LexisNexis® Attract™ Auto Insurance Score - Sample Report
|Date Ordered: 01 / 13 / 2010||Expires On: 06/12/2010|
LexisNexis® Attract™ Auto Insurance Score
|Reference #:||10413101307321||Date of Order:||01 / 13 / 2010|
|Account:||501735 LEXISNEXIS||Date of Receipt:||01 / 13 / 2010|
- Your score of 698 is based upon your Equifax Credit Report as of 01 / 13 / 2010
- Scores range between under 500 and 997.
- Higher scores are considered better scores. If an insurance company evaluated you solely on your insurance score, you would be considered a AVERAGE risk.
WHAT YOUR SCORE MEANS
Your score of 698 places you in the 49% percentile of consumers throughout the nation. If an insurance company evaluated you solely on your insurance score, you would be considered a AVERAGE risk. Because insurance companies use your insurance score with other underwriting guidelines (i.e. motor vehicle records, claims loss history), your risk level could change. For example, if you are considered a good risk but have a poor driving record and claims history, your ranking could be lowered.
It is important to know your insurance score because it is a determining factor in your auto insurance. It is important to understand how your score is determined so you can improve your score over time.
Graph shows the percentage of consumers who would receive a lower insurance score than yours. The maximum insurance score is 997.
FACTORS AFFECTING YOUR SCORE
Your LexisNexis® Attract Auto Insurance Score is based on the information on your Equifax® credit history. Knowing your insurance score and understanding the key factors affecting your score is important. The key factors will help you understand how you can improve or maintain your insurance score over time.
The key factors in influencing your score are:
|0155||% OF OPEN OIL COMPANY ACCOUNTS TO TOTAL OPEN ACCOUNTS ...more info|
|0137||# OF RETAIL ACCOUNTS ESTABLISHED ...more info|
HOW INSURANCE SCORES ARE USED
Insurance companies use financial history along with other factors to properly classify you according to your potential risk. Studies have shown a correlation between a consumer's financial history and his/her future insurance loss potential. Thus, insurance companies believe the use of credit helps to underwrite an applicant at a cost that reflects their specific risk.
Each insurer develops underwriting decisions based on their own business requirements. Insurance companies evaluate credit reports and/or insurance scores according to their own proprietary strategies. Other information is frequently used to underwrite your insurance and determine your premiums, such as:
- Application data
- Prior loss data
- Motor vehicle records
Your score of 698 places you in the AVERAGE risk category.
The LexisNexis® Attract Insurance Score that you have received was generated using LexisNexis' proprietary model. The score used by your insurance company may differ if it is generated using a different scoring model.
Credit Report From Equifax
|Name:||JOHN W DOE|
|Date of Birth:||01 / XX / 19XX|
ALPHARETTA, GA 30004-0000
MONTGOMERY, AL 36117-0000
MONTGOMERY, AL 36111-0000
|Employer||Employment Date||Verified Date|
|SIEMENS ENERGY & AUTOMATION||N/A||N/A|
|COMPUTER SCIENCES CORP||N/A||N/A|
|Type of Record:||JUDGMENT||Court #:||100752||Status:||SATISFIED|
|Date Filed:||12/1998||Case #:||121999||Amount:||$22,450|
|Date Resolved:||12/1999||Plaintiff:||Bubblegum, Inc|
|Date Reported:||12 / 2009||Status:||UNPAID|
|Date Assigned:||10 / 2009||Status Date:||12 / 2009|
|Original Amount:||$342||Last Activity:||02 / 2009|
|Balance Amount:||$342||Type:||SUBJECT (INDIVIDUAL)|
|Balance Date:||12 / 2009||Agency ID:||464YA00286|
|Credit Grantor:||AT T|
|Creditor:||HSBC BANK||Account #:||N/A||Status:||PAYS ACCOUNT AS AGREED|
|Date Opened:||11 / 2002||Type:||REVOLVING||High Credit:||$15,500|
|Date Reported:||12 / 2009||Responsibility:||SUBJECT (INDIVIDUAL)||Balance:||$5,876|
|Last Activity:||12 / 2009||Terms/Payment:||N/A||Past Due:||$0|
|Payment History:||d 30 days past due 00 times, 60 days past due 00 times, 90+ days past due 00 times|
|CREDIT CARD AMOUNT IN H/C COLUMN IS CREDIT LIMIT|
|Creditor:||THD/CBSD||Account #:||N/A||Status:||PAYS ACCOUNT AS AGREED|
|Date Opened:||10 / 1999||Type:||REVOLVING||High Credit:||$5,700|
|Date Reported:||12 / 2009||Responsibility:||SUBJECT (INDIVIDUAL)||Balance:||$0|
|Last Activity:||09 / 2006||Terms/Payment:||N/A||Past Due:||$0|
|Payment History:||30 days past due 00 times, 60 days past due 00 times, 90+ days past due 00 times|
|ACCOUNT CLOSED AT CONSUMERS REQUEST CLOSED OR PAID ACCOUNT/ZERO BALANCE|
|LANDSAFE:||06 / 01 / 2009|
|SCOTTRADE:||02 / 20 / 2009|
|AT&T SRVS:||02 / 19 / 2008|
|Date Filed:||12/1996||Purge Date:||12/2003|