Sentences with phrase «consider auto insurance scores»
Insurance companies consider auto insurance scores when pricing policies.
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However, the credit score may also be considered when you apply for an apartment lease, purchase auto and home insurance and apply for jobs.
On Wednesday, Consumer Federation of America released the results of a study where they focused on the two largest auto insurers, State Farm and Allstate, to see if auto insurers consider your credit scores when pricing insurance policies.
(Three states — Hawaii, California and Massachusetts — bar insurers from considering credit scores in setting auto insurance premiums.)
Find out whether any of the companies you're considering use your credit score in calculating auto insurance premiums.
Consumer protection laws in California prohibit auto insurance companies from considering customers» homeownership status or other socio - economic factors such as level of education or credit score when setting premiums.