Does Auto Insurance Affect Your Credit? 
The health of your credit score may impact the premium rates you pay for car insurance , but having automotive coverage does not directly affect your credit . Many auto companies use credit scores to determine how to price your policy . While they may look at data contributed by banks and other lenders , these insurance companies do not report any data themselves to credit bureaus . However if you have an accident while uninsured , the consequences may impact your ability to repay any outstanding loans . Being late on these loans would certainly affect your credit . 