving record? Sounds like another reason to raise rates because most credit scores are low across the board. If someone pays their insurance company on time and has a good driving record should be their only concerns. Doesn’t that make sense to raise automobile insurance rates to persons that had a hard time paying a bill, bit made all their automobile insurance payments on time. If there are others out there mad about this issue please help me do something about this robbing…
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DOES OBTAINING AN INSURANCE QUOTE AFFECT YOUR CREDIT SCORE?
Jun 14th
Question by answer please:
Does obtaining an insurance quote affect your credit score?
I am checking for insurance quotes for a automobile and am curious if it would lower my credit score?
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Q&A: IF I’M SHOPPING AROUND FOR AUTO INSURANCE (QUICK AUTO QUOTE) – IS THIS GOING TO LOWER MY CREDIT SCORE?…?
May 22nd
Question by jiwkojj:
If I’m shopping around for auto insurance (Quick Auto Quote) – is this going to lower my credit score?…?
If I’m shopping around for auto insurance (Quick Auto Quote) – is this going to lower my credit score? – as far as I know –the auto insurer is checking the credit score……
….you know what I mean !?……….
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WILL GETTING QUOTES FROM CAR INSURANCE COMPANIES AFFECT MY CREDIT SCORE?
Feb 26th
Question by Roger G:
Will getting quotes from automobile insurance companies affect my credit score?
I am reluctant to get other quotes to compare coz i have the feeling it affects my credit score negatively. Does it?
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DOES IT HURT MY CREDIT SCORE WHEN I ASK FOR QUOTES FOR CAR INSURANCE?
Feb 23rd
Question by Joy P:
Does it injured my credit score when I ask for quotes for automobile insurance?
I just turned 25 and I am exhausted of getting hosed on my premiums. I want to begin shopping around but I know that the insurance companies check your credit score. What is the ideal way to go about getting quotes?
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DOES GETTING QUOTES FROM CAR INSURANCE COMPANIES LOWER YOUR CREDIT SCORE?
Feb 17th
Question by Scotty S:
Does getting quotes from automobile insurance companies lower your credit score?
I’ve heard that everytime you apply for a credit card, get insurance quotes, etc. your credit score gets lowered.
Is this true? If so, how much?
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