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 Teresa Knowles North Carolina Department of Insurance 2005-2025

Carolina Department Insurance 2005-2025 Form

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foreign [Music] recently we verified red cars don't cost more to ensure since then we've gotten a lot of comments stating your credit score can affect your cost of insurance so let's verify our sources the North Carolina department of insurance and North Carolina law under North Carolina law insurance companies license to sell home and car insurance may use credit scores in determining your insurance premiums the North Carolina Department of Insurance states insurance companies believe credit history can be used to predict insurance claims filing activity it states consumers With Better Credit histories are believed to have fewer and smaller losses and therefore file fewer claims North Carolina law allows insurance companies to use your credit information when determining your policy however insurance companies are not allowed to use your credit score as the sole reason in terminating an insurance policy or changing the rate of your insurance there are other fac

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