How Your Credit Affects Your Life Insurance Costs Archives - Udell Family Insurance

How Your Credit Affects Your Life Insurance Costs

9:00 am
|
0 Comments
arrow signs that read "good credit" and "bad credit"

Can bad credit influence your life insurance rates?

You know that your life insurance provider will consider things like your lifestyle, age, and health when calculating your insurance rates.  However, did you know that your insurer may also look at your credit?  In some cases, insurance companies will factor in your credit score when setting your premiums.  But how exactly does your credit score affect your insurance costs?  Here’s what you need to know.

How does my insurer use my credit history?

Insurers use your credit history to see a connection between how […]