It's tax time - so I am going through ALL my paperwork - and found this steaming pile of hooey!
I have always been against the use of credit scores in determining auto insurance rates, but this is the last straw!!!
Apparently my credit report was used to calculate my auto insurance premium and I did NOT receive the lowest possible premium for these reasons (even though my info was "very good" in their words) because:
1) I applied for credit at least once in the last 2 years
2) I had no reported auto loans or leases opened in the last 10 years
3) I had a payment past due in the last 7 years
So because I got pre-approved for a loan (but didn't get one), didn't finance my only car ever, and was late on a payment sometime since I was 22, I have to pay more - even though I have never made a claim, gotten in an accident, or gotten a ticket!!!
Pucking insurance companies!!! :angry: