This is a site that
claims good credit scores are sexy.
Not exact matches
One such site, CreditScoreDating.com with the tagline «
Credit Scores Are Sexy,» claims to help thousands of people a day meet others with good c
Credit Scores Are Sexy,»
claims to help thousands of people a day meet others with
good creditcredit.
This means that insurers think that people with
credit scores are more likely to file false accident
claims as opposed to people who have a
good record with personal debts.
Studies have shown that individuals with bad
credit are more likely to file a
claim than individuals with
better credit scores.
Many companies that
claim to be able to fix your
credit score instantaneously are simply too
good to be true.
«The higher
credit score, the
better the person's
credit and the less likely they are to incur
claims.
Well recent data shows that only 40 % of Millenials
claim to have a somewhat
good understanding about their
credit scores.
There is a correlation between
credit score and increased risk of
claims, as
well.
According to Lamont Boyd, insurance underwriting expert at FICO, your
credit - based insurance
score is derived from a combination of factors in your
credit reports and is used to help insurers
better determine the likelihood you will file a future
claim.
A
good credit score demonstrates how
well you manage your financial affairs and has been shown to be a
good predictor of whether someone is more likely to file an insurance
claim so many insurance companies take it into consideration when you want to purchase, change or renew your auto insurance coverage.
While some will try to differentiate themselves by
claiming to be «the
best,» there is no one universal
credit score that is
better than the others.
Home and car insurers often consult «
credit - based insurance
scores,» which include the applicant or policyholder's
credit score as
well as other factors like their past
claims and location.
Keeping a card balance to boost
credit score is dumb advice — Some financial «experts»
claim that carrying a small balance on your
credit cards is
good for your
credit score.
Homeowners insurance takes a number of factors into account, such as the home's location, age and type of building materials, as
well as your personal
credit score and
claims history.
A
good credit score — an indication of responsible money management — has been shown to be a
good predictor of whether someone is more likely to file an insurance
claim.
Customers that have
good credit scores or no history of submitting
claims are going to be able to get
better rates.
Car insurance companies have spent millions of dollars on people and the factors that make the more responsible and safer driver, and according to their research — people with
good or excellent
credit scores make smaller
claims on average than do those people with poor
credit.
Auto insurers have extensively studied the connection between poor
credit scores and high rates of auto insurance
claims and other risk factors, and have consistently seen the same pattern: a strong positive correlation between poor
credit and high rates of
claims (and a corollary connection between
good credit and low
claims rates).
Other optional discounts may be available including, but not limited to: • Anti-theft devices • Anti-lock brakes, air bags or daytime running lights •
Good student grades • Continued policy renewals • Drivers Education •
Claims — Free Discount •
Credit Score • Placing another type of policy with the same insurer
Other optional discounts may be available including, but not limited to: • Anti-theft devices • Anti-lock brakes, air bags or daytime running lights •
Good student grades • Continued policy renewals • Drivers Education •
Claims — Free Discount •
Credit Score • Placing another type of policy with the same insurer TOP
A
credit score is a measure of your financial responsibility, and most providers see it as a measure of your likelihood of submitting
claims as
well.
Insurance companies believe that a
better credit score means a
better driver who won't file many
claims.
There is a correlation between
credit score and increased risk of
claims, as
well.
Various factors such as your vehicle's made, model and year, as
well as ZIP code,
credit score,
claims history and average mileage all affect your premium rate.
With a
good credit score and a solid
claims history, chances are you will be able to find a North Carolina renters insurance policy at a very reasonable price.
That seems strange at first glance, but research has shown that using
credit information to set prices has had a positive effect on
claims and so the
better your
credit score, and the more positive your
credit history, the
better your premium for car insurance is apt to be.
Statistics show that policyholders with
good credit scores tend to file fewer
claims, says Janet Patrick, spokeswoman for the Illinois Insurance Association.
A perfect insurance
score, in the eyes of an insurance company, represents a client with the lowest possible risk of filing a
claim, so since the probability of filing a
claim is based on
credit,
good credit is the key to a high
score.
Just like a low
credit score will result in lower rates, having a CLUE report which contains little or no previous
claims will keep your premiums down as
well.
Many local Bentonville providers and agencies have decided that
credit scores are a
good indication of whether or not a policyholder is likely to submit
claims, and they will adjust rates to your
credit score.
If you have a
good credit score and no
claims history, you are going to be much more eligible for some of the cheapest renters insurance protection.
The proper Weymouth homeowners insurance should take into account a number of factors, such as the home's age, building materials and location, as
well as your own
claims history and
credit score.
A
good credit score is an indication of an individual that has a lot of financial responsibility and is less likely to submit
claims on their Spokane Valley renters insurance.
Trusted Choice agents will look at your home's size, location and age as
well as your
claims history and
credit score.
Your Duluth policy is based on your car's age and model, your
credit score and your previous
claims, as
well as annual mileage and driving history.
Car insurance companies know that a driver's
credit score is a
good predictor of how likely they are to make a
claim.
Basically, the rule covers
credit reports and
scores, as
well as data about a person's employment background, financial history, past insurance
claims, residential history, or medical information.