Jun 09, 2012
On Jun 9, 2012 12:48:50 PM, GPD1739P wrote:
>I still don't understand why auto insurance companies use your credit score to adjust your rates - especially when auto insurance is only available to you AFTER you pay for it! It's not like they're extending credit to you.<
It has been tested and proven that people with bad credit scores are also bad insurance risks.
>Just another excuse for them to jack up your rates.<
At least in Texas, you can get insurance from a company that does not look at your credit score. It should be noted that these companies tend to be on the expensive side.