PDA

View Full Version : Credit Checks To Decide Insurance Premium



notanotherone
31-12-2012, 09:04 AM
So I was doing my daily Reading of the Papers and came across this ...


To view links or images in this forum your post count must be 1 or greater. You currently have 0 posts. In short Insurance Companies (Aviva are the 1st in the UK) are now starting to do Credit Checks which will dictate the costs of your Insurance Premium alongside the other usual factors: location, car, NCB etc e.g.
- Low Credit Score - Higher Premium
- High Credit Score - Lower Premium

Apparently based on the theory those with low credit scores are more likely to make an insurance claim !

Discuss

Pretty Poor in my opinion, kick in the balls for people who already can barely afford to insure their car due to the crazy premiums etc

delboy1959
04-01-2013, 01:24 AM
can it be true? lol
just because people have poor credit scores does not make them bad people i think its just another money extracting scam from these ****s to make more money from the motorist

anyone agree?