Posted On: January 4, 2007, 5:31 pm CST

Posted By: Ed

I agree that Insurance scoring certainly has merit BUT it should be used as a discount much like an age 55 or driver training discount if the score meets a cetain level but not to determine the actual base rate itself or what will we see next such as a big brother Choicepoint factor that tells if you have a cell phone account because you might use it while driving or is the applicant overweight indicating that person might eat while driving!
Where does Underwriting begin?
Answer: An Agent
Is it possible that all these new variables are there to do away with the need for an neighborhood Agent?
How much is intrusion into our private life and after talking to many politicians it seems at least some are fed up enough to say that maybe mandatory insurance should be done away with if individual voters feel that this is an intrusion of their private affairs.