Home Insurance shopping

[fliphusker]

This is going to be a bit of a 3 part secenario. 

Currently have my home insured through some rinky dink insurance company, and want to get some quotes from other insurance companies.  I know that they will do hard pulls on my credit report to get a background on me.  Probably only going to go with 2 quotes.

I also want to try and up my current credit card limits, Discover and just was upgraded on Cap One Quicksilver.  In the 3 years I have had them never asked for an increase as I pay my bill off every month.  They may or may not do a hard pull on my credit, just depends on what they are looking for I guess.

3rd part of this I also really want to take advantage of the rewards that Citi Double Cash Card has while taking advantage of 3% cash back at grocery stores from Blue Cash everyday from AmEx.

Got my free credit reports today just to double check things, even though i trust credit karma, and nothing new.  Just an old collection from 2010, that was paid.  Credit Karma puts me at 720.  Fico score from Discover puts me at 685, and Cap 1 puts me at 693. 

When I start my shopping around and applying, is there a certain order I should do? 

Would hitting apply online at about the same time not show my credit pulls?

I know credit card companies are picky about credit scores but getting a better insurance rate be effected by 2 or 3 hard pulls at same time as applying? 

If I go to insurance companies last, would my credit score drop in that hour after my credit applications?

Would a credit card company care about hard pulls from insurance companies?

I paid my house off last year, would it be better for me to apply for credit increses and cards over the phone and make sure they know I do not ahve that as a payment?

I have worked very hard over the past 8 years to bring my credit score up from 490, just do nto want to mess things up, especially after fending off Direct TV and my credit reports for the last 6 years.

Thanks you in advance. 

[RobertEG]

If a creditor pulls your credit report to evaluate a CLI, there is no difference in credit report info they receive based on whether their pull is coded as hard or soft.

They receive your full credit report.

The difference in coding is based upon whether or not YOU have requested the CLI, or the creditor is evaluating grant of a CLI on their own initiative.

Hard pulls are related to consumer-inititated requests for credit or insurance.

Soft pulls would apply to internal account reviews initiated by the creditor (or insuror).

The order in which you would initiate the requrets for either credit or insurance would depend upon the relative degree of importance and effect on their determiantions that a slightly reduced score might have based on other prior hard inquiries.  I would most likely do the insurance requests first, as I would assume their use would be primarily for rates as opposed to grant of insurance, unless you have info to the contrary.

[fliphusker]

You are right about the hard and soft pull, just was not really thinking I guess.

The insurance would be my most pressing want/need.  Hoping to save a few bucks and feel better protected.

The number of accounts I have (10), average age of accounts (4 years) and the amount of available credit are 3 things that put a drag on my credit.  Was a late comer to the credit market as listened to my grandfather who was an old school farmer who always said, "if you do not have cash for it, you do not need it."  Different and simpler times.

[Whitebird]

I can only comment on your home insurance.  I have been through both home and car insurance quotes for quite a few years and I have NEVER had anything other than a soft inquiry on my credit report for this.  It's the same kind of pull potential employers sometimes use.  Both are soft inquiries.  Most companies in my experience use the Lexis Nexis Attract Insurance Score (based on Equifax data)  Insurance scores use data found in your credit report but they are not identical and weigh factors in a different manner. 

https://personalreports.lexisnexis.com/lexisnexis_attract_score.jsp

[fliphusker]

UPDATE

Was rejected by Blue Cash Preferred AMEX and US Bank Visa signature care.  Bummed out by the visa one especially.  Doubled my credit increase, 1-2k from Discover.  Figure I got rejected fro CLI from Cap One Quicksilver as no automatic increase right away.  Took a Chase freedom offer and accepted as like the timing of 2 of their catogories. 

As far as the insurance goes today was very positive, as got a very solid quote from a lady at Amica.  Their highest score was 997 and mine was 978.  So was definitely the high point of my day.

Another question I have as can not remember what thread I read here, but they were saying do not talk to just customer service when calling back about getting rejected by a credit card company, but talk to a certain part of them.  Can someone tell me what that part is?