Do all insurance companies use insurance scoring?
More than 90 percent of insurers use some form of insurance scoring. In addition to an insurance score, Erie Insurance also considers other underwriting factors. For example, your auto insurance premium is based on criteria such as your driving record, the type of car you drive and how far you drive. Your homeowners premium is based on the cost to replace your home and the distance to the closest fire department, among other factors. Insurance scores are just one factor Erie Insurance uses to determine your rate. Like all insurers, Erie Insurance cannot deny an applicant insurance coverage based solely on an insurance score.
