Insurance Tip #17
- Van Insurance
Save Money. Save Time. - Jesus Saves (Read This)
17. Car Insurance score factoid: Most drivers are unaware that they ALSO have a criteria including their
credit report used in formulating their insurance rates.
It's named an insurance score and you MUST know yours and how it affects you rates.
Insurance Score "Tip of the Day"
17.) Not knowing your "Insurance Score" can be very costly.
Your insurance score is different from your financial credit report score. Insurance scores range from 300 to 900 and is the determining factor in calculating the cost of your insurance for your home and auto plans. Your insurance score, in part, is based on your financial credit report (in some states), however it is primarily based on your driving history, your insurance claims history, the year and type of vehicle (or home), where you live, how far and where you drive, and also the amount plus type of insurance coverage that you require.
Your insurance score is different from your financial credit report score. Insurance scores range from 300 to 900 and is the determining factor in calculating the cost of your insurance for your home and auto plans. Your insurance score, in part, is based on your financial credit report (in some states), however it is primarily based on your driving history, your insurance claims history, the year and type of vehicle (or home), where you live, how far and where you drive, and also the amount plus type of insurance coverage that you require.
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