I was wondering if getting multiple insurance quotes can significantly lower your FICO score due to inquiries..especially if you have a limited credit history..
NO. They oftentimes check your credit, but it is considered a "soft inquiry" which does not lower your score. It is like a utility company checking your credit.
I’ve found some helpful info here too:
http://carinsurance.enacre.net
Take care.
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No. It’s called a soft hit which means that it does not show up on your credit, nor does it affect your credit.
References :
Insurance Agent
No. Although auto insurers check your credit report, such checking is not considered an application for credit (which can lower scores).
References :
NO. They oftentimes check your credit, but it is considered a "soft inquiry" which does not lower your score. It is like a utility company checking your credit.
I’ve found some helpful info here too:
http://carinsurance.enacre.net
Take care.
References :
I have met the similiar problem before — still a little bit annoy,here http://www.AutoInsuranceFree.info/free-auto-insurance.htm is a good resource that help me out.
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