Q18d: Can your credit history affect insurance coverage and/or premiums?

Demographic and experience categories Yes No Do not know Refused
All respondents 36.0 ( 1.4) 42.2 ( 1.4) 21.8 ( 1.2) 0.0 ( 0.0)
AGE GROUP        
18 to 24 35.4 ( 5.0) 39.5 ( 5.0) 25.1 ( 4.5) 0.0 ( 0.0)
25 to 34 39.2 ( 3.5) 37.9 ( 3.5) 23.0 ( 2.9) 0.0 ( 0.0)
35 to 44 38.5 ( 3.4) 41.2 ( 3.4) 20.3 ( 2.8) 0.0 ( 0.0)
45 to 54 34.0 ( 3.2) 46.8 ( 3.3) 19.1 ( 2.4) 0.0 ( 0.0)
55 to 64 41.0 ( 3.7) 40.6 ( 3.6) 18.4 ( 2.9) 0.0 ( 0.0)
65 and older 25.9 ( 3.0) 49.8 ( 3.3) 24.1 ( 2.6) 0.2 ( 0.2)
INCOME        
Less than $25000 27.9 ( 2.0) 39.5 ( 2.2) 32.5 ( 2.2) 0.1 ( 0.1)
$25000 to $49999 39.4 ( 3.1) 41.9 ( 3.1) 18.7 ( 2.4) 0.0 ( 0.0)
$50000 to $74999 38.1 ( 3.5) 46.4 ( 3.5) 15.5 ( 2.7) 0.0 ( 0.0)
$75000+ 42.4 ( 3.4) 42.6 ( 3.4) 15.0 ( 2.5) 0.0 ( 0.0)
EDUCATION        
Less than high school 22.4 ( 3.2) 37.1 ( 3.6) 40.2 ( 3.6) 0.3 ( 0.3)
High school 33.7 ( 2.4) 43.9 ( 2.5) 22.4 ( 2.1) 0.0 ( 0.0)
Some post-secondary education 37.7 ( 2.8) 45.9 ( 2.9) 16.3 ( 2.1) 0.0 ( 0.0)
BA or more 41.2 ( 2.7) 38.8 ( 2.6) 20.0 ( 2.2) 0.0 ( 0.0)
ETHNICITY        
White 37.0 ( 1.9) 42.2 ( 1.9) 20.7 ( 1.5) 0.0 ( 0.0)
Black 31.0 ( 2.8) 47.3 ( 3.0) 21.4 ( 2.5) 0.2 ( 0.2)
Hispanic 32.6 ( 2.9) 38.6 ( 3.1) 28.8 ( 2.7) 0.0 ( 0.0)
Other 42.9 ( 6.4) 39.6 ( 6.2) 17.5 ( 4.6) 0.0 ( 0.0)
SEX        
Male 38.3 ( 2.3) 42.4 ( 2.3) 19.3 ( 1.8) 0.0 ( 0.0)
Female 33.7 ( 1.7) 42.3 ( 1.8) 23.9 ( 1.5) 0.1 ( 0.1)
EMPLOYMENT STATUS        
Actively employed (FT or PT) 38.2 ( 1.9) 41.8 ( 1.9) 20.0 ( 1.6) 0.0 ( 0.0)
Student 42.3 ( 8.8) 45.2 ( 8.4) 12.5 ( 4.5) 0.0 ( 0.0)
Not employed (homemaker, retired, unemployed) 31.4 ( 2.2) 42.6 ( 2.3) 25.9 ( 2.0) 0.1 ( 0.1)
Other 33.1 ( 5.9) 41.9 ( 6.3) 25.1 ( 6.1) 0.0 ( 0.0)
GEOGRAPHIC RESIDENCE        
Resident of a free report state (CO, GA, ME, MD, MA, NJ, VT) 31.2 ( 2.9) 51.7 ( 3.1) 16.9 ( 2.2) 0.2 ( 0.2)
Resident of another state 36.7 ( 1.6) 40.8 ( 1.6) 22.5 ( 1.3) 0.0 ( 0.0)
FINANCIAL AND CREDIT REPORT EXPERIENCE        
Obtained a credit report 40.8 ( 1.9) 42.0 ( 1.9) 17.2 ( 1.4) 0.1 ( 0.1)
Did not obtain a credit report 29.4 ( 2.1) 42.6 ( 2.2) 28.1 ( 2.0) 0.0 ( 0.0)
         
Obtained credit score 41.9 ( 2.5) 40.7 ( 2.5) 17.3 ( 1.9) 0.1 ( 0.1)
Did not obtain credit score 33.1 ( 1.7) 43.0 ( 1.8) 24.0 ( 1.5) 0.0 ( 0.0)
         
Disputed information on credit report 49.4 ( 3.4) 37.7 ( 3.2) 12.8 ( 2.2) 0.0 ( 0.0)
Did not dispute credit report information 33.0 ( 1.5) 43.2 ( 1.6) 23.7 ( 1.4) 0.0 ( 0.0)
         
Had an auto or mortgage loan 37.5 ( 1.6) 44.5 ( 1.7) 18.0 ( 1.3) 0.0 ( 0.0)
Did not have an auto or mortgage loan 31.0 ( 2.8) 34.7 ( 2.8) 34.3 ( 2.8) 0.0 ( 0.0)
         
Was a victim of identity theft 41.0 ( 4.3) 41.3 ( 4.3) 17.7 ( 3.3) 0.0 ( 0.0)
Was not a victim of identity theft 35.4 ( 1.5) 42.3 ( 1.5) 22.2 ( 1.3) 0.0 ( 0.0)
         
Obtained credit report due to an adverse action 40.2 ( 5.2) 41.3 ( 5.1) 18.5 ( 3.8) 0.0 ( 0.0)
Did not obtain credit report due to an adverse action 35.6 ( 1.5) 42.3 ( 1.5) 22.1 ( 1.2) 0.0 ( 0.0)

Percent estimates totaling 100% within each demographic and experience category, with standard errors in parentheses
 
GAO-05-411SP Credit Reporting Literacy Survey Data
Full Report: GAO-05-223