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Liz Weston on Personal Finance (Collection), 2/e
book

Liz Weston on Personal Finance (Collection), 2/e

by Liz Weston
April 2013
Beginner to intermediate content levelBeginner to intermediate
913 pages
21h 32m
English
Pearson
Content preview from Liz Weston on Personal Finance (Collection), 2/e

10. Insurance and Your Credit Score

Tawny had been a loyal Allstate customer for 15 years. The Texas woman had paid her premiums on time and had never gotten a ticket, had an accident, or filed a claim.

Then her auto insurance premium tripled:

“I went through a devastating divorce where I lost my home and credit,” said Tawny, who became a single mother with three small children. “About a year later, I got a notice from Allstate that my auto insurance rate was increasing.... I wasn’t too worried until I got my first bill. I went from paying $396 every six months to $1,200.”

Kyra in Bridgeport, Connecticut, never had trouble with her auto insurer. But when she tried applying for a renter’s insurance policy with MetLife, she was denied:

“Although ...

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Publisher Resources

ISBN: 9780133445893