MrInsurability June 16, 2016 No Comments

MrInsurability.comHaving a good credit history will definitely cut your insurance costs!

Today, more and more insurers are using your credit history as one of the factors used in determining what your premiums will cost you.

In most states, the insurance company is required to inform you if any of the information on your credit report caused them to charge you a higher rate on your premiums.

Should this happen, you will want to immediately find out what credit reporting agency was used and begin the process to verify the information that the insurer used to make their determination.

There are a few things that you can do to try to maintain a good credit rating. These include things like: paying bills on time, keep credit balances low and don’t maintain more credit than you really need. Be sure to check your credit record on a regular basis and have any incorrect information removed as soon as possible.

As always, your independent insurance agent can help you to get the best possible rates on your insurance coverage!