Which of the following statements is true?
A)The lower your insurance credit score,the higher your homeowner's insurance rate will be.
B)The higher your insurance credit score,the higher your homeowner's insurance rate will be.

Question

Quizplus · Accepted Answer

The lower your insurance credit score, the higher the perceived risk by insurance companies, which can lead to a higher homeowner's insurance rate. On the other hand, a higher insurance credit score indicates financial responsibility, which can lead to a lower rate.

Which of the Following Statements Is True