WebFeb 6, 2024 · How high or low can an insurance score go? Depending on the company that is issuing the insurance score, an insurance score range can go as low as 200 and as high as 997. If you have an insurance score of 770 or more, you’re considered to have a good insurance score, and so you’ll get lower rates. WebJul 31, 2012 · Michigan auto insurance companies can now use drivers’ credit scores and credit information as factors in determining how much to charge drivers for auto …

How Michigan car insurance companies can use your credit score

WebMar 22, 2024 · MoneyGeek analyzed 2024 auto insurance premium data from Quadrant Information Services by state, provider and credit score rating to determine average auto premiums for drivers with “Good” credit scores (769–794) and … WebAn insurance score is a number that's used to predict your odds of filing a claim on your auto, homeowners, or other type of insurance (depending on the state and insurer), as well as the cost of that claim. It's mostly calculated from your credit history, so it's also referred to as a "credit-based insurance score." thinkpad 440s disable touchscreen in recovery

How Much Does Credit Score Affect Auto Insurance Rates?

WebApr 10, 2024 · Your credit score is a three-digit number, typically ranging from 300 to 850, that indicates how likely it is that you will pay back your debts on time and in full. It's calculated using a... Web1 day ago · Michigan auto insurance laws. Car insurance is required in nearly all states, including Michigan. Limits for the legal minimum coverage level are higher than in most … WebDec 6, 2024 · There are currently four states—California, Hawaii, Massachusetts and Michigan—that don’t allow credit scores to help determine auto insurance rates. So, if you live in one of these... thinkpad 440