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Credit scoring pulled my auto insurance rate up 40 bucks, is that even legal?
Got my renewal notice last week from Geico and my premium jumped $40 a month for no reason. No accidents, no tickets. Called them up and the rep told me they now use my credit score as a factor. I was stunned. Apparently a hard pull from when I financed a used Civic in March tanked my score by 30 points and that triggered the increase. I had no idea insurers could do that. Found out after digging that most states allow it but some like California and Hawaii ban it. Does anyone else think it's wild that a decision about driving gets tied to financial stuff that has nothing to do with road safety? How do we even push back on this besides just paying it?
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