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: RE: To set the record straight...
Posted On: March 8, 2007, 8:09 am CST
Posted By: ES
Comment:
You say that as if you ASSUME that everyone without a degree is a dropout deadbeat. Even the smartest, most responsible man in the world could've had to stop going to school b/c, I don't know, he had to take care of his sick mother, or his wife had a baby. Not everyone is uneducated because they are a deadbeat.
Secondly, I'm not saying that Geico is racist. I'm saying that using education and occupation as factors to determine car insurance rates is unethical. Geico, as an industry leader, is forcing other companies to adopt this practice. That is why the focus is on Geico. I don't agree with ANY company that uses it.
Subject: RE: RE: To set the record straight...
Secondly, I'm not saying that Geico is racist. I'm saying that using education and occupation as factors to determine car insurance rates is unethical. Geico, as an industry leader, is forcing other companies to adopt this practice. That is why the focus is on Geico. I don't agree with ANY company that uses it.