 TITLE: What Is the Difference Between Credit-Based Insurance Scores and Credit Scores? CONTENT: Credit-based insurance scores are designed to predict the likelihood that you'll file an insurance claim. And much like how standard credit scores can affect your borrowing rates, a better credit-based insurance score will likely result in better insurance premiums and rates.\nThere are different types of credit-based insurance scores, just as there are different types of standard credit scores. LexisNexis® Risk Solutions builds credit-based insurance scores, called Attract™ scores. FICO® also creates credit-based insurance scoring models.\nAn insurance company might use credit-based insurance scoring models as one of the many attributes included in its risk-assessment methodology. This practice is completely legal at the federal level, but some states do restrict the practice. END