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Credit reports and insurance premiums question.
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School Of Hard Knock
Posted 2/24/2009 15:52 (#621266)
Subject: Credit reports and insurance premiums question.


just a tish NE of central ND
So why is it nessessary for insurance companies to research your credit ratings to determine your premiums on policies?Shouldn't every ones premiums just be the equal cost for equal value insured/equal risk/ and equal situation/ insured as long as the premium is paid and the check is good?............
:explanation to my question is this:Once in a while I get letters from my insurance stateing that I have had a credit search done for determining my premiums. But that is about all it says too.
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