07/09/2022
Did you know that Auto Insurance Companies rely heavily on your credit ratings?
Among other factors, insurance companies inquire into consumers credit report to determine your eligibility and pricing.
As part of their process, they are known (by some) to pull from secondary credit reporting agencies such as LexisNexis.
LexisNexis is a CRA or data furnisher that populate data on your current and past personal and auto history such as insurance coverage, claims, driving record - infractions, violations etc.
As it important to repair and restore your Big 3 credit report- Experian, Transunion & Equifax, it’s just as important to pull your LexisNexis report and dispute any inaccuracies and have any information invading your privacy removed from such report as this could be costing you hundreds maybe thousands on insurance costs.
If you know or feel like you are over paying for auto insurance, we recommend you schedule a consultation call with us so we can help determine so and map out a game plan for you.
DM us Insurance and click the link in bio to schedule a FREE Consultation today