Auto Insurance Is Cheaper With Companies Without Credit Checks Companies
The insurance companies are betting on the ignorance of the covered members when it comes to what a credit score means to the cost of covering a vehicle. Most people look at it solely as a resource for getting more financing from other institutions in life, but not for things like car insurance. Believe it or not this holds a large impact for underwriters responsible for coming up with what to charge members. A mortgage or new car financing is where the mind goes when connecting this important three digit number to finances. Insurance is typically not one of them, but surprisingly the same number used for credit cards and personal loans is also impacting how much it costs to insure a vehicle. Renewal time is impacted as well Lots of people discover when it comes time to sign up for an extension of current policies a change in this three digit number for the worst comes with a surprise. One of several things take place. No extension of coverage, cancellation and more difficulty finding ...