Insurers draw these scores from credit reports, and then, using the insurer’s proprietary algorithm, create their own ratings, or e-scores. These are proxies for responsible driving. But Consumer Reports found that the e-scores, which include all sorts of demographic data, often count for more than the driver’s record. In other words, how you manage money can matter more than how you drive a car. In New York State, for example, a dip in a driver’s credit rating from “excellent” to merely “good” could jack up the annual cost of insurance by $255. And in Florida, adults with clean driving
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