What is an insurance score?

An insurance score is determined by reviewing a consumer's credit history. A carefully developed and tested computer model performs the analysis. Goodville is using a model developed by ChoicePoint.

How is my credit based insurance score developed?

There are many factors that are reviewed including:

	Amount of outstanding debt
	Late payments, collections, bankruptcies
	Length of credit history – how long accounts have been established
	Type of credit – credit cards, home or car loans
	Availability of credit – are you "max-ed out" or are you well within your limits?
	New applications for credit

What is not included in my score?

	Gender
	Marital status
	Age
	Nationality or ethnic group
	Address
	Income
	Religion
	Any factors prohibited by law

Is my insurance score different from a credit score?

Yes – insurance scores are different from your credit score. Both scores use computer models to analyze data from your credit history. However, the credit score is used by banks and financial institutions to determine eligibility for and interest rates for car loans, mortgages and credit cards.

Insurance scores analyze certain characteristics of your credit history as a predictor of losses. Your score will help us to determine the best price available for your policy.

Since these scores are designed to measure different outcomes, they may show different results. A file that reveals a strong financial credit score may not always show an equally strong insurance score and vice versa.