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They usually can't cancel a policy due to credit. The rates can go WAY up though!

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โˆ™ 2006-04-08 21:15:55
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Q: Can an auto insurance company cancel your policy after reviewing your credit report?
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Related questions

How do you cancel your credit card?

call the company/ bank

Will filing Chapter 7 allow your insurance company to cancel your insurance or increase your rates?

The insurance industry has pulled credit for many years to determine eligibility and rates. Rather than obtain a general answer to your question, why not pose it in a specific form to your agent?

Can you charge on a credit card that is in your bankruptcy AFTER actually filing bankruptcy?

"Whether a debtor keeps credit cards after filing bankruptcy is up to the credit card company. If you are discharging a credit card they will cancel the card unless you reaffirm the debt. Even if you have a zero balance the credit card company might cancel the card."

Where would one get commercial credit insurance?

Commercial credit insurance is often purchased by companies to ensure payment of credit which a company has credit with. There are many insurance companies who specialize in credit insurance. Some include Allianz and Atradius. The best way to obtain and use trade credit insurance is through a specialized broker.

What does one do if a car insurance company doesn't give one their credit check?

Some car insurance companies do not do credit checks. And not receiving a credit check won't do anything bad. In fact, if one has bad credit or no credit and the insurance company does decide to do a credit check, that person might end up paying a larger rate.

it there such a thing as credit insurance?

There is no such thing as credit insurance, however there is credit monitoring services. These services require you to pay a monthly fee and in return, a company will monitor your credit for fraudulent activity.

Is car insurance higher if you have a low credit score?

Most often yes, but some insurance companies do not consider credit when issuing a rate. Ask your agent or insurance company if they do use credit scores and why.

What do you do if you lost your credit card?

Call the credit card company and tell them it is stolen. They will probably cancel your card and issue you with a new one.

Can you give me a sentence for the word cancel?

Can I CANCEL this credit card

Where can one with bad credit obtain auto insurance?

Someone with bad credit can obtain auto insurances at various places. Bad credit shouldn't stop someone from wanting to obtain auto insurance. Direct Insurance is a company that will provide auto insurance to people with bad credit.

How do you cancel an existing credit card?

Call up the Credit Card company and tell them to clsoe the account, you will be sent a letter confirming that as well.

Do you still have to pay a debt that shows its been settled on your credit report?

Call your credit card company and inquire. If you can not get through, cancel the card.

How do you cancel your Credit Card Account?

First of all, you call the credit card company you are with and tell them you want to have your credit card cancelled, it doen't get any easier than that!!

What is the specialty of the company Sofrinco?

The company Sofinco is a French company who specialize in credit and insurance. They aim to find a good deal for cars, homes and holiday insurance offers.

Who is responsible for a deceased person credit card?

Bank's Insurance company

Is a car insurance quote credit checked?

Some Insurance Companies Credit Score and some do not. Its really just a matter of the insurance company choice in underwriting and risk assessment procedures.

How do you cancel an accidental purchase on a parent's credit card?

The only ways to cancel an accidental purchase on a parent's credit card is to cancel the order from the producer/provider or cancel it through the credit card's business.

When was the American Income Life insurance company founded?

The American Income Life Insurance Company was founded in 1951. The company is based in Waco, Texas and provides life insurance to credit unions and labor unions.

Can you tell me what the insurance factory is?

Insurance factory specializes in offering clients insurance if they are considered to be high risk. As with a finance company that offers clients who have bad credit a loan or credit card, insurance factories do this regarding insurance.

Does getting an automobile insurance quote alter my credit score?

If the insurance company runs a credit report, this will put a mark on your insurance showing that it was viewed. Receiving too many quotes or having too many inquiries on your credit can be a bad thing.

Does cancelling term life insurance lower FICO score?

No, insurance does not have anything to do with a FICO score. Insurance it maid as you go. Its like asking if you cancel your phone service will your credit score change. The two have no correlation.

Why a creditor will be reviewing your credit history?

amount of debt

How do you cancel your mencom subscription?

I would dispute a charge from the site with my credit card company. Get it reversed and that should cause them to cancel the account. If that does not work report them to the legal authorities as a scam.

Where could a company buy credit risk insurance?

Companies can buy credit risk insurance at several different insurance companies around the world. This type of insurance protects the business' accounts receivable. The insurance guarantees against excessive bad debt losses.

What is sold on the insurance market?

Many types of insurance is sold at insurance markets for example, you might be able to find; auto, health, accident, casualty, life, property, liability and credit insurance. Of course it varies from company to company.