Jan
6
RuneAmok asked:
Just got notice from my insurance company (auto only) that they are going to be ordering insurance loss history reports and motor vehicle reports. They will help determine our eligibility for insurance and the price we may be charged.
Just got notice from my insurance company (auto only) that they are going to be ordering insurance loss history reports and motor vehicle reports. They will help determine our eligibility for insurance and the price we may be charged.
All well and good. But here’s the kicker, the part I don’t get. They also say that they may order additional consumer reports that include our credit info. They may use a credit-based insurance score based on that info. And they may use a 3rd party to develop our credit-based insurance score.
Is this normal? Do many companies do this? Is this something that anyone else is outraged about, and is anyone fighting this?
I don’t have much cause for concern really, but I don’t get what one thing has to do with the other. You could explain that to me too!
If it matters, this is American Family Insurance.
Does State Farm do this?
I’m in Milwaukee Wisconsin.
MERLE