Home About Us Map Contact Us Home Home About Us Locations Contact Us FAQ's Links Espanol

Many auto insurance and home insurance companies use insurance credit scoring to decide if they'll write a policy and how much to charge. Texas law allows insurance credit scoring under certain circumstances.

Senate Bill 14 (78th Texas Legislature, Regular Session, 2003) made provisions for the use of credit information by the insurance industry but mandated that the Texas Insurance Commissioner regulate its use. In November 2003, the Texas Department of Insurance adopted initial rules regarding the use of credit information by insurers in Texas. These rules, along with the statutory provisions in SB 14, are among the strongest in the country regulating the use of credit information.

For more information about how credit insurance scoring may be used and what insurance companies use credit insurance scoring, follow this link to the Texas Department of Insurance web page,
Texas Dept. of Insurance - Credit Scoring & Insurance .

Hemphill Insurance Agency writes auto insurance and home insurance in Fort Worth  and North Texas. We have policies and rates available through insurance comapnies which use credit scoring and policies and rates through insurance companies which do not use credit scoring.  We search through dozens of insurance programs to find you the best rate for the coverage you need.  For more information or to get a quote, call us at (817) 923-2001.

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version

Royal Lane Enterprises, Inc. dba Hemphill Insurance Agency
Texas Department of Insurance Agent License #7191