Your credit rating affects both your home & auto insurance premiums; some speculate that life and health insurance will check credit history as well when assigning premiums/rates (let's hope not).
So, it's assumed; if you have bad credit you are more likely to drive more recklessly; not take the necessary precautions to protect your home from catastrophes; etc,thereby filing more claims – What insurance company wants that? Although there is some controversy over this; for now it's an acceptable practice. Insurance, after all, is about risk.
Interestingly enough; a person with a poor driving record but good credit could pay less for auto insurance than a person with a good driving record and poor credit.
So… get a new quote whenever your credit changes significantly to save the most on your insurance costs. And if you're already having credit issues; stick with your current insurer; OR while shopping around ask the insurance representative if they factor in credit information when determining premiums (not all do). If your credit is already stellar, use it to your advantage to ensure you're getting the best rate.
If you need assistance in improving your credit score; let us help! (708) 872-0811