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Regional News

Insurance Rates Lowered for Thousands


A one-year-old credit scoring law has lowered insurance premiums for thousands of Oregonians. The law allows consumers to ask their insurance companies to re-price or "re-rate" their auto or homeowner policy once a year, if the insurer used the consumer's credit history to price the policy when it was originally issued. Insurers must lower the price if the consumer qualifies for a better rate based on their credit history.


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