What's in Your Score

FICO® Insurance Scores are calculated from many different pieces of information in your credit report. This data comes from five general categories as outlined below. The percentages in the chart reflect how important each of the general categories is in determining your score.


Score chart

These percentages are based on the importance of the five categories for the general population. For particular groups—for example, people who have not been using credit long—the importance of these categories may be somewhat different.

  • Previous credit performance (payment history)
    • Account payment information on specific types of accounts (credit cards, retail accounts, installment loans, finance company accounts, mortgage, etc.)
    • Presence of adverse public records (such as bankruptcies), collection items, and/or delinquencies (past due items)
    • Severity of delinquency (how long past due)
    • Amount past due on delinquent accounts or collection items
    • Time since any past due items (delinquency), adverse public records (if any), or collection items (if any)
    • Number of past due items on file
    • Number of accounts paid as agreed
  • Current level of indebtedness (amounts owed)
    • Total amount owed on all accounts
    • Amount owed on different kinds of accounts (for example, amount owed on credit card accounts)
    • Lack of a specific type of balance, in some cases
    • Number of accounts with balances
    • Proportion of credit lines used (proportion of balances to total credit limits on certain types of revolving accounts)
    • Proportion of installment loan amounts still owing (proportion of balance to original loan amount on certain types of installment loans)
  • Length of credit history
    • Age of oldest account
    • Average age of accounts
    • Age of oldest account, by type of account
    • Time since accounts opened
    • Time since accounts opened, by specific type of account
  • New credit/Pursuit of new credit
    • Number of recently opened accounts, and proportion of accounts that are recently opened, by type of account
    • Number of recent "voluntary" credit inquiries (i.e., when a consumer is specifically seeking an extension of credit) [NOTE—FICO® Insurance Score calculations include neither credit inquiries initiated by a consumer nor any insurance inquiries.]
    • Time since recent account opening(s), by type of account
    • Time since any "voluntary" credit inquiries
  • Types of credit used
    • Presence, frequency, and recency of information on various types of accounts (credit cards, retail accounts, installment loans, mortgage, consumer finance accounts, etc.)

Please note that:

Please note that no single piece of credit information or factor alone will determine your score.

  • A score takes into consideration all these categories of information, not just one or two.
  • The importance of any factor depends on the overall information in your credit report.
  • For some people, a given factor may be more important than for someone else with a different credit history. In addition, as the information in your credit report changes, so does the importance of any factor in determining your score. Therefore, it's impossible to say exactly how important any single factor is in determining your score—even the levels of importance shown here are for the general population, and will be different for different credit profiles. What's important is the mix of information, which varies from person to person, and also varies for any one person over time.
  • Your FICO® Insurance Score only looks at information in your credit report. However, insurers look at many things when making an underwriting decision including past claims history, your driving record (for auto insurance), a property inspection (for property insurance), the type of auto/home you are insuring, the value of the auto/home you are insuring.
  • Your score considers both positive and negative information in your credit report.
  • Late payments will lower your score; establishing or re-establishing a good track record of making payments on time will raise your score.