Just in from Upstate S.C. Today.
“Have you seen your car insurance premiums go up because of your credit rating? Well a lot of people with perfect driving records are seeing high premiums because of their credit scores. This new bill H3236 that was sponsored by South Carolina Repsentatives Funderburk and McLeod could change this.”
Read about this and other bill’s up for voting in the 118th session of South Carolina legislation at Upstate S.C. Today.
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Personally, I think that higher insurance rates due to credit scores is a rip off. One, you are not borrowing money and 2, you are driving your credit, you are driving a car.
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I agree Danny. It is a rip off when you have a clean driving record. Well said.