Posted On: November 9, 2006, 3:47 pm CST

Posted By: Teri

Sorry guys, but show me a divorced/single mother who tries to pay her bills w/late support payments and/or a person who tries to trade in a vehicle w/a dealership who is trying to obtain financing for well over the value of a vehicle and you have a "victim" of poor credit ratings, even though the issue is out of her or his control... the math just doesn't add up and when it comes to the affluent filing less claims, may be true but when they file a claim it's usually for a larger amount due to the fancy car or the fancy toy that got damaged, you won't find a "poor" person driving a $40,000 vehicle or carrying high end limits, all of which can be paid out in a one-time incident causing a much larger loss to the insurance company than three or four "poor" credit risks claims. Still just doesn't add up to me