{"id":27,"date":"2022-05-27T04:00:00","date_gmt":"2022-05-27T10:00:00","guid":{"rendered":"https:\/\/www.brentyoungagency.com\/blog\/?p=27"},"modified":"2022-05-27T13:57:50","modified_gmt":"2022-05-27T19:57:50","slug":"how-does-my-credit-score-affect-my-auto-insurance-rates","status":"publish","type":"post","link":"https:\/\/www.brentyoungagency.com\/blog\/how-does-my-credit-score-affect-my-auto-insurance-rates\/","title":{"rendered":"How Does My Credit Score Affect My Auto Insurance Rates?"},"content":{"rendered":"

If you’re looking to buy a new car, the lender will likely check your credit score. If it’s below a specific threshold, they may not approve you. In case you’re driving a car with low or average mileage, the lender may check your credit score as well. For questions and advice, contact Brent Young Agency LLC, and talk to the experienced team in Manchester, CT. <\/span><\/p>\n

What to Know About Credit Score <\/span><\/h2>\n

Credit score is often the deciding factor between getting affordable car insurance or not, making it important to understand how it works. You can maintain a good score by keeping track of your bills and making timely payments. If you have a low or bad credit score, you could end up with a rate that is three to four times higher than someone with excellent credit. <\/span><\/p>\n

Your premiums are low if you’ve low scores. When you shop for car insurance, you’ll probably see a few different factors that affect your rate. What can affect your car insurance rate? There are several things you can do to improve your score, like staying current on bills and keeping a low balance on your credit card. Some of the factors include: <\/span><\/p>\n