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Lower credit means higher insurance premiums
CNNDrivers with poor credit could be paying up to twice as much for car insurance compared to those with excellent credit, according to a report from insurancequotes.com.
The company reviewed data from six large insurers from across the U.S. and found that drivers with poor credit pay as much as 91 percent more than drivers with good credit.
Drivers with median credit could pay up to 24 percent more.