Posted On: February 2, 2007, 11:01 am CST

Posted By: Chrystal

I don't work in insurance nor do I claim to be an expert in any facet of this problem. I do however have some very strong opinions. I was under the impression that a credit score determined how likely a person is to pay their debt: i.e. a car loan, mortgage, rent, credit cards, etc. Silly me. And last time I checked a person would file an insurance claim when they get in an accident. (if there is something else someone would file a claim for someone please enlighten me because I am apparently missing out on some money.) So the solution to this could either be similar to utilities (a deposit required and they won't have to check your credit) or you can pay your entire six month/one year bill up front and they won't have to worry about a person defaulting on their payment. That seems to me how credit should work... that's how everyone else uses it anyway. So the insurance companies claims about the link between credit and filing a claim must really be about the notion that people with bad credit get in more accidents? Or poor people get in more accidents? Or this is just another way for the insurance industry to make many more millions this year? Any way you skew this it is wrong. My insurance increased my rates when I was rear-ended because it "shows a pattern"!!! I didn't file a claim... her insurance paid for it. What we really need is a consumer advocate independent of the government and the insurance lobby to stand up for us, and who will be accountable to us. This is politics and capitalism at its worst... any way to screw the little guy.