NAIC: Credit-Based Insurance Score Is Not the Same As a Credit Score
In most states, insurers can use your credit-based insurance score to determine your premiums. Your credit-based insurance score is not the same as your regular credit score. The National Association of Insurance Commissioners (NAIC) has published an article explaining the difference.
According to FICO, a data and analytics company that measures credit risks, many insurers use credit-based insurance scores in states where it is legally allowed.