Auto Ins, permiss. reason?

Discussion in 'Credit Talk' started by mfactor, May 12, 2002.

  1. lbrown59

    lbrown59 Well-Known Member

    In a message dated 5/13/02 4:05:34 AM Pacific Daylight Time, LBrown59 writes:

    << guess this means if you're credit is less than perfect, you're also at risk of having your house burned down/burglarized, auto accident/theft, and therefore should be charged outrageous insurance rates.
    mfactor
    >>
    The insurers logic on this is equal parts BS and HOGWASH!
     
  2. lbrown59

    lbrown59 Well-Known Member

    I don't know who would run it...but I wish a survey could be "RUN" to DIS-PROVE the insurance companies contentions!!!!!!!!!!!!!!!

    G E O R G E In spite of what they claim there are no facts to back them up.

     
  3. lbrown59

    lbrown59 Well-Known Member

    1*By the way, I don't see anyone here screaming about the unfairness of rating single people and males as higher risks then married and female!!

    1*What's not fair about this?
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    2*Interestingly enough, the underwriting statistics that relate to credit worthiness in auto and homeowners insurance also apply to life and health insurance.

    2*That's right it has nothing to do with that either!
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    Why Chat | 236 posts
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  4. lbrown59

    lbrown59 Well-Known Member

    You are incorrect. While you can get a quote using fake information...more than likely it will not be at all accurate. Credit is a HUGE rating factor now and I've seen it affect people's rates by hundreds of dollars.
    schweb |
    I've seen it affect people's rates by hundreds of dollars.
    RITE It's Quite a SCAM
    L>B>
     

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