How Your Credit Score Affects Your Insurance Costs
Believe it or not, your credit score can have a significant impact on the cost of your car insurance. The reason the auto insurance companies give for this is that research shows that people with a lower credit score are statistically more likely to file a car insurance claim.
Saving money on automobile insurance is one of many reasons to try to improve your credit rating. The video above is a brief news story that gives a little more information about the relationship between your credit score and how much you pay for car insurance.