Credit scores can influence your insurance rates.
MARQUETTE -- Your credit standing impacts your life in more ways than you think. One area it's influencing is in your auto insurance.
The worse you score on your credit rating, the more you'll pay for insurance.
According to Kara Applekamp and State Farm, studies have found your credit standing helps determine your risk level.
"I don't see that credit score, like you think of when you're buying a home or automotive, it's more of an insurance score and what makes up that insurance score to determine your rate are credit characteristics, how you use the vehicle, the coverage you choose, the type of vehicle and it's safety features, all those things make up your rate," said State Farm Agent Kara Applekamp.
Even how far you travel to work determines how much you'll pay for car insurance.
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