As a Credit Karma member, you have access to free VantageScore 3.0 credit scores from two major bureaus, TransUnion and Equifax. We also provide an auto insurance score and home insurance score from TransUnion. Aside from the VantageScore 3.0 score provided by Equifax, which uses your Equifax credit report, each score is calculated using the data in your TransUnion credit report.
VantageScore 3.0, which ranges from 300-850, is a credit scoring model created collaboratively by the three major credit bureaus: Equifax, Experian and TransUnion. With this score, the credit bureaus aim to make credit scoring more consistent and accurate across all the bureaus.
Traditional credit scoring models weigh credit history heavily, and consumers with shorter credit histories often generate a "thin file." The VantageScore model tries to remedy this by putting more weight and emphasis on the past 24 months of credit history.
Auto Insurance Score
Your Auto Insurance Score, with ranges from 150 to 950, is calculated using data from your TransUnion credit report and is used primarily by auto insurance companies. It helps insurance companies assess the risk of insuring a consumer by measuring the likelihood that a claim might be filed.
The fact that data in your credit report can affect your auto insurance rates may seem unfair, but studies show that there is a correlation between credit behavior and the likelihood a consumer will file a claim. In other words, consumers with higher credit scores tend to file fewer insurance claims and, as a result, are typically given better rates. Note that your insurance score is only based off of credit report information. It doesn't matter if you don't own a car, have never filed an insurance claim and have a clean driving record.
Your Auto Insurance Score is used by the 15 largest auto insurers to measure insurability and price your rates.
Home Insurance Score
Like the Auto Insurance Score, the Home Insurance Score ranges from 150 to 950 and is calculated using data from your TransUnion credit report. It is used primarily by home insurance companies to help assess the likelihood that you'll file an insurance claim. It is also only based off of credit report information. Whether you own a home or have a mortgage or have never filed an insurance claim doesn't factor into the calculation of this score.
Remember that these scores will differ from one another because they weigh the data in your credit report differently. Therefore, it's important to pay attention to and track the factors influencing your score, rather than just the three-digit number. Working on improving the individual factors could result in improved credit health across the board. Credit Karma provides these scores free of charge, so come back to check your progress.
Editorial Note: The opinions you read here come from our editorial team. While compensation may affect which companies we write about and products we review, our marketing partners don't review, approve or endorse our editorial content. Our content is accurate (to the best of our knowledge) when we initially post it, but we don't guarantee the accuracy or completeness of the information provided. You can visit the company's website to get complete details about a product. See an error in an article? Email us at email@example.com. For questions about your Credit Karma account, please submit a help request to our support team.
Advertiser Disclosure: We think it's important for you to understand how we make money. It's pretty simple, actually. The offers for financial products you see on our platform come from companies who pay us. The money we make helps us give you access to free credit scores and reports and helps us create our other great tools and educational materials.
Compensation may factor into how and where products appear on our platform (and in what order). But since we generally make money when you find an offer you like and get, we try to show you offers we think are a good match for you. That's why we provide features like your Approval Odds and savings estimates.
Of course, the offers on our platform don't represent all financial products out there, but our goal is to show you as many great options as we can.