Good credit score may lower your auto insurance premium

Your car insurance payment may be on a rise and it has nothing to do with your driving history. New controversial way auto insurance companies determine your risk on the road. A speeding ticket, a fender bender, a teenage driver, accident, maybe a DUI, all of those things can drive up your auto insurance premium but another factor that determines how much you have to pay and most will never even consider it.

No auto insurance policies are the same but most drivers figure they know what important to their insurance policy. While your road record is a factor but so is your credit score, nearly every auto insurance company are starting to use your credit score to set your premium. Some may put more weight on your credit history than your driving history. Read more ›