insurance risk score
A measure developed by insurers based on credit information obtained from
the three major U.S. credit bureaus and used as an underwriting tool. Such information
includes payment history, number of accounts open, and bankruptcy filings but
has nothing to do with a consumer's assets. Insurers base their use of this
measure on the theory that people who manage their money well tend to take better
care of their homes and to drive more responsibly.
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