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What is insurance scoring? Does it hurt my Credit Report?

April 26, 2017credit report hurt Insurance scoring

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What is insurance scoring? Does it hurt my Credit Report?

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Insurance scoring determines premium for a policy holder. Premiums are based on the results of credit history. There has been a proven link between individuals with poor or medium credit standing to submit small claims. This inquiry does not damage someone’s credit, it is simply a means of checking payment history not eligibility for a loan or line of credit.