Your credit history has a huge impact on what you pay and therefore determines if you find a cheap home insurance quote or expensive ones. Those who have very good ratings pay far less than folks who have poor ratings. A bad credit rating means that you have not been paying your bills promptly. An insurance company takes this to mean that you’re not financially very responsible and will possibly default in paying your rates. This marks you out as a bigger risk and so justifies a higher rate.

So do your utmost to pay all your bills in a timely manner. You will get lower rates if you do.