Yes, Liberty Mutual uses your credit score as a factor in determining your auto insurance rates, as do most major insurers. However, credit checks performed by auto insurers don't harm your credit rating and are only done in states where it's legal for your credit rating to affect your rates. Liberty Mutual can check your personal insurance rating as part of the quote process. This score is based in part on your credit rating.
Checking your personal insurance rating is considered a gentle inquiry that won't affect your credit rating. Liberty Mutual offers a wide variety of discounts that can help lower your overall car insurance bill. There are a number of car insurance qualifying factors that insurance companies can use when calculating their premium. Finally, if you're still struggling to pay for your Liberty Mutual policy, you should consider switching to another insurer.
This study revealed that Geico, State Farm, Progressive, Travelers and Nationwide are among some of the best auto insurance companies in Arizona in a variety of scenarios. Car insurance companies mainly take into account aspects such as your age, driving history, and the make and model of your car. However, we know that while it's important, cheap premiums probably aren't the only consideration when buying new car insurance. Let's take a deeper look at Liberty Mutual and its insurance products to help you determine if this auto insurer would be a good fit.
Many auto insurers use credit data to determine their premiums because there is a proven correlation between a lower credit score and a greater likelihood of filing a car insurance claim. Liberty Mutual doesn't have a single “safe driver” discount, but it rewards safe driving with a number of benefits. All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer. Opting for a higher deductible on any of your Liberty Mutual insurance policies can lower your premium.
If you're already a customer, you can also use the messaging feature in the Liberty Mutual app or on the website once you're logged in. Keep in mind that your credit score isn't the only factor used to determine your car insurance rates. Finding out how to get auto insurance quotes from Liberty Mutual is simple once you have the information you need. Expensive cars, sports cars and cars with high theft rates are considered to be riskier to insure than cheaper and more practical vehicles.
As a result, people without credit pay about 67% more for car insurance than people with excellent credit, on average.