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Car Insurance and Your Credit Score Casa Grande AZ

Your credit score is used by car insurance companies to determine what you pay. It's important to know your score before you shop for insurance. It's easily possible that someone who has never had an accident and never filed a claim could pay up to three times as much for insurance as another similar customer with an identical vehicle โ€” because of differences in credit scores.

Allstate Auto Insurance
(888) 355-7971
453 E Cottonwood
Casa Grande, AZ
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Geico Insurance
(520) 836-0867
202 East 4th Street
Casa Grande, AZ
 
Allstate Insurance Companies
(520) 836-1332
2028 North Trekell Road
Casa Grande, AZ
 
Elvia Cota-Ramirez Ins Agy Inc - State Farm Insurance Agent
(520) 836-0011
1927 North Trekell Road Ste C
Casa Grande, AZ
 
Allstate Auto Insurance
(888) 355-7971
18275 N 59th Ave Ste 160
Glendale, AZ
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Carlucci Insurance Agency
(520) 836-7336
701 North Olive Avenue
Casa Grande, AZ
 
Sifuentes- Larry R
(520) 421-1066
177 W Cottonwood Ln
Casa Grande, AZ
 
Farmers Insurance
(520) 836-9002
317 East Cottonwood Lane
Casa Grande, AZ
 
Yoder- James A
(520) 723-5324
123 S Main St
Coolidge, AZ
 
Allstate Auto Insurance
(888) 355-7971
565 W Chandler Blvd Ste 218
Chandler, AZ
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Car Insurance and Your Credit Score

Many car insurance companies now use your credit score to determine what you pay. Why? Because they say studies show that customers with poor credit histories are more likely to be in accidents and file claims. They claim that customers with bad scores are higher risks and it's only fair that those customers pay more for their policies.

Insurance regulations in many states now allow this practice, although regulatory administrators admit they don't understand the connection between credit scores and car accident claims.

It's easily possible that someone who has never had an accident and never filed a claim could pay up to three times as much for insurance as another similar customer with an identical vehicle โ€” because of differences in credit scores.

How does it work?
Insurance companies use a secret formula to calculate a customer's "insurance score" that is not quite the same as the more familiar FICO score from credit reporting agencies such as , Transunion, and Experian. Although the score itself may be different, the end result will nearly always be the same. If a customer has a poor FICO score, he'll almost certainly have a poor insurance score.

Companies such as Allstate charge poor-credit customers as much as three times the rate for customers with excellent credit. In fact, credit history is becoming one of the major factors, if not the major factor, in determining insurance rates.

Insurance companies want ...

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