The price you pay for renters insurance depends on where you live, how much coverage you choose and whether you’ve filed any previous claims. But in most states, your rate is also influenced by your credit history — and it can make a surprisingly big difference. On average, renters insurance rates for people with poor…

Sarah Schlichter writes for NerdWallet. Email: sschlichter@nerdwallet.com.

The article How Poor Credit Could Raise Your Renters Insurance Rates originally appeared on NerdWallet.

Read More