A lower credit score not only makes it hard to qualify for a loan: Some home owners are finding that after moving in, bad 
credit can make the costs of homeowners insurance higher. Home owners who have poor credit pay 91 percent more for homeowners insurance than those who have stellar credit. Home owners with a fair or median credit score may pay 29 percent more for homeowners insurance than someone with stellar credit, according to the report. How insurance companies weigh a person's credit score can vary greatly from company to company and even state to state, watch the video and see the chart for your state.
credit can make the costs of homeowners insurance higher. Home owners who have poor credit pay 91 percent more for homeowners insurance than those who have stellar credit. Home owners with a fair or median credit score may pay 29 percent more for homeowners insurance than someone with stellar credit, according to the report. How insurance companies weigh a person's credit score can vary greatly from company to company and even state to state, watch the video and see the chart for your state.
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