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Unfortunately with each year passing it's getting hard to find affordable insurance no matter how hard you try. And even if you have all the important factors influencing auto insurance quotes in check - no claims, low coverage amounts, middle age, insurance-friendly car - you still may end up paying more for insurance. This is often due to the fact that insurance companies among other things use your credit rating in order to determine your rates. Knowing that credit scores have suffered for many people during the last couple of years due to the bad economy it's easy to see how this aspect has influenced overall insurance costs. But before you wonder, how come this has anything to do with auto insurance quotes, it all needs a little explanation.

First of all, it may seem strange that insurance companies use credit ratings as a legitimate factor for calculating their rates. There's seemingly no connection between insurance and credit whatsoever. Nevertheless, insurance analysts have established such a connection when going through a large amount of data on insurance claims. It was observed that people who filed the most claims during a short period of time usually had below average credit scores. And at the same time, people with credit scores above the average usually had fewer claims on their record. Naturally, it didn't take long for insurance companies to exploit this observation, and now they use credit scores as part of their complex formulas for calculating auto insurance quotes.

Of course, most of you have never heard about the fact, because the insurance company doesn't require you to share this information. Sure, because they don't even need to. Under Federal laws insurance companies have the right to check a person's credit score for internal purposes only without notifying the person. So you can't even blame them for playing dirty. That's a fact you just have to deal with because you can't change it. But you can still change the way your credit rating will influence your auto insurance quotes.
The optimal solution is to improve your credit rating since there are more implications to a good credit score than just lower insurance rates. Today having a high credit score is crucial, because it will allows getting better credits at lower interest rates, take out advantageous loans and save money on different types of insurance. Sure, it may take long to improve your score and you will likely need assistance from a professional financial adviser. However, the benefits of such a solution are numerous and you will definitely enjoy them.

Sure, there's also an easier way to dealing with credit scores and auto insurance quotes. Not all companies use this factor for determining their costs, so it's obvious that you need to find a company that doesn't if your score isn't that good. It's definitely much simpler and doesn't require any effort on your end. But on the other hand, you don't get any benefits as you would do by improving your score. In the end, it's your decision to make and your auto insurance quotes to get.