Will home insurance quotes lower your credit score?

Does getting several home insurance quotes lower your credit score, and then, in turn increase your home insurance rates?

Become an Expert →

Answer #1

If they all get a unique copy of your credit report - yes, it will lower your credit score. If you provide them with a copy of it, and they don’t request it on your behalf, then it won’t lower your credit score.

in turn increase your home insurance rates

Not that I know of, same idea as life insurance or car insurance. Each company has a certain demographich / lifestyle profile that they give the best rates to. Other brackets of income, age, etc, get a different rate, so you should definitely shop around for home insurance…I think you mean property insurance though, not PMI or private mortgage insurance. But in either case, the same principle applies.

More Like This

Will regulary checking my credit report lower my credit score? - 3 Answers
If I check my credit report all the time will that lower my credit and my credit score?
Does checking my credit score lower the score? - 1 Answers
I was told yesterday that if I check my credit score too much then it lowers the score and denies me for credit if I am tryin...
does your credit score change when you return something back? - 1 Answers
so i bought a computer, blinder and they all had defects from online websites so i returned them and got my refund.. i notice...
Credit Score affected when becoming business partners? - 1 Answers
Will going into a business partnership with someone who's filed for bankruptsy 3 years ago affect my own credit. We are curre...
How can I check my credit score? - 2 Answers
I want to know my credit score without paying anything. I don't want to be obligated to any fees, or applications, or emails...
Why did my credit score go down after I got a new credit card? - 3 Answers
I just got a credit card in July. Then I got another one in September, thinking my credit score would go up, because I have m...
Poor credit score. Need credit card. Any help? - 1 Answers
I need/want a credit card but I haven't been able to acquire one b/c of poor past credit. Yet one reason score is low is b/c...
free credit report and score - 1 Answers
I want to know my credit score without paying anything. I don't want to be obligated to any fees, or applications, or emails....
an initial credit score - 1 Answers
Does one start out with an initial credit score...and as you do well managing your credit cards does it stay at that level or...
Will downgrading your credit card hurt your credit report? - 1 Answers
If I downgrade my AMEX card from Platinum to Gold will it hurt my credit report?

Ask an advisor one-on-one!

Will home insurance quotes lower your credit score?

Company Credit Score Blog

Top Quote Life Insurance

Affordable Quotes Insurance

Gulf Coast Insurance

Lotus Insurance Quotes