How a Bad Credit Score Can Cost You Thousands in Home Insurance
May 07, 2017, 12:03 PM
Poor credit doesn't just affect what you'll pay on your mortgage. It can cost you thousands of dollars in higher home insurance costs too, according to a new study.
In fact, homeowners with "poor," or below-average, credit scores have to pay 114% more in premiums than someone with "excellent" credit.
In some states, that gap can be much wider.