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Does your credit score effect the price on car insurance?
Public Comments
- Yes, the lower your score, the higher your insurance will be
- Yes, your credit score will effect the price of your auto insurance. If you have a poor credit score the auto insurance company will charge you a higher rate because they assume that you are more likely to file a claim or not pay for your insurance at all. On the other hand, if you have excellent credit, they are more likely to give you a break.
