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: RE: To set the record straight...
Posted On: March 8, 2007, 8:24 am CST
Posted By: Jim
Comment:
I didn't say that everyone w/o a degree is a dropout or deadbeat. I only acknowledge that there are such people, and apparently you do too. Are not dropouts and deadbeats
Question: should white high school dropouts and credit deadbeats pay as much as a black RN with a Masters Degree in nursing who has a credit rating of 760? Shoudl everyone pay the same premiums for life insurance regardless of whether or not they are smokers or base jumpers?
Even if the dropout you describe left school to take care of a sick child, there is every reason to charge him higher rates because QUITING ONE'S JOB HELPS NO ONE. I can hear it now:
"Honey, I quit my job so that I can stay home and help you take care of Billy."
"But dear, now we have no health insurance or money."
Subject: RE: RE: RE: To set the record straight...
Question: should white high school dropouts and credit deadbeats pay as much as a black RN with a Masters Degree in nursing who has a credit rating of 760? Shoudl everyone pay the same premiums for life insurance regardless of whether or not they are smokers or base jumpers?
Even if the dropout you describe left school to take care of a sick child, there is every reason to charge him higher rates because QUITING ONE'S JOB HELPS NO ONE. I can hear it now:
"Honey, I quit my job so that I can stay home and help you take care of Billy."
"But dear, now we have no health insurance or money."