Is there a connection between credit scores and reckless driving, or other insurance claims?
I don’t know enough about the insurance business as to how they set premiums. I guess I’m surprised the credit score has been a big factor , at least in some states.
Probably. Irresponsible people tend to be irresponsible.
I seem to have some vague memory of talk about making landlords stop using credit checks for renters too in Washington.
Of course, insurance companies like any financial institution know that folks with good credit are usually more responsible and thus less likely to submit claims or get a speeding ticket which normally will raise your rates.
It actually makes sense. A person who makes good decisions with money and is responsible with it will generally be a person who does the same when driving a vehicle.