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In most states, your credit score can be used to calculate your car insurance premium. And insurers are taking advantage of that, with 92% of carriers adding your credit score to their insurance ...
While your credit score and your car insurance might seem like separate parts of your finances, studies show that drivers with poor credit pay significantly more for auto insurance than similar ...
As your credit-based insurance score is based on most of the same factors as your credit score, this is a good place to start. If you have a history of making late payments on your consumer debt ...
Maintain a good credit score. Insurance companies often use credit scores to determine car insurance rates. Keeping your score above 700 — even if you’re retired — can significantly lower ...
With the average full coverage-car insurance policy costing a hefty $2,640 ... Maintain a good credit score. In most states, insurance companies use your credit score as a factor in determining ...
Learn more in our guide to full-coverage car insurance — and when you might skip it. Sources. Report Details Severe Credit Score Penalties in Auto Insurance, Consumer Federation of America ...
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