Credit information has proven to be a strong predictor of losses. Actual insurance company experience confirms the connection between credit report information and the likelihood of experiencing an insurance loss. Insurance premiums are set based on the likelihood of losses. Those with a lesser likelihood of loss should pay less than those with a greater likelihood. Using credit information as another data source in the process for determining insurance premiums allows insurers to more accurately set premiums for all of their consumers. The use of credit information enables insurers not only to offer lower premiums to many consumers who would otherwise pay more for their insurance, it also permits insurers to provide insurance coverage to more drivers and homeowners than they previously could.