Sentences with phrase «against your insurance score»

This puts a point against their insurance score and makes it more expensive for them the next time they try to obtain price estimates.

Not exact matches

Certain states have attempted to take action against insurance companies using credit scores.

The percentage of rent that can be applied against the mortgage payment will depend on each lender's policies, the mortgage insurance (if any), and the overall credit score of the applicant etc..

Michael scored two landmark rulings in Federal Court in Ayres v. USAA Casualty Insurance Company and Cunningham v. Liberty Mutual Fire Insurance Company, pushing back against insurers improperly applying changes to Florida's sinkhole legislation.

Your insurance score is then configured by taking the data and weighing it against information culled from other policyholders with similar credit and insurance claim characteristics, like the type and amount of insurance claims filed.

If an adverse action has been taken against you, your insurer, per law, is required to notify you of your insurance score.

Some drivers with negative marks on their credit reports might be looking for no - credit check car insurance, where their bad credit score won't count against them in calculating premiums.

Indeed, in a 2007 FTC study, «The FTC cited other studies that found tying insurance rates to credit scores tends to discriminates against low income and minority consumers because of the racial and economic disparities inherent in scoring.»

Perhaps you will be able to borrow more from a personal loan since the insurance loan amount will be decided by the cash value of your plan, but then your whole credit score will be put on the line, something that is not touched while taking a loan against your insurance policy.

Anytime this occurs, it makes a point against you on your insurance score and can make things difficult for you later when you try to price check around.