Date:         Sat, 8 Feb 2003 15:45:06 -0500
Reply-To:     David Brodbeck <gull@CYBERSPACE.ORG>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         David Brodbeck <gull@CYBERSPACE.ORG>
Subject:      Re: Insurance - credit check
Comments: To: Bill N <freeholder@STARBAND.NET>
In-Reply-To:  <01ba01c2cfb1$2d109e20$319c4094@BILLPC>
Content-Type: TEXT/PLAIN; charset=US-ASCII

On Sat, 8 Feb 2003, Bill N wrote:

> Since your credit rating is a better predictor of future claims than how
> many tickets you have, they really can't quote you without it.  Sure,
> they could just ignore it, but that would mean people who pay their
> bills on time would have to subsidize those who don't by paying more
> than they should.

If that were true, then we could expect insurance to cost less now than it
did before companies were allowed to do this.  I don't think that's true;
if I remember right rates have gone up overall.  So any savings have just
gone straight to their profit margins.

             _ _
  __ _ _   _| | |  | David M. Brodbeck (N8SRE)              Ypsilanti, MI
 / _` | | | | | |  +-----------------------------------------------------
| (_| | |_| | | | @ cyberspace.org
 \__, |\__,_|_|_| "Everything is linear if plotted log-log with a fat
 |___/             magic marker." -- Mar's Law