Insurers Warn N.J. Not to Restrict Use of Education, Job Status in Rating
East News • March 6, 2007
New Jersey drivers could see a return to high prices and fewer choices for their insurance if legislators limit the use occupation and education as rating factors, insurers warned lawmakers at a ...
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Subject: RE: To set the record straight...
Posted On: March 8, 2007, 8:01 am CST
Posted By: Jim
Comment:
What a crock. So GEICO is racist? It hates blacks' money? It stubbornly uses ineffective criteria for underwriting in spite of their shareholders' wishes? Which is it?
In fact, people with higher education degree who pay their bills on time have demonstrated that they are responsible citizens and therefore better risks than dropouts and deadbeats who are charged more - because they are higher risks. Period. If this runs contrary to your view of humanity, than your view of humanity is skewed.
Subject: RE: To set the record straight...
In fact, people with higher education degree who pay their bills on time have demonstrated that they are responsible citizens and therefore better risks than dropouts and deadbeats who are charged more - because they are higher risks. Period. If this runs contrary to your view of humanity, than your view of humanity is skewed.