Survey: Credit Scoring A Rate Factor

NU Online News Service, March 31, 9:40 a.m. EST?In a new online poll conducted by the Kansas insurance department, more than half of Kansans participating in the survey said credit scoring was a factor in their increased auto and homeowners insurance rates.

Among 524 individuals who have responded so far, 457 people, or nearly 90 percent, said their auto and homeowners insurance rates have gone up in the past year, and 269 respondents said they were told by agents credit scoring was a factor in their insurance premium hikes.

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