Do underwriters use LexisNexis?
Asked by: Delia Thiel | Last update: August 10, 2025Score: 4.2/5 (39 votes)
Do mortgage lenders check LexisNexis?
Lenders use this information to make lending and credit decisions. These decisions directly affect you, the potential borrower. Lenders will check if your loan application matches LexisNexis data. If information is inconsistent, lenders will use this information to deny you loans.
Do banks use LexisNexis?
Examples of LexisNexis customers include law enforcement agencies, federal homeland security departments, banking and financial services companies and insurance carriers, legal professionals, and state and local governments.
Who uses LexisNexis report?
We do business with banks and financial institutions, insurance carriers, healthcare providers and government agencies, law enforcement agencies, and non-profits. For example, companies use our tools to verify identities in order to offer loans, quote insurance rates, and offer government assisted benefits.
Can I look myself up on LexisNexis?
You may order information on yourself by filling out a request, which must include proper identification. If you have questions or need to submit documents, you can do so via our LexisNexis Risk Solutions Reports Help page.
What Is LexisNexis Used For In Insurance? - CountyOffice.org
Which insurance company doesn't use LexisNexis?
Root, Metromile, and Mercury Insurance are the best car insurance companies that don't use LexisNexis. Root is the cheapest company that doesn't use LexisNexis. Rates start at $16/month. However, Root and Metromile are only available to low-mileage drivers.
What shows up on LexisNexis?
The report includes items such as real estate transaction and ownership data, lien, judgment, and bankruptcy records, professional license information, and historical addresses.
Is it a good idea to opt out of LexisNexis?
When so much information is easily accessible online, it makes it incredibly easy to become a scam victim or to lose privacy. So, if you have concerns about your privacy, data security, spam, scams, and identity theft, we suggest deleting your data from LexisNexis.
Does LexisNexis affect credit score?
Have the LexisNexis / IIL searches impacted my credit score? The CRA searches conducted by LexisNexis/IIL on behalf of insurers and brokers are classified as 'soft searches' and these types of searches have no impact on your credit score.
Do background checks use LexisNexis?
With LexisNexis Applicant Screening organizations can conduct criminal background searches, check civil records for evidence of past employment-related lawsuits, and verify educational and licensing credentials.
Is LexisNexis a public record?
The LexisNexis Public Records Collection is one of the largest data warehouses of public and non-public records information available anywhere.
Why has LexisNexis appeared on my credit report?
This is recorded in your credit history, but is only visible to you and not visible to lenders and therefore don't affect your credit score. However, if the footprint mentions only LexisNexis it would be related to insurance services meaning an insurance company would have carried out an identity check on you.
How far back does a LexisNexis report go?
In most instances, records go back a maximum of seven years. For details about what sources are included in the LexisNexis proprietary criminal records database search, click here.
Can you remove information from LexisNexis?
Individuals may request to opt-out of having personal information about themselves made available through certain LexisNexis products and services, in accordance with legal requirements or if permitted by LexisNexis policy. Such requests are referred to as "Information Suppressions."
Can I view my LexisNexis report?
Select the "Request Your Consumer Disclosure Report" checkbox and complete the required form fields to submit your request. This will allow you to access your file and learn about the personal information LexisNexis Risk Solutions maintains about you, as per the Fair Credit Reporting Act.
How to clean up LexisNexis?
If you do end up finding any malicious information on your LexisNexis credit report, make sure to file an identity theft claim and go through the police report documenting process. You will also need to contact the credit bureau so you can have any inaccurate information removed, especially if it's identity theft.
Why do insurance companies use LexisNexis?
LexisNexis Auto Insurance Solutions enable faster, more accurate quoting, more informed underwriting and friction-free claims resolution to help you elevate the customer experience while boosting profitability and increasing competitiveness.
What is a good LexisNexis score?
Insurance scores using the LexisNexis Risk Classifier range from 200 to 997. According to the company, a score of 770 or better is considered good and will get you favorable rates.
How long do insurance claims stay on LexisNexis?
Our Comprehensive Loss Underwriting Exchange (C.L.U.E. ®) is a claim history information exchange containing up to seven years of personal automobile claims information.
How do I clear my LexisNexis search history?
What credit bureau does LexisNexis use?
LexisNexis Risk Solutions Inc. delivers credit reports from credit bureaus (Equifax, Experian, TransUnion) to the insurance industry. We are not able to correct or otherwise alter the information contained on a credit bureau's credit report.
How much does LexisNexis cost per month?
As of this review, the price of a three-year commitment to LexisNexis starts at $153.00 per month (1-year contract). This tier provides case law, statutes, and legislation for one state and the ability to Shepardize your results.