Consumer Credit Data | Easy Access to Credit-Based Insurance Scores
Through strategic alliances with leading credit information services, Verisk gives you easy access to critical consumer credit data.
Take advantage of the many benefits of credit reports with scores for automobile underwriting. Credit scoring gives you much more than just a basic knowledge of an individual's credit information.
With consumer credit data, you can get:
- a credit report,
- a credit report with a numeric score and reason codes, or
- a credit score report with reason codes
A credit score predicts the expected loss ratio or claim frequency associated with an applicant.
Credit scoring can be an invaluable aid in underwriting for new policies and renewals. By reducing your loss ratio and increasing the efficiency of your decision making, credit scoring can improve your profitability.