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Do insurance rate quotes affect credit score?

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  • Do insurance rate quotes affect credit score?

    I want to shop around for life and auto insurance to see if I can find any better deals. Does getting quotes impact my credit score?
    Steve

    * Despite the high cost of living, it remains very popular.
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  • #2
    I know that companies will do an inquiry into your credit report, as I've known people who've been declined for having a bad credit score.

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    • #3
      They are supposed to be doing a "soft pull" of your credit report. I suppose it's possible that they are doing a hard pull, but unlikely. So, no, it shouldn't have much (if any) effect.

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