Does giving an insurance company your SSN affect your credit score?

I am shopping around for the best car insurance rates, but the insurance companies need my SSN to give me an accurate quote. Will this affect my credit score if they run my credit to see what rates I qualify for? I don%26#039;t want to get my score lowered!

Does giving an insurance company your SSN affect your credit score?

Quick answer - NO!

I have insurance companies that have 60 %26quot;tiers%26quot; of rates, so your credit %26quot;score%26quot; determines where you fall in the tier rating system.

In no way does this effect your credit rating.

Does giving an insurance company your SSN affect your credit score?

I%26#039;ve heard of insurance companies refusing to cover you if you have a low credit score. I highly doubt it would affect your score since your not seeking to borrow money.

Does giving an insurance company your SSN affect your credit score?

I don%26#039;t think so, they do a %26quot;soft inquiry%26quot; I keep up with my score and never see anything %26quot;hard%26quot;= Opening a new credit card. I%26#039;ve never even seen them on the %26quot;only credit checks you can see.%26quot; IE: American express reviewing your credit every few months...etc

Does giving an insurance company your SSN affect your credit score?

no, it won%26#039;t...

they want it to see what kind of rates to give you - because how good of an insurance rate depends upon your credit with some companies.