Insurers typically use a specialized score, often called a credit-based insurance score, instead of a standard FICO credit score. According to the National Association of Insurance Commissioners (NAIC ...
A new report found that having a low credit score can double the amount a person pays for homeowners insurance, and the figure is higher for those in Illinois. The Consumer Federation of America and ...
CheapInsurance.com examines how an applicant’s financial profile intersects with their driving profile in determining auto insurance rates. Most drivers know that factors like driving record, vehicle ...
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