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Chapter 9. Insurance and Your Credit Score > What Goes into an Insurance Score

What Goes into an Insurance Score

It's hard to be definitive about what does and doesn't affect your insurance score. Many big insurers have their own credit-based scoring models, and they're not talking much about how those work. Fair Isaac is talking some, but its formula doesn't dominate the insurance scoring world the way its credit score does the lending world.

But some information is better than nothing, and Fair Isaac is willing to share some of the details of what goes into its insurance scoring model. The factors used are similar to the ones considered with credit scoring, although their weight can vary:


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