Last Updated on May 3, 2021
This method applies to many insurance providers like homeowner insurance, renters insurance, and auto insurance. However, if you have got your health insurance through your employer, then your credit will not be that important. But if you buy your own policy, then it will play a big factor in your premium.
However, there are a few states that don’t allow insurers to judge your premium based on your credit. So if you live in Hawaii, Massachusetts, and California, your auto insurance will not do this, same as homeowner insurances in Hawaii and Maryland.
