Will requesting a quote affect my credit score?
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Your credit score stays exactly where it was before you requested a quote. There is no hard credit pull anywhere in the quote process, so you can price a policy as often as you like without leaving a mark.
What we use instead is an insurance score, also known as an insurance credit score, which is based on your FICO score. The one thing to know is that your insurance score does affect the premium, so a stronger score generally supports a better price. We go deeper on the reasoning for why your FICO score is used to determine the premium.
What Is an Insurance Score?
An insurance score is a rating built from your FICO rating that helps predict future loss activity, and it is a standard underwriting tool used across auto, home, and recreational sports insurance. Bicycle insurance applies the same approach. The distinction is worth knowing: it reads your credit rating (FICO) without triggering the hard inquiry that a loan or credit card application would.
How Does My Insurance Score Affect What I Pay?
Your individual rating is one of the inputs that sets the premium for your coverage, alongside the bike value you insure, the policy deductible, the region where you ride, and any optional coverage you select. Each of those factors is visible to you when you run a quote, and you can see the full list in how the premium is calculated.
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