To be sure, there are many things that say most insurance agents, you will. Like the fact that, your credit score on your insurance premium. Yes, I said. I bet you probably did not know it.
It is not rocket science: Insurance is about risk. Whether you shop for your car insurance or homeowners insurance, insurance companies provide you a better Prices achieved, they think they can get a lot of money before they ever pay a claim on you. The insurance company has to make a little money or would not Business! Insurance companies are not stupid. You spend lots of money (money) to try to understand what cars are the safest cars and where to hold the most damage when involved in accidents. They also want more information as they legally can to determine whether you have a good risk on their books.
Statistically, people who are in financial difficulties or people who do not pay their bills on time a higher risk of a claim. Obviously this is not my work closer Numbers, but this is a mathematical logic. To better “risk” you are, the higher your rate will be. Good drivers with good credit get the best rates and the worst drivers with bad credit is to pay through the nose.