Why does my vehicle insurance company want to check my credit rating if I want to purchase renters insurance?
I have been near this company for over 20 years!
Answers:
Gypsy,
Even though you own had an account next to this company for over 20 years, the nature of business is to ensure that they make a profit. They want to see how you pay cheque your bills to see if you will pay theirs on time. Its not personal, newly a pain in the a s s !
isn't it crazy, I want to open a bank narrative to put my money into their bank and they wanted to do a credit check on me! I find it adjectives so very invasive. I found another bank. Maybe it's time to find another insurance company.
It gives the company a better idea of the qualities of the person. If you don't pay your lenders rear it shows that you are less responsible overall. I'm sure there are other reason as well such as- wanting to know if you're going to make your insurance payments in good time, will you lie about what items you own, who lives contained by the dwelling, etc.
Related Questions:
Answers:
Gypsy,
Even though you own had an account next to this company for over 20 years, the nature of business is to ensure that they make a profit. They want to see how you pay cheque your bills to see if you will pay theirs on time. Its not personal, newly a pain in the a s s !
isn't it crazy, I want to open a bank narrative to put my money into their bank and they wanted to do a credit check on me! I find it adjectives so very invasive. I found another bank. Maybe it's time to find another insurance company.
It gives the company a better idea of the qualities of the person. If you don't pay your lenders rear it shows that you are less responsible overall. I'm sure there are other reason as well such as- wanting to know if you're going to make your insurance payments in good time, will you lie about what items you own, who lives contained by the dwelling, etc.
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