Does my credit rating determine my insurance quotes?
http://insureme.us/credit-rating-determine-insurance-quotes/
The debate whether credit scores and insurance rates are necessarily correlated is still ongoing. Many wonder at the logic behind a person with a bad driving record getting lower car insurance rates than someone with a mediocre credit score. Or the case of the person with a weight issue getting lower health insurance rates over someone with a so-so credit rating. To top it off, in these hard times, we struggle to make ends meet and therefore prioritizing which bill gets paid on time would often result in having to sacrifice the credit card bill or defaulting on your student loans just to make certain that your insurance premium is settled. Some would be surprised to find out that even though they strive to stay on top of their insurance at the expense of other financial obligations, they have been dropped by their insurance companies due to their dropping credit ratings. Still other companies may find it fitting to capitalize on this by hiking up their clients’ insurance rates to skyrocketing proportions.
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