Auto Insurance:What Is an Auto Insurance Score?
What Is an Auto Insurance Score? If you’ve taken money expert Clark Howard’s advice and signed up with Credit Karma to monitor your credit, maybe you’ve seen the auto insurance score that they provide in addition to credit score information. So what is an auto insurance score? We went directly to Credit Karma to get some answers… Car Insurance Answered: Your Questions Answered What Is a car Insurance Score? First of all, Credit Karma provides much of the information you need to know about auto insurance scores on their site, where they explain that: Auto insurance scores are 3-digit scores calculated using information from your credit report that are designed to predict the likelihood that you will file an insurance claim These scores are not the same as credit scores and don’t factor in your driving record Insurance companies in most states can use your score — in conjunction with your driving record and other factors — to help set your premium California, Hawai...