Comments on: What does a person credit score have to do with rates on car insurance rates? http://www.mainspot.net/what-does-a-person-credit-score-have-to-do-with-rates-on-car-insurance-rates/ Automotive Resource and Car Care Sat, 16 Oct 2010 15:54:43 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: michael n http://www.mainspot.net/what-does-a-person-credit-score-have-to-do-with-rates-on-car-insurance-rates/comment-page-1/#comment-4070 michael n Mon, 23 Feb 2009 09:44:28 +0000 http://www.mainspot.net/?p=1794#comment-4070 It will take a few years but some states have passed laws that ban the companies from using credit in their equations. In a few years we will see if their new 'equations' work as well as the equations that have credit in them. If they do, then many states will be passing laws to ban credit use Here is some more detailed info about it - Hope that helps. It will take a few years but some states have passed laws that ban the companies from using credit in their equations. In a few years we will see if their new ‘equations’ work as well as the equations that have credit in them. If they do, then many states will be passing laws to ban credit use

Here is some more detailed info about it -

Hope that helps.

]]> By: car253 http://www.mainspot.net/what-does-a-person-credit-score-have-to-do-with-rates-on-car-insurance-rates/comment-page-1/#comment-4069 car253 Fri, 20 Feb 2009 06:58:10 +0000 http://www.mainspot.net/?p=1794#comment-4069 In California credit scores are not considered in auto insurance rates. I agree that credit scores should not be used. You need to contact the people that make the laws in your state to get your laws changed so credit scores will not be considered. Some people think it is also discrimination. Good Luck. In California credit scores are not considered in auto insurance rates. I agree that credit scores should not be used.

You need to contact the people that make the laws in your state to get your laws changed so credit scores will not be considered. Some people think it is also discrimination.

Good Luck.

]]> By: Tom Z http://www.mainspot.net/what-does-a-person-credit-score-have-to-do-with-rates-on-car-insurance-rates/comment-page-1/#comment-4068 Tom Z Wed, 18 Feb 2009 05:54:21 +0000 http://www.mainspot.net/?p=1794#comment-4068 Actuarial studies show that how a person manages his or her financial affairs, which is what an insurance score indicates, is a good predictor of insurance claims. Statistically, people who have lower insurance scores tend to file more claims. Actuarial studies show that how a person manages his or her financial affairs, which is what an insurance score indicates, is a good predictor of insurance claims. Statistically, people who have lower insurance scores tend to file more claims.

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