“Credit scoring” is a very common practice among the major insurance companies. There is a common belief that a person’s credit rating has a direct relationship to the type of customer they will be. If they are frequently delinquent on payments and neglect their financial obligations, they may also be a neglectful driver, or neglect to pay their insurance bill (which is what the insurance companies care about). To reduce your insurance premium make sure that your credit rating is as high as you can make it. Be sure to check your credit report frequently to check for fraudulent or inaccurate items. The credit bureaus allow you to request to have an item to be removed online with very little effort.