Overhaulin'

when getting a car insurance quote do they run your credit?

Public Comments

1. Yes most do they just dont tell you about it.
2. Yes, to get a quote they do what is call a soft hit. This means it doesn't show on your credit report. Your credit history will affect your insurance rates, so good credit means better rates.
3. I don't see any reason they'll run your credit. Assume you get a bad credit score and they don't "sell" insurance ? I don't think so. If you're good driver (no ticket or accident) you're making money for them. You always have to pay the premium upfront. They have nothing to do with your credit score.
4. Most insurance companies do a soft hit on your credit report. Meaning it doesn't cause any points against your credit score but will show up they inquired. They do this because like all other companies such as credit card, mortgage companies, etc, they want to be sure they are going to get their premiums. People with bad credit tend to come in and pay their first month on their policy walk out with an insurance card that says they are insured for 6 months and not pay any more on the policy and then 6 months later go do the same thing at another insurance company. People with good credit pay their bills on time therefore they deserve better rates.