Posted On: November 29, 2006, 1:00 pm CST

Posted By: YA in NC

Ya know, I can see how a correllation can be made between poor credit and the tendenct to turn in ALL claims, but I have to say that when we look at our substandard book of business and compare that with our preferred in terms of loss rations, our substandard book consistently outperforms our preferred book. MAybe it is because we have more physical damage coverages on our preferred book, maybe we're an oddity. I find that the most of our claims are coming from our middle class segment. Their credit scores are above average and higher, they own their homes, have at least 3 vehicles, but they tend to be the most active in terms of claims. Things that make you go hmmmmmm.