Tag Archives: Insurance Facts

How Your Credit Score Affects Your Insurance Rate and What You Can Do to Recognize the Relationship and Regain Control

What gives, then? Let us dissect it using straightforward language and practical solutions. What Role Does Credit Play in Insurance? A credit-based insurance score is a tool used by insurance companies to estimate your likelihood of making a claim. Although it is not quite the same, it is rather similar to your FICO credit score. …