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
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