Posted On: July 22, 2007, 6:15 am CDT

Posted By: wudchuck

1) i never brought up the issue of minority. so settle down w/that issue.

2) remember, what was written - it was the fact that they related increased of filed claims if the credit score was lower. in reality, just because we file claims does not mean we are a bad risk or bad driver. it means, that we need to have someone fix the car because we don't have the funds to fix it with our own $$$. Someone whom has lots of money and a great credit score, does not necessarily file a claim - but yet, he/she could be a bad driver and high risk.

****
society today is so set on not owning up to it's own responsibility for their own actions (rather blame it on someone else or a corporation). or folks like to blame it on being minority. let's get over it!! our society today has forgotten values of integrity and honor. we let folks take up frivilous lawsuits just to be money hungry. and even then, it's the lawyers whom make the money off that issue more than the one whom wanted to bring the lawsuit.

so let's get back to the facts:

insurance was based on risk of the driver. remember the days of lloyds of london - sailing ships and cargo. that was based on the captain' ability and the ship he commanded. the captain knew that he makes good profit when all the goods arrived at the port. a captain made calls on where to sail, avoid weather damages and many other options throughout the voyage. driving a vehicle is very similar, but it never should be based on how well i do financially. i don't drive my car for business, making $$$. i work as an agent in the industry. my company uses credit but i don't agree with it. but as with any numbers value, we can always make/construe the consumer to think anything. JUST LIKE IN POLITICS! i think truly, a fair competive rate is based on their driving skills and not adding in their financial stability/credit.