 TITLE: What Is the Difference Between Credit-Based Insurance Scores and Credit Scores? CONTENT: How Are Your Credit Scores Different From Your Insurance Scores?\n----------------------------------------------------------------\nCredit scores and credit-based insurance scores, while often considering the same credit report information, are not designed to do the same things. Credit scores are designed for one purpose: to predict the likelihood that you'll go at least 90 days past due on any credit obligation in the 24 months subsequent to your score being calculated.\nCredit-based insurance scores, on the other hand, are designed to predict whether or not you're likely to file an insurance claim.\nThe insurance company needs to know if the premiums for coverage are likely to exceed the cost of any claims you might file, and by how much. This is referred to as the \"loss ratio\" of an insurance customer.\nA considerable difference between credit scores and credit-based insurance scores are the score ranges and consumer access to credit-based insurance scores. While most credit scores range from 300 to 850, the commonly used LexisNexis Attract insurance scores range from 200 to 997. FICO® credit-based insurance scores range from 100 to 900. Neither the LexisNexis Risk Solutions nor FICO® insurance scores are available to consumers. END