Did you know that your credit score can affect more than just your ability to obtain new credit? Your score can impact several aspects of your life, from your ability to rent an apartment and even get a job. Your score can even have an impact on your insurance.
Insurance companies take a holistic look at you when determining whether or not to insure you, and one of the things they look at is your overall credit score. One of the ways to save on insurance is to maintain a good credit score to ensure you get the best rate on your insurance or that you’re able to get coverage at all. The better your score is, the better off you’ll be.