Car insurance companies don't like guessing games. When you ask for a quote, they want to know who you are and what you've been up to. Fortunately for insurers, there are a lot of companies willing to help them.
Here are the most common reports used by car insurance companies to help determine whether they want to insure you and at what price. Some reports you can get yourself, and others you'll never see.
1. Insurance score
Your credit history is important to car insurance companies because it's a predictor of how likely you are to pay on time and make a claim. There are exceptions: If you live in California, Hawaii or Massachusetts, auto insurers can't use credit information to set rates.
A credit score typically takes into account your payment history, amounts owed, length of credit history, new credit and types of credit.Insurers often pull a report called a FICO insurance score. You can't get your own insurance score, but your credit score generally mirrors your insurance score as it moves up or down. Therefore, monitoring your credit is important, because bad credit can bump you to a more expensive rate class for insurance. Sites like WisePiggy.com (a sister site of CarInsurance.com) offer free credit score reports so that you can monitor your status.