PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Do home insurance companies check your credit?
We’re buying our first home, so we’re starting to look at mortgage and home insurance companies. Just so I’m aware—do home insurance companies check your credit? I hope my outstanding student loan debt doesn’t affect my score…
Bellina Gaskey · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congratulations on buying your first home!
Yes, most insurance companies will check your credit, but they are interested in what’s called a credit-based insurance score rather than your raw credit score.
A credit-based insurance (or CBI) score incorporates your credit score to determine your risk of filing an insurance claim. This is different from the credit score lenders like your mortgage institution will check, which indicates your likelihood of paying back debt on time.
To calculate your CBI score, insurance companies will conduct a soft inquiry on your credit, which won’t lower your score but will stay on your credit record for a year or so.
The better your CBI score, the lower your premiums may be. Of course, your home insurance premium will also depend on your zip code, the size and value of your house, and other personal factors like employment type and marital status.
We all have questions about insurance. If you’re looking for more information (or a better policy) about your
home
or auto insurance
, look no further than Jerry
.A licensed broker and top-rated shopping app, Jerry makes it easy as pie to compare competitive quotes, register for a new policy, and cancel an existing one. Jerry’s friendly team of knowledgeable agents is available to answer questions by phone or text.
View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance for Your Car
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
