The government plays many roles in big business today—-whether you agree with it or not.  The government likes to get involved.  From a consumer viewpoint the government intervention is often welcomed.  From a business perspective government is often looked at as a hindrance. 

Throughout the years many acts of legislation have been passed with the goal of providing consumer protection.  One such act is called the Fair Credit Reporting Act (1970).  The Fair Credit Reporting Act of 1970 affects your Az auto insurance rights. 

The fair credit reporting act of 1970 is a consumer protection bill that requires fair and accurate reporting of information about consumers.  That includes applicants for az auto insurance.  Insurance companies are required to inform applicants if any investigations are being made.  If a consumer is denied coverage or charged a higher rate, the auto insurance company must provide the name of the reporting agency conducting the investigation.

In this situation the proposed insured has the right to contact the applicable reporting agency in order to view their personal file.   It is quite typical for insurance companies to pull the consumer report of anyone requesting an auto insurance quote.   They will use this information as part of the process of calculating your auto insurance premium. 

Many people may wonder why insurance companies would need to look into things like credit history when providing an insurance quote.  In recent years this has become a rather heated topic.  Individuals with a low credit score or a history of late payments, delinquencies, or a bankruptcy will end up paying more for their insurance coverage.  You may find yourself asking why your credit score has anything to do with your az auto insurance premium.  Truth be told there have been many independent studies done to explore this topic and the results have been consistently surprising.  These independent studies have found that individuals with a poor credit history have a significantly higher rate of insurance claims, ultimately costing the insurance companies more money.