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Car Insurance and Your Credit Score Richland WA

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
5409 Fern Loop
West Richland, WA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Auto Insurance
(888) 355-7971
4303 W 27th Ave
Kennewick, WA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Insurance
(509) 374-5133
3321 West Kennewick Avenue Suite 130
Kennewick, WA
 
Bollschweiler- Allen G
(509) 547-9571
1408 N 20th Ave
Pasco, WA
 
Shepard & Shepard Business Solutions
(509) 396-0488
8524 W Gage Blvd A-170
Kennewick, WA
Alternate Phone Number
509-396-0488
Services
Business, Home, Auto Insurance
Prices and/or Promotions
Fast, Affordabe Quote ONLINE

Allstate Auto Insurance
(888) 355-7971
6303 Burden Blvd
Pasco, WA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Bruggeman- Delmont C
(509) 946-7629
1301B George Washington Way
Richland, WA
 
Allstate Insurance - Joe Herber
(509) 735-3456
3321 W Kennewick Ave Suite 130
Kennewick, WA
 
Aaa Insurance Agency
(509) 735-6351
6501 W Grandridge Blvd
Kennewick, WA
 
Allstate - Jeremy Olson
(866) 602-1679
7785 Sunset Hwy Ste 247
Mercer Island, WA
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

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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