Date:         Fri, 7 Feb 2003 21:19:58 -0800
Reply-To:     Gregory Smith <budgetzagato@YAHOO.COM>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         Gregory Smith <budgetzagato@YAHOO.COM>
Subject:      Insurance and credit checks
Content-Type: text/plain; charset=us-ascii

John Brush <jbrush@AROS.NET> wrote:

"Not sure if it matters, but it really bugs me. Here
in Utah, if you ask for an insurance quote, the law
says that you have given permission to the insurance
company to do a credit check on you.

I am told that every time someone checks your credit,
your rating drops.  Kind of prevents me from shopping
around very much for an insurance quote."

--------
Actually although they do check, it doesn't count
against you.  The list of recent inquiries to your
credit only show on the version available to you and
do not affect your rating or index.

A nice side affect is every time it's checked, you are
entitled to a free copy.  And it's usually a phone
call away.  Always nice to see who's been
impersonating you.

My insurance agent told me they have figured that your
credit rating is a more accurate way to rate you as a
risk.  Then he said my index was better than his!  :)

Gregory Smith
'84 Vanagon
Olympia, WA

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