No, it doesn't affect your driving skills but people with bad credit scores tend to have more claims and worse claims. There have been YEARS of research on the subject & that is what the statistics show. Insurance is all about statistics. I can see why this could happen. People with bad credit tend to have less money, if they have less money, they don't have the money to do the larger things on their car to keep it safe like brakes or tires, etc until they are about ready to go. If these things are let go on a car, the more likely there could be an accident (bald tires or bad brakes may keep someone from stopping on time & cause an accident).
***Progressive ABSOLUTELY pulls credit. They were one of the very first to do so & they were the ones that basically started it all when it comes to credit. Everyone followed their lead. They started pulling credit over 9 years ago. When you get a quote with them you don't "see" anything that tells you they did this. It is all "behind the scenes".
2007-03-11 16:31:27
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answer #1
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answered by Sue 6
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Years of studies and statistics have shown there there is a direct correlation between credit and filing claims.
I think you'd be hardpressed to find any insurance company that doesn't factor in your credit rating somehow into their premium. Some companies consider it much stronger than others, though, so it will pay for you to get several quotes. Just make sure that they are quoting you with the same coverages so you can compare the quotes.
2007-03-12 02:39:03
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answer #2
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answered by Jessica S 3
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Because some people had bad credit and when they ran out of money, they start to steal stuff from their own car to sell it to pawn shop and/ or they can't pay for car note then they dump their car some where and report that their car stolen... something like that.... therefore it relate to credit score.
2007-03-11 16:24:00
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answer #3
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answered by Duke 5
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geez - I try difficult to no longer decide, yet wow. Did you in addition to mght no longer have your license? So now your sister is staring at getting fined for no longer having a license or coverage? and you pled to blame as her? So she would not be attentive to she has a courtroom date, and given your music checklist you will very probably fail to tell her approximately this courtroom date and then she will have a warrant out for her arrest. And nonetheless, nonetheless now when you have completed all of this on your sister your purely difficulty is your self. you are able to no longer visit reformatory using fact of YOUR difficulty. i think its extra useful on your sister to ought to stand reformatory spectacular? i do no longer additionally be attentive to the way you may restoration this, pleading to blame via letter many times potential that the infraction is logged into some mysterious pc gadget someplace that's administered via courtroom workers. attempting to get them to make a metamorphosis in the pc gadget exceedingly plenty takes an act of congress. You have been of course hoping that she would not get a courtroom date and which you will only plead to blame pretending to be her and it would leave. i'm sorry yet you're rather a poor individual. i wish your sister unearths out with reference to the courtroom date and you get indicted for fraud and mendacity to a police officer. i wish your sister records fees against you. i do no longer think of i ought to ever document fees against my sister, yet my sister isn't the snake which you're.
2016-11-24 21:38:03
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answer #4
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answered by ? 4
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It doesn't.
I've never heard of that, ever.
Go to Progressive.com for your insurance needs - it's fast, easy, very cheap, and they mail you your insurance cards; there is no insurance agent to deal with: "No fuss, no muss."
I've used them to insure a lot of cars ... long story short: Your credit score doesn't affect your insurance premiums - your age, gender, marital status, zip-code where the car is registered, and, most importantly, your driving record.
All the best.
JT
2007-03-11 16:34:48
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answer #5
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answered by JT in DC 2
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your credit score shows what kind of a responsible person you are.
Bad credit shows lack of responsibility
2007-03-11 23:50:31
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answer #6
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answered by Anonymous
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