Insurance Rate Doubled after Accident--Help!!
I currently have my RV insured with National General. In january 2014 I backed into a parked car and busted his headlight along with some other minor damage. I had very little damage. I contacted Nat...
Forum Discussion
1BryNelson wrote:whistlebritches wrote:
Lots of times other insurance companies won't even give uou a quote if you've had a chargable accident in the last 3 years. Also, everytime you go out for quotes, your credit score takes a hit, as they check your credit rating. I don't see why they think they should do that, because, if you don't pay the premium, they cancel your insurance anyway.
Have to correct you on putting out bad and erroneous info. Retired 30 yr insurance agency owner.
Most insurance companies check credit, yes. It is done on what is called a "soft hit". That DOES NOT count against the credit score. Actually what they get is an "insurace credit score" which is supplied by Trans Union.
Thanks for that info.
