No. A “soft pull” credit inquiry is used by insurance companies and will show up on your credit report but won’t affect your credit rating.
However, if you frequently apply for credit, lenders may conduct hard inquiries that can affect your credit score.
Is it possible to get a quote for auto insurance without owning a car?
Yes. In fact, it makes financial sense to get estimates on a car before you buy it.
When one owns a car, insurance is one of the biggest costs. The cost of insurance can rise if a vehicle of a certain make or model has safety issues or a high rate of theft.
The Bottom Line Comparing auto insurance quotes is a crucial component of selecting the insurance provider that can provide the most effective and cost-effective protection for your vehicle.
Beyond just the price, comprehensive quotes let you compare coverages, discounts, and optional protections.
Before purchasing a new policy, you should always request quotes from multiple providers, whether you are purchasing a brand-new vehicle or negotiating a lower premium for a vehicle you already own.
