WE ARE NOT TALKING ABOUT LIGHTNINg/WEATHER WHEN IT COMES TO INSURANCE SCORING; IT HAS BEEN SHOWN CARE OF A PERSON\’S PROPERTY IS REFLECTED BY CREDIT AS WELL(I.E POOR PROPERTY UPDATING/UPKEEP,ETC.)
DID KATRINA PICK AND CHOOSE BASED ON INSURANCE SCORE? I DON\’T THINK SO.
TYPICAL DEMOCRATIC THINKING.
It\’s not even as complicated as upkeep. Those with lower credit scores are far more likely to file a claim than those with higher. It\’s that simple. and since insurance is about minimizing risk, and that risk is payment, using credit risk makes perfect sense.
We here in Michigan (outside of the state of Detroit) know that our Canadian liberal idiot governor has no clue about simple economics. Promise anything and keep the fog rolling on hot button topics that the simple minded masses don\’t seem to understand. Maybe someday this state will get a real governor. Until then we are the only state in an actual recession. Too many unions, too many unkept promises, too many taxes, too much Detroit influence.
Granholm & Watters are the same jokers who want to eliminate the use of territorial factors in rating too.
Shows their lack of understanding of insurance.
WE ARE NOT TALKING ABOUT LIGHTNINg/WEATHER WHEN IT COMES TO INSURANCE SCORING; IT HAS BEEN SHOWN CARE OF A PERSON\’S PROPERTY IS REFLECTED BY CREDIT AS WELL(I.E POOR PROPERTY UPDATING/UPKEEP,ETC.)
DID KATRINA PICK AND CHOOSE BASED ON INSURANCE SCORE? I DON\’T THINK SO.
TYPICAL DEMOCRATIC THINKING.
It\’s not even as complicated as upkeep. Those with lower credit scores are far more likely to file a claim than those with higher. It\’s that simple. and since insurance is about minimizing risk, and that risk is payment, using credit risk makes perfect sense.
We here in Michigan (outside of the state of Detroit) know that our Canadian liberal idiot governor has no clue about simple economics. Promise anything and keep the fog rolling on hot button topics that the simple minded masses don\’t seem to understand. Maybe someday this state will get a real governor. Until then we are the only state in an actual recession. Too many unions, too many unkept promises, too many taxes, too much Detroit influence.