Credit Scores

Your credit score may or may not affect how much you pay for insurance. It can depend on which state you live in or how good your score is. We break down what it means for you and your rates.

• Should states ban credit-based insurance scoring?

  

  Drivers in Texas who have bruised credit soon could have one less thing to worry about when buying insurance.

  A bill pending in the state Senate would prevent insurance companies in Texas from using … more

• How credit history affects your insurance premiums

  

  Your credit history not only influences how much interest you pay on mortgages and car loans; it also can affect the amount you pay for auto and home insurance. But an improvement in your credit … more

• Some states give troubled consumers a break on use of credit scoring for insurance rates

  

  A spouse’s death, a job loss or a catastrophic illness are among the most traumatic events in life. These kinds of tragedies account for nearly 90 percent of family bankruptcies – usually … more

• Credit insurance services preserve credit, but are they worth it?

  

  If you have a credit card or some other type of loan, chances are you’ve been offered access to a service that would suspend your payments if you experienced an unexpected loss of income such … more