Drivers with poor credit usually pay for more car insurance. That's because, in the majority of states, car insurance companies can use your credit history when determining your monthly premiums.
You know your credit score affects mortgage rates and credit card approvals. But car insurance? In most states, insurers use your credit to calculate premiums—and it matters more than you think. More ...
Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...
Drivers with a perfect driving record can pay twice as much for car insurance if they have bad credit. Improving a credit score from "very poor" to "exceptional" can yield car insurance savings of 273 ...
Car insurance isn't something that is nice to have. In most states, it's a requirement for drivers to obtain minimum liability coverage. And if you're financing your vehicle, specifically, the lender ...