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Credit Score, The Cost and insurance Score of Auto Insurance
While shopping for auto insurance, a person always strives for lower cost of insurance. In that case a very good credit score may make it possible to lower the cost. Credit score is a statistical method of evaluating an applicant's credit worthiness. Businesses are invariably attempting to pool which part of the consumers which will offer the optimum profit with minimum loss. So they try to determine the rate of an insurance policy against the actual level of claim. It has been determined that virtually all car insurers use the credit info to decide whether or not to issue a policy.
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Your credit report
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