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: RE: RE: RE: To set the record straight...
Posted On: March 8, 2007, 1:08 pm CST
Posted By: ES
Comment:
I know someone who has a degree from Cornell. She recently decided that becoming a doctor was no longer what she wanted to do. Right now she works retail until she can figured out what she would like to do with herself. According to your logic, she should pay more for her car insurance b/c she decided not to be a doctor. It just doesn't make sense. You are making a generalization. Everyone has different reasons for why they are in their personal situations. For a company to charge significantly more without looking into those reasons is, I'll say it again, UNETHICAL. I noticed you didn't address my "where is your proof" question. You know as well as I that it does not exist. So yes, I agree, buying insurance is NOT like buying shoes. Everyone should have an equal opportunity to be eligible for the same rates, not placed in a separate company altogether (w/out being told) b/c of their edu/occ status. So are you saying that a man who decides to be a carpenter b/c he enjoys working hands on as opposed to sitting at a desk; then he deserves to pay more for auto insurance? That's ridiculous.
Subject: RE: RE: RE: RE: RE: RE: To set the record straight...