Credit
based auto insurance scoring has been in use to some extent for decades now, and it has been an industry wide practice for at least a full generation.
Credit Karma offers a tool that provides at least one estimate of your insurance score (via Transunion
called auto insurance score) if you're looking for an idea of where you stand.
According to Credit Karma
my auto insurance score is «fair» and my property insurance score is «very good.»
Your auto insurance score differs from your credit score in that it takes into account all of the information that is found in your credit score, plus your past insurance history.
One section allows you to see
your Auto Insurance Score.
Also, there are industry based credit scores such as mortgage credit score,
auto insurance score and bankruptcy prediction scores.
Auto Insurance Score Based on your credit history; similar to how a credit report score works.
Auto insurance companies use
your auto insurance score as an indicator for determining policy prices.
Most auto insurance companies use
an auto insurance score, so keeping your credit in good shape is important.
An insurance score - also called
an auto insurance score, insurance risk score, or credit - based insurance score - is a score based on items in a driver's credit history that helps insurers estimate his or her likelihood of filing a claim.
Auto insurance score: Like a credit score, this score is based on information found in a consumer's credit file.