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Credit is an important part of your financial picture. Not only does it affect your ability to get loans and purchase a home, but it can also affect your ability to obtain car insurance. Ninety percent of U.S. Insurance companies use credit based insurance scores to determine your eligibility for payment. The credit-based insurance scores also help the insurance company to establish your auto insurance rate. Why should your credit matter to an auto insurance company? Your payment history with lenders and money management skills are used as a prediction of how well you will pay your auto insurance bills. In fact, research analysts have discovered that your credit score can predict your potential for car accidents.