When a Montreal home insurance company gives you a quote, they’ll ask for your consent to perform soft credit verification. It has no effect on your score itself.
The reason companies perform a credit check is because based on statistics, consumers with good credit scores tend to claim less than consumers with below average scores. The less likely you are to claim, the lower your homeowners insurance will cost – and vice-versa. You can choose to refuse the soft credit check, but be prepared to be underwhelmed by the home insurance quote you receive.