What is the best credit score for car insurance?

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asked Aug 6 in Credit by TheLens827 (1,120 points)
What is the best credit score for car insurance?

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answered Aug 7 by Makeonly544 (2,850 points)
The best credit score for car insurance is a credit score of 800 although a 600 to 670 credit score is also good and is what a lot of people have.

The higher your credit score the lower your insurance premiums will usually be.

A good insurance score is roughly 700 or higher, though it differs from company to company.

You can improve your auto insurance score by checking your credit reports for errors, managing credit responsibly, and building a long credit history.

A good credit score is a credit score between 670 to 739.

Most lenders view people with credit scores of at least 670 and above as acceptable or lower risk borrowers.

The average US credit score is a credit score of 717 which is a pretty good credit score.

The higher the credit score the better.

It used to be possible to  have a 900 credit score but now you can only have an 850 credit score for the highest credit score.

The highest credit score is 850 which is an excellent credit score.

While older models of credit scores used to go as high as 900, you can no longer achieve a 900 credit score.

The highest score you can receive today is 850. Anything above 800 is considered an excellent credit score.

The most your credit score can increase in one year is 100 to 200 points.

Raising your credit score takes at least a year to 2 years to see a significant increase in your credit score.

A good credit score is a credit score in the range of 670 to 739 although 600 can also be considered a pretty good credit score.

An excellent credit score is a credit score of 800 and above.

A credit score of between 670 to 739 is considered to be a good credit score.

Below 680 is considered an average credit score and 300 or less is considered a bad credit score.

Although ranges vary depending on the credit scoring model, generally credit scores from 580 to 669 are considered fair; 670 to 739 are considered good; 740 to 799 are considered very good; and 800 and up are considered excellent.
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answered Sep 29 by Sawatarman (1,160 points)

When getting the best rates for car insurance, having a good credit score helps. A score in the range of 700 or above is usually considered significant by most insurers. That being said, every company has its way of figuring out premiums, so there's no one-size-fits-all answer. If your credit score is lower, it doesn’t mean you're stuck with high rates forever. There are things you can do, like improving your score over time and shopping around for quotes from different companies. You can check more details at www.insurancecloud.co.uk .

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