Serving Northwest Oklahoma since 1895                Insurance ~ Real Estate


The Higher Your Credit Score, the Lower Your Premium!


It might seem odd, but most insurance companies look at credit scores when determining rates for homeowners and auto insurance policies.  Why?  Believe it or not, statistically speaking insurance consumers with higher credit scores tend to file less auto and homeowners claims, while the opposite is true for consumers with low scores. 


So not only is it a good rule of thumb to have a good credit history for future borrowing worthiness, it also helps you save on your insurance dollars!  And if your credit score is on the weak side, now is as good a time as any to start consolidating debt, cutting back on non-priority expenses, and living within one's means. 


Do you have a family budget?  If you don't, it's a good idea to come up with one.  If you don't have a check balancing program like Quicken on your computer, we recommend installing software of this nature; the program really keeps track of your expenses, categorizes them, and gives you an excellent idea of where most of your dollars are being spent.  This will assist you in coming up with a realistic budget that everyone can strive to live within.  After all, there are so many expenditures that can be cut (cell phone plans trimmed back, rolling back to basic cable, adjusting the thermostat to conserve energy, buying more generic brands at the grocery store, using coupons, we could go on and on!); you'll be amazed at how a tweak here and there will really add up in the long run, giving you more dollars to pay off debt.  And then you'll see those credit numbers move north!


Credit scoring for personal lines insurance has been implemented for the better part of a decade, and it looks like it's here to stay.  So protect a high credit score, and pay less insurance premium dollars! 



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