How your lifestyle and neighborhood affects your insurance rates

Insurance companies use different software programs and databases to figure out how risky it will be to insure you.  If you are considered to be too high of a risk, you may have to pay more. In some cases, your application may even be denied. Insurers use an insurance score that FICO determines from your consumer report history.  This score is partially gathered using the data from the major credit reporting companies. Your insurance score is similar to your credit score, but you can’t obtain your insurance score like you…

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