Quote:
Originally Posted by gomoho
So I am just curious for those of you who have no credit cards and pay cash for everything - when you apply for insurance they pull your credit score to determine your risk factor - if you don't have credit, you don't have a credit score - so what do they use?
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That's a good question. I've been with the same insurance companies for a long time so I don't remember anything unusual happening when I first signed up. I think it was the telephone or electric company that required a letter of reference from the previous company. But there wasn't anything difficult about it. I think in one case I gave a deposit and it was returned after a year or two.