Why does your credit score affect your car insurance premiums?

Question:
Does your credit worthiness affect your driving skills?

Answers:

Who is at fault in the 3 cars accident?

No, it doesn't affect your driving skills but people with bad credit scores tend to have more claims and worse claims. There have been YEARS of research on the subject & that is what the statistics show. Insurance is all about statistics. I can see why this could happen. People with bad credit tend to have less money, if they have less money, they don't have the money to do the larger things on their car to keep it safe like brakes or tires, etc until they are about ready to go. If these things are let go on a car, the more likely there could be an accident (bald tires or bad brakes may keep someone from stopping on time & cause an accident).

When you are buying a car, whats the diffrence bweenthe date of manufacture, and date of first registration,?

***Progressive ABSOLUTELY pulls credit. They were one of the very first to do so & they were the ones that basically started it all when it comes to credit. Everyone followed their lead. They started pulling credit over 9 years ago. When you get a quote with them you don't "see" anything that tells you they did this. It is all "behind the scenes".

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How do i find out the status of my driving privaledge?

Because some people had bad credit and when they ran out of money, they start to steal stuff from their own car to sell it to pawn shop and/ or they can't pay for car note then they dump their car some where and report that their car stolen... something like that. therefore it relate to credit score.

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Can Poles drive Heavy Goods Vehicles in the UK with just a tractor license?

It doesn't.
I've never heard of that, ever.
Go to Progressive.com for your insurance needs - it's fast, easy, very cheap, and they mail you your insurance cards; there is no insurance agent to deal with: "No fuss, no muss."
I've used them to insure a lot of cars ... long story short: Your credit score doesn't affect your insurance premiums - your age, gender, marital status, zip-code where the car is registered, and, most importantly, your driving record.
All the best.
JT

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How long does it take for CARFAX to report accidents?

your credit score shows what kind of a responsible person you are.
Bad credit shows lack of responsibility

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In a low impact rear end should you get help making your claim, car has minimal damage but my back got hurt?

Years of studies and statistics have shown there there is a direct correlation between credit and filing claims.
I think you'd be hardpressed to find any insurance company that doesn't factor in your credit rating somehow into their premium. Some companies consider it much stronger than others, though, so it will pay for you to get several quotes. Just make sure that they are quoting you with the same coverages so you can compare the quotes.

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