This has actually nothing to do with your premium payment, it's an underwriting risk factor. Research has shown that people with high credit scores make less insurance claims. People who make less insurance claims pay less for insurance.
In other words, credit score is a proxy for conscientiousness. Some people don't like that so a few states have outlawed using credit score in underwriting. Hawaii and Massachusetts specifically IIRC.
In other words, credit score is a proxy for conscientiousness. Some people don't like that so a few states have outlawed using credit score in underwriting. Hawaii and Massachusetts specifically IIRC.