Homeowners insurance rates greatly impacted by credit score

homeowners insurance rates increase

Many consumers are surprised to find out how great a difference their credit history makes. As recent homeowners insurance rates calculations are revealing, credit is growing in its importance to Americans. Our daily lives are directly impacted by our credit histories, according to the results of a recent study. This includes the amount being paid in premiums for property policies. A recent study showed that people with fair or median credit scores pay an average of 32 percent higher premiums. The research was conducted by Quadrant Information Services. It was…

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