Insurance Rates and Credit Scores

This is a guest post from Eric Kossian of Leavenworth Insurance

 What do Insurance Rates and Credit Scores have in common?

Your good credit score can save you up to 50% off home insurance!

I know a lot of people don't like this (the ones with bad credit) and I agree that it is not fair for those otherwise credit upstanding citizens who, due to no fault of their own, had a divorce or family medical situation that ruined their credit. Nevertheless, the truth is, from an actuarial standpoint, people with excellent to good credit can get huge discounts on home, auto and excess liability insurance because they are statistically much less likely to have a claim (and that's what insurance companies are ultimately concerned about - not your driving record, etc)
So, if you have excellent to good credit I suggest you shop your insurance because while almost all preferred companies now give discounts for good credit, the amount of the discount varies widely. I literally had a customer with very good (not excellent or just good) that sold his home to a friend and retained the mortgage. The friend had terrible credit due to the wife's medical problems. The price of the insurance on the same exact home went from $400's to $970!!!
If you have poor credit then do whatever you can to improve your credit score! You can get a FREE credit report annually (by law) by going to

And you can stop getting credit card mail (that tempted you to rack up bills you couldn't pay by calling 888-568-8688. While you are at it you can get on the national DO NOT CALL LIST to stop telemarketers from calling both land lines and cell phones - you have to dial this number from each phone! - 888-382-1222 and repeat this every 5 years or every time you get a new number.

By the way, it is only for residential numbers; business numbers are exempt. Clean up your credit report by paying old bills off or calling the creditor to set up payments or negotiate a reduction, pay ALL your bills within 30 days (the people with the lowest credit scores pay all bills as soon as they arrive in the mail - you want good credit? - do what they do - that way you are never late.)

Then shop your insurance. For that matter, you may save money by shopping your insurance now while your credit is poor too. If you have no idea how to get your finances in order, get the book, Your Money Or Your Life - it's a classic and it's the best (and you don't set up a budget!!!). It will tell you exactly how to go from wherever you are at to getting on the road to financial independence (say that 3 times slowly - doesn't' that have a nice sound to it?) Good work! (there is no luck involved - you can do it!)
You can reach Eric Kossian at Leavenworth Insurance at 509-548-5488 or


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Allyson and Geordie Romer

Leavenworth real estate agents - Allyson and Geordie Romer

For over a decade, Allyson and Geordie have been serving clients in the Leavenworth-area real estate market. Together, they work tirelessly to stay on top of the regional market and present the most relevant opportunities to their clientele.

When not in the office, they can be found exploring the endless recreation opportunities of the area in all of its seasons.




Geordie provided excellent real estate representation! We appreciated his detailed knowledge of the market, his up front and honest approach, and his negotiation skills.
As reviewed on Zillow  – 

- Laura Anderson



As “west siders” looking for a getaway near Leavenworth, Geordie provided insight … his knowledge of design features important in a “snowy winter wonderland” was appreciated. Thanks Geordie!
As reviewed on Zillow  –

- Jean Stern



Geordie made this somewhat complicated transition easier for us…going above and beyond to help us work through issues that came up during the sale of our parents home. We appreciated his knowledge, attentiveness to details and his willing spirit.
Our family is grateful for Geordie!
As reviewed on Zillow  – 

- Terry Foster



Geordie was great in every way. We have been looking in the Leavenworth area for some time, and Geordie was absolutely the best for local knowledge, history and depth on neighborhoods, developments and the local market trends. He was very quick to respond (even when he was on his vacation) and worked very diligently to get all of our questions answered in a very timely fashion. We would recommend him highly to anyone looking to buy or sell a home. Very friendly, and helped us navigate all of the local options before we made an offer on the property that we purchased. Thank you, Geordie!

As reviewed on Zillow  – 

- Ryan Olsen



It was such a pleasure to work with Geordie and his wife, Allyson on our cabin purchase. They showed us a variety of locations, listened to what we wanted and helped us find the perfect match. Everything was smooth and not stressful, just relaxed and easy. We would definitely recommend Geordie and use him again if the need arises!

As reviewed on Zillow  – 

- Cammie Schlosser


Moving to Leavenworth?

Are you looking for a cabin or a condo in Leavenworth that your family can use as a home base when climbing, skiing or hiking around Leavenworth or Lake Wenatchee?

Maybe you rent a house here and have decided to stay, surprised how a summer of rafting somehow turned into seven years.

Maybe it’s time to escape the hustle of the big city (and its rain) and move to Leavenworth with its four seasons.

Maybe you bought a condo years ago, don’t seem to use as much, and it’s time to sell.

Whatever your motivation, we are here to help. If you are buying a home, the best place to start is with our Homebuyer’s Guide to Leavenworth.