Merely four states (California, Massachusetts, Hawaii and Michigan) prohibit car insurance companies from using drivers’ credit scores to determine insurance rates. For the rest of us, credit scores ...
Inflation has been widespread over the last few years, but the car insurance industry has been hit particularly hard by the higher costs that have resulted from it, which have led to increases in auto ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
Scott Nyerges is a former senior editor and content strategist at U.S. News & World Report, where he led coverage of car insurance and other personal insurance lines. He's also served as a managing ...
Drivers with poor credit usually pay for more car insurance. That's because, in the majority of states, car insurance companies can use your credit history when determining your monthly premiums.
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