credit and car insurance rates

  How Credit Affects Your Car Insurance Rates in North Carolina When it comes to car insurance in North Carolina, many drivers focus on things like their driving record, age, or the type of vehicle they drive — and those factors do matter. But one element that often flies under the radar is your credit history. In fact, insurers in North Carolina can — and regularly do — use credit information to help determine how much you pay for auto insurance. What Insurers Look At: Your Insurance-Specific Credit Score Insurance companies don’t use the same credit score a bank might review when you apply for a loan. Instead, they use a credit-based insurance score — [...]