What does no hit mean on insurance?
What does no hit mean on insurance?
It is our understanding, however, that when an insurer receives a notice of “no hit” (consumer unable to be found in the credit reporting agency database) or a notice of “no score” (too little information on a consumer’s file to provide an accurate score) for a consumer seeking insurance, the insurer is required to … Jun 15, 2009
Does State Farm do credit checks for insurance?
Every major car insurance company checks your credit before offering a binding quote. That includes Geico, State Farm, USAA, Progressive, Allstate and Liberty Mutual. Only a few insurers do not check your credit. Sep 2, 2021
What credit score do insurance companies use?
Key Things to Know About Auto Insurance Scores Insurance scores usually come from Fair Isaac Corporation (FICO), LexisNexis, and TransUnion. A good insurance score is roughly 700 or higher, though it differs by company.
