Use of credit scores in auto insurance rates – ballot petition to prohibit its use
A number of socioeconomic factors are taken into account while pricing your policy. For instance, if you haven’t paid all your bills on time, it may actually affect your auto insurance rates. However, a new ballot petition will now ensure that it doesn’t. What are the factors that should actually play a role while determining your auto insurance premiums? There are some large companies that have been arguing that your credit scores as well as occupation also makes a huge difference in the way you drive, but not everyone is in agreement with that. Presently, in the Massachusetts the credit … (more) August 31, 2011
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Auto, Ballot, credit, Insurance, petition, Prohibit, Rates, scores