Insurance companies and institutes have conducted studies that they believe prove that credit history can predict the likelihood of an individual being involved in an accident or filing a claim. Insurers also consider your consumer and insurance credit history to determine how well you pay your bills and how often you make changes to your policy or switch companies.

Several of my customers have had claims involving unknown drivers this past week. In one case, someone rear-ended my customer at a stoplight.  When they agreed to move the cars off the road, as is the law, the other operator drove away without exchanging information.  In the second case, my customer came out of his friend’s house to discover a note on his car that read, ‘Sorry I hit your car.’ The message included a contact telephone number. No one has ever answered that phone.