What is an insurance score?

An insurance score is a number or rating statistically derived from a mathematical formula, computer application, model or other process that is based on credit information and used to help predict the future insurance loss exposure of a consumer. A credit based insurance score is used to help insurance companies attempt to identify which customers are more or less likely to file claims. RVOS is aware that every individual has their own financial circumstances. So, even if you don’t have the best credit rating, you are still eligible to receive discounts for being claims free.

Rolnik (September 2015)


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