If you have a low credit score, then chances are you are paying a premium for your auto insurance. The rules for auto insurance scores vary state by state, and for those states that permit this practice, your auto insurance score is used to predict the likelihood that you’ll file an insurance claim.
Auto insurance scores are usually based on accounts you have in good standing, age of your credit history, on-time payment history, and amount of credit you are using. So, if you’re shopping around for auto insurance, what if you could get the best deal?
Here are a few tips to help you get there:
- Pay all your bills on time
- Keep down your credit utilization rate
- Do not open unnecessary credit accounts
- Maintain your credit history
The time is now to proactively build and improve your credit score so that you can make what if you could a reality.
And if you’re a landlord, RentReporters can help you, too, make what if you could a reality, like finding and keeping the best tenants. With our new partnership with TransUnion SmartMove, you can easily access comprehensive information on your applicants’ backgrounds to help you make that critical decision about who to rent to and who to decline.
For more information on RentReporters, visit here.