Midwest News
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Mich. Creates Pool to Reduce Premiums in Detroit, Flint
Midwest News • June 30, 2006
Four insurance companies have told state officials they want details on bidding to represent a pool of up to 200,000 good drivers and responsible homeowners in Flint and Detroit.
The companies ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Insurance Premiums | Curious | Jul 6, 2006, 12:24 pm |
| Insurance Premiums | Just Me | Jul 1, 2006, 5:53 am |
| Back to article | ||
Subject: RE: Insurance Premiums
Here is a hint... The rate of claims is higher in Detroit. The commisioner had a study done by economists (not the insurance industry) a year or two ago and they found that rates were not excessive there.
Face it... insurance prices are based upon risk.
Stop whining about it. If you want cheaper insurance focus on educating people that they can't drive like maniacs. Focus on reducing fraud. Focusing on reducing theft.