
Question regarding credit reporting influence on insurance rates
I have Homeaite Ins. Co. Of the Midwest, in Waterford MI. I am reviewing my policy and in it under Consumer report information it shows Trans Union. Corp. showing we have 3 bank installment accounts. It also showed this for last years policy as well. See photo. BUT… we have had zero installment loans aka mortgages for YEARS. We had a refi in 2004, and another in 2010 Both have been paid off and closed. One property has been sold. We just opened a heloc last month. I signed up for free TUC reports which show no mortgage type accounts, only our credit cards. Can someone please explain this and if I’ve been being overcharged for my insurance? Thanks!