 TITLE: How Do I Get Homeowners Insurance With Bad Credit? CONTENT: Can You Get Homeowners Insurance With a Bad Credit-Based Insurance Score?\n-------------------------------------------------------------------------\nCredit-based insurance scores are like traditional credit scores, but with a couple of differences in how they weigh certain factors of your credit history. For example, here's how the FICO® Insurance Score compares with the base FICO® Score☉ that you usually see:\nFICO® Insurance Score\nFICO® Score\n**Payment history**\n40%\n35%\n**How much you owe**\n30%\n30%\n**Length of credit history**\n15%\n15%\n**Recent inquiries**\n10%\n10%\n**Credit mix**\n5%\n10%\nInsurers may also use the LexisNexis Attract Score, which considers many of the same factors. Insurance companies calculate these scores based on the information in your credit report. Those with low credit-based insurance scores are statistically more likely to file a claim than someone with a high score.\nThat factor alone won't necessarily result in a denial, though. Instead, it means a policyholder with bad credit will typically pay more for coverage than they would have with a higher credit-based insurance score.\nIf you have a poor credit-based insurance score as well as issues with some of the other factors that insurance companies consider, it is possible you'll have a tough time getting approved. END