ISO is a subsidiary of Verisk Analytics. Insurance Services Office, Inc. collects information related to property loss, and insurance claims. This information is used by insurance companies to assess the risk of applicants. The information provided by ISO to insurance professionals could determine your eligibility for insurance or your insurance rates.
Errors on reports issued by ISO could seriously cost you. An error in your insurance reports could prevent you from being insured. Under the FCRA you have the right to dispute any mistakes on any reports provided by ISO. ISO will need to confirm their reports are correct within 30 days. If they cannot verify that the information they reported is correct, it must be removed.
Errors on consumer reports are very common. It could be due to a social security number mix up, or even identity theft. With insurance and identity theft, you could be dealing with fraudulent claims being made under your name. It is a good idea to monitor your credit reports. You have the right to a free credit report annually.
If you are having a hard time getting your ISO reports corrected and you are spending more money on your insurance because of errors on your ISO report, you may be able to sue for damages.
Francis Mailman Soumilas, P.C. offer a free case review. You can fill out the form to the right or call at 1-877-735-8600. You do not have to keep paying higher insurance premiums due ISO’s reporting errors. Let our team of consumer protection lawyers take a look at your case and get these reporting issues resolved.
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