As a result of the Equifax data security breach that has affected nearly 150 million people, some consumers are placing credit freezes on file with credit agencies in order to minimize the risk of identity theft. When a person places a freeze on his or her credit file, the credit agency is prohibited from releasing the file in most instances.
Fortunately, the exception to this prohibition is the underwriting and rating of insurance. Because insurance score orders are not considered "hard" credit inquiries, Central is able to obtain scores even in instances where a credit freeze has been placed. This means it will not be necessary to lift a credit freeze in order for us to rate a policy or provide a quote.*
*In Connecticut and New York, freezes are not automatically lifted, and we are unable to obtain an insurance score if a credit freeze is in place.Back