Insurance Score

There are two factors that comprise an insurance score: a person's claim history and credit score.

To research a person's claim history, insurance companies have access to the Comprehensive Loss Underwriting Exchange (CLUE) and the Automated Property Loss Underwriting System (A-PLUS), two property claim databases that manage a history of a consumer's claim filings.

For credit scores, studies have shown that people with poor credit ratings are more likely to file insurance claims. The higher your credit score, it is believed, the lower your chances of filing a claim, and thus the higher your insurance score.

A number is then generated based on these factors that is specific to the insurance industry. Insurance scores range from 200 to 997, with a good score typically being 770 or higher. A poor score is considered anything under 500.