How Credit Scores Affect Property Insurance Premiums - Adjusting to 6 Figures - 0 views
-
adjustingto6figu on 06 Aug 17Credit scores are used to assess risk in most financial applications; qualifying for a credit card, buying a car, or getting approved for a mortgage. One thing that most people are not aware of is the impact a credit score can have on homeowner's insurance premiums. Most states allow the use of credit scores to determine insurance rates as they help to assess the homeowner's risk of potentially submitting a claim.