is my car insurance score of x778 good
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UPDATED: Oct 2, 2011
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Insurance Question from Southfield, MI
Asked on 10/02/2011
is my car insurance score of x778 good this score is shown on my renewal invoice. how does this score compare to my fico score. pls advise.
Answer given on October 06, 2011
The car insurance score you referenced could be your FICO score or credit score. Unsure if your insurance carrier is using the term “car insurance score” instead. The best thing to do is call your insurance company, asked them what is the “car insurance score” referenced on your renewal notice. Ask them how does that factor into your rate. If they state that it is your credit score, ask them if you raised your score would your auto insurance go down. If the answer is yes, request your credit report (you now get one free every 12 months) and see what you can do to improve your credit and thus lower your rates. Since it is renewal, now may be a good time to check to see if you are getting the best price on auto insurance. Click here to get a free quote!
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