Solomon Wholesale Tools Blog
Blogging Wholesale
Seattle Insurance Quote — What You Pay As Premium Is Influenced By Your Credit Rating
January 10th, 2010 by admin
You’ll land a cheap or expensive Seattle insurance quote depending on your credit rating. You’ll attract higher home insurance premiums if you have a low credit rating. A poor credit rating means that you’ve not been paying your bills promptly. An insurer interprets this to mean that you are financially irresponsible and will possibly default in paying your rates. If you’re considered a likely defaulter, it makes you a bigger risk and attracts much higher rates than otherwise.
Therefore, it will do you much good to clear all your bills once they are due. It will help you attract lower rates among other things.