{"id":1850,"date":"2023-10-23T15:10:50","date_gmt":"2023-10-23T15:10:50","guid":{"rendered":"https:\/\/businessyield.com\/ins\/?p=1850"},"modified":"2023-10-23T15:40:13","modified_gmt":"2023-10-23T15:40:13","slug":"insurance-score","status":"publish","type":"post","link":"https:\/\/businessyield.com\/ins\/business-insurance\/insurance-score\/","title":{"rendered":"INSURANCE SCORE: What Is It, Purpose & How to Check"},"content":{"rendered":"

Your premium is determined by a variety of factors used by insurance companies. Your carrier may consider your age, gender, ZIP code, and credit-based insurance score to determine your rate in most places, though these variables may differ depending on the state in which you reside. <\/p>

In this article, we\u2019ll go over how it works and what constitutes a good insurance score.<\/p>

What is an Insurance Score?<\/span><\/h2>

An insurance score, often referred to as an insurance credit score, is a rating that insurance companies compute and use to show the likelihood that a person will file an insurance claim while they are covered. It is based on the person’s credit rating and will have an impact on the premiums they must pay for the insurance.<\/p>

Note that:<\/p>