Reader question:

I have good credit, good driving history except for my DUI, discounts, long history with my Texas SR 22 company, everything. But I still pay more than my neighbor who also has Texas SR 22 insurance. Why is that?

Charlie

Great question, Charlie.

You say you have good credit, Charlie, and I believe you. However, just because you’re supposed to have good credit doesn’t mean that this is what will show up in your insurance risk score, which determines your Texas SR 22 insurance quote. Your credit is one of the biggest factors in your Texas SR 22 quote, so if you find that your premium is not what it should be, then perhaps something is very wrong.

The firs thing you need to do is go to each of the three credit reporting agencies and order a credit report so you can check for your Texas SR 22. Every year you are allowed one free credit report, and after that you will have to pay. The reports don’t cost much. Usually you can get several months of online viewing of your credit report and score from all three credit reporting agencies for just thirty bucks. However, if you have been denied something based on your credit recently, then you migh still be able to get a free credit report.

Once you have your report, look it over and check for mistakes. One out of every ten credit reports has some kind of mistake on it, whether it’s an entire account or just the balance. If you note a mistake, contact your credit reporting agency about it.

If fixing the mistakes on your credit report doesn’t fix your Texas SR 22 insurance quote, then try ordering your CLUE report, which has a history of your Texas SR 22 claims. Check for mistakes here as well, and correct them if you find anything.

Cheers,

Fashun Guadarrama.