Posted On: November 29, 2006, 1:18 pm CST

Posted By: Southern Agent

YA, your point about the middle class people having more claims , could it be there's more exposure? My clients with two boats, two houses and three vehicles, two wage earners are going to have more claims than a single person who lives in an apartment and ownes just one vehicle. Of course, the "middle class" person with the "toys" will pay alot more in premiums.

On another note:
Let me get this straight, I fight and save and do without all my life to keep and protect my good credit rating but my rates equal the rates of irresponsible people who, because they either:
1. Lied to themselves or others about their ability to re-pay
2. Cannot manage their lives financially
3. Have their financial "backs" to the wall.
That's not right.
Insurance has many "moral delimmas" by it's very nature. This is another tool that thinking, mature people should embrace.