Posted On: February 19, 2009, 5:08 pm CST

Posted By: Insurance agent with a mind

You are 100% wrong! I have been an insurance agent for over 10 years and a finance manager for a car dealership for 12 years prior to that. I was pulling credit bureaus when the scoring system came into play and if was so great how did the banking inds. get into the mess their in and need a bailout. The insurance industry is headed for the same path the banks are on. I am 44 years old my wife 42 we have 10 and 20 year job times and over a 725 score yes our insurance went down 2%. Big woop no accidents in 20 years insured with the same company 17 years if companies use it they better be ready to offer bigger discounts. I go down 2% and other people who were paying the same thing I have but have a higher insurance score they go up 20% this doesn't add up if the company has been averaging things out wouldn't it stand to reason that the best go down as much as the worse goes up? The credit score is the same thing as profiling people and it is minorities who are getting ripped. Now the economy is bad what will happen to credit scores (go down) so the same guy that could of had a policy last year for one price will now be paying more because stupid politicians don't know how to get a grip and help the economy out. (Mainly bring home our troops). What is different about the person same job address exposure but now because he is not working 40 hours and he struggles paying a couple of bills he is a risk. You have crunched to many numbers and your mind is fried. Yeah you pay me big bucks I will give you numbers scewed any way you want them maybe American people need to hire our on people to run the numbers and our favor and go to washington and get congress to see it our way. It is just like jobs going to China at first I thought it wouldn't hurt it might make the cost of living cheaper in some areas but the companies that are using chinense labor didn't pass the savings along to the consumer. My daddy always said a pig gets fat a Hog gets gutted and it looks like there will be alot of pork soon.