Drivers with poor credit usually pay for more car insurance. That's because, in the majority of states, car insurance companies can use your credit history when determining your monthly premiums.
Merely four states (California, Massachusetts, Hawaii and Michigan) prohibit car insurance companies from using drivers’ credit scores to determine insurance rates. For the rest of us, credit scores ...
You know your credit score affects mortgage rates and credit card approvals. But car insurance? In most states, insurers use your credit to calculate premiums—and it matters more than you think. More ...
Car insurance is an expensive — and mostly inevitable — aspect to owning a car. And, unfortunately, the costs are only rising ...