Equifax

Finance Blog

Stay financially savvy with the Equifax Advisor.

Sign up for our FREE Monthly Email Newsletter

 

Thank you for signing up for the FREE Equifax monthly newsletter

In addition to keeping in the financial know, you may be interested in checking your credit score and report.

Understand your credit. Help protect your identity.

Equifax Complete™ Premier Plan

  • Know What May Influence Your Credit Score and Be Alerted of Changes
    Credit score monitoring with custom alerts
    Important Disclosure: The Equifax credit score and 3-Bureau credit scores are based on an Equifax credit score model and are not the same scores used by 3rd parties to assess your creditworthiness.¹
  • Help Protect Your Identity
    Automatic fraud alerts encourages lenders to take extra steps to verify your identity²
  • Lock Your Credit
    The ability to lock and unlock your Equifax Credit Report³
Save 75% your first 30 days with the purchase of Equifax Complete™ Premier

$4.95 for the first 30 days, then $19.95 per month thereafter. You may cancel at any time; however, we do not provide partial month refunds.4

¹The credit scores provided under the offers described here use the Equifax Credit Score, which is a proprietary credit model developed by Equifax. The Equifax Credit Score and 3-Bureau scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. The Equifax Credit Score is intended for your own educational use. It is also commercially available to third parties along with numerous other credit scores and models in the marketplace. Please keep in mind third parties are likely to use a different score when evaluating your creditworthiness. Also, third parties will take into consideration items other than your credit score or information found in your credit file, such as your income.

²The Automatic Fraud Alert feature is made available to consumers by Equifax Information Services LLC and fulfilled on its behalf by Equifax Consumer Services LLC.

³Equifax Credit Report Control™ is only available while you have a current subscription to Equifax Complete Premier. Locking your credit file with Equifax Credit Report Control will prevent access to your Equifax credit file by certain third parties, such as credit grantors or other companies and agencies. Credit Report Control will not prevent access to your credit file at any other credit reporting agency, and will not prevent access to your Equifax credit file by companies like Equifax Personal Solutions which provide you with access to your credit report or credit score or monitor your credit file; Federal, state and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection and prevention purposes; and companies that wish to make pre-approved offers of credit or insurance to you. To opt out of such pre-approved offers, visit www.optoutprescreen.com/.

4We will require you to provide your payment information when you sign up and we will immediately charge your card $4.95. After that, we will charge the card $19.95 for each month you continue your subscription. You may cancel at any time; however, we do not provide partial month refunds.

Equifax® is a registered trademark and Equifax Complete™ Premier is a trademark of Equifax, Inc. © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.

Insurance Discounts Available for Consumers Who Go Green

Written by Loretta Worters on August 29, 2013 in Insurance  |   No comments

The green movement is everywhere. From recycling to reducing our reliance on oil-based energy sources, Americans are doing more and more to help protect the environment, and that’s good news for our planet. It’s also good news for consumers because going green can result in…

insurance discount, insurance policyThe green movement is everywhere. From recycling to reducing our reliance on oil-based energy sources, Americans are doing more and more to help protect the environment, and that’s good news for our planet. It’s also good news for consumers because going green can result in a number of insurance discounts.

Green building insurance products are rapidly gaining traction in the marketplace. In 2006, Fireman’s Fund Insurance Company offered the first insurance policy for green commercial buildings. By 2010, more than 20 companies offered insurance products related to green building.

Whether you are a homeowner considering environmentally friendly updates to your property or a business owner committed to going green, it’s important to understand how these modifications will be covered under your insurance policy. Below is a breakdown of some of the innovative, eco-friendly products, services, and discounts offered by many insurers for vehicle and home policies.

Vehicles

If you’re an eco-friendly driver, you may be able to take advantage of a number of insurance discounts, including:

Hybrid discounts. Some auto insurance companies offer premium discounts of up to 10 percent to those who drive hybrid vehicles. A similar discount may also apply to hybrid-electric boats and yachts. Some auto policies have the option of adding an endorsement to upgrade to a similar model hybrid vehicle after a total loss.

Alternative fuel discounts. If your car uses an alternative energy source, such as biodiesel, electricity, natural gas, hydrogen, or ethanol, you could be eligible for a discount on your premium.

Pay as you drive (PAYD) programs. Several insurers offer PAYD programs, in which a device or sensor in the car tracks both speed and miles driven. That information is then used to reward policyholders who drive fewer miles than the average driver by providing them with discounts. According to some estimates, PAYD subscribers may decrease their miles driven by 10 percent or more, saving consumers money while reducing accidents, congestion, and air pollution.

Homes

insurance discount, insurance policyUsing green energy and building materials can initially cost more than using more traditional methods. However, insurers are now offering some perks to encourage green building, including:

Premium discounts for those whose homes meet stringent efficiency and sustainability standards, e.g., LEED certified homes. LEED is short for the Leadership in Energy and Environmental Design Green Building Rating System, which was developed by the U.S. Green Building Council. It is a recognized environmental standard in the building world.

Policies that take into account the cost of environmentally friendly materials and that will cover their replacement or repair with equally sustainable materials. Homeowners coverage that replaces/rebuilds after a loss with more eco-friendly materials is often offered as an endorsement to a standard homeowners policy.

Incentives for saving energy. Some companies will pay homeowners extra if they replace old kilowatt-hungry appliances with Energy Star devices—which are considered energy efficient by the U.S. Environmental Protection Agency and the Department of Energy—and recycle debris instead of sending destroyed materials straight to a landfill.

Coverage for geothermal, solar, and wind power. For homeowners who generate their own geothermal, solar, or wind power and sell any surplus energy back to the local power grid, there are now policies that cover both the income lost when there is a power outage caused by a covered peril and the extra expense to the homeowner of temporarily buying electricity from another source. Policies generally cover the cost of getting back online, such as utility charges for inspection and reconnection.

Many insurers also offer paperless transactions. Sure, it saves insurers money, but what consumers may not realize is that it also saves them money. In addition to using fewer stamps, envelopes, and paper checks, insurers are able to save on mailings—and the savings get passed on to the consumer. Using fewer resources is the best way to help sustain our world. And that’s what it’s all about, isn’t it?

Loretta Worters is vice president with the Insurance Information Institute, a non-profit organization whose mission is to improve public understanding of insurance—what it is and how it works. Follow her on Twitter @LWorters.

No comments yet


Leave a Comment


Name :


Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.


Insurance Archive