Education And Occupation Used To Set Insurance Premiums

Just another way to justify raising rates. We shall see if this practice meets FTC approval. Meanwhile, many U.S. car insurance companies use credit-based insurance scores to help determine risk. (Unless you live in Massachusetts, Hawaii, or California, where the practice has been banned.) And studies have shown that there's good reason to use credit-based scoring in developing rates.

Esurance – Car Insurance Myths: Credit Score Does Not Affect Rate