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Car Insurance and Your Credit Score Green Valley 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.

Francisco- Clarence H
(520) 648-2886
210 W Continental Rd
Green Valley, AZ
 
Ives- Kani K - State Farm Insurance Agent
(520) 746-1079
1625 West Valencia Road Ste 107
Tucson, AZ
 
Molina- Eugene G - State Farm Insurance Agent
(520) 883-1500
2160 West Holladay Street
Tucson, AZ
 
pedatarvcenter
(520) 623-6387
5151 S. Julian Drive
AZ, MD
Alternate Phone Number
888-973-3282
Services
520-623-6387

Allstate Auto Insurance
(888) 355-7971
13000 W Indian School Rd
Litchfield Park, AZ
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Heltemes- Mark J
(520) 399-2200
18745 S Frontage Rd Ste A115
Green Valley, AZ
 
Castillo- Gilbert - State Farm Insurance Agent
(520) 883-2886
3000 West Valencia Road Ste 234
Tucson, AZ
 
Castillo- Ramon - State Farm Insurance Agent
(520) 889-3366
5425 South 12th Avenue
Tucson, AZ
 
Allstate Auto Insurance
(888) 355-7971
1834 E Baseline Rd
Tempe, AZ
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Auto Insurance
(888) 355-7971
23858 S Power Rd
Queen Creek, 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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