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Many insurers utilize credit scores when determining the auto insurance rate a customer will pay. The reason is that often, there is a direct correlation and relationship with bad credit and higher incidence of accidents.
Although the discount or surcharge may not be large, it is till worthwhile to be aware of your current credit rating and take steps to monitor and improve it.
The same factors that influence good credit often come into play with driving. People who are very responsible with their managing of money, are often very responsible with their driving. This is not to say that there are not exceptions to the rule, but that is the case with every insurance rating factor. The direct correlation of less accidents and better credit make it a valid underwriting consideration. Most states will not let an insurance company cancel you purely based on your credit, but they might have tougher rules if your credit is bad.
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Although the discount or surcharge may not be large, it is till worthwhile to be aware of your current credit rating and take steps to monitor and improve it.