Subject	people with poor credit are more likely to make big claims
Posted by	Technomancer on October 14, 2005 at 12:33 PM
	This message has been viewed 48 times.
In Reply To	So my insurance rates for my 94TT, 82 280ZX and Pathfinder posted by Zirvana on October 14, 2005 at 10:34 AM
Message	They see insurance as a kind of lottery rather than a kind of safety net. It is a statistical truth, right in their databases, just as valid as charging higher rates to people with more speeding tickets. (So please, save the angry responses.) Unfortunately, my mother has sued plenty of people. I never agreed with her decision. In many cases, she has won a settlement. Her credit stinks. So I have first hand knowledge of why insurers made this choice, and in my opinion they are right to do so. - John
Follow Ups	So my insurance rates for my 94TT, 82 280ZX and Pathfinder - Zirvana 10:34:20 10/14/05 GRRRRR - redhott90nazx 10:41:05 10/14/05 People with poor credit, tend to be a bigger liability. - SactoTodd 10:47:49 10/14/05 actually girls are statistically worse drivers (n/m) - spyhunter(nj) 11:35:40 10/14/05 That is incorrect, in terms of claim cost quantity. - Kenny 11:45:28 10/14/05 then complain to the insurance commissioner of your state - Nazgul 11:01:58 10/14/05 They also told me that I would need to complete a "good - Zirvana 11:28:47 10/14/05 "Good Student Discount" I think it's B and above. - SactoTodd 11:31:50 10/14/05 It's a significant discount. Another discount you can get.. - Kenny 11:41:24 10/14/05 ^ For your daughter I mean. (n/m) - Kenny 11:42:09 10/14/05 The VIN is etched on all glass, another discount at many - WildBillZx 11:46:09 10/14/05 that was a dealer option (n/m) - Guapo 11:53:14 10/14/05 Etched glass was not listed as a Dealer option on my 94TT. - Zirvana 12:00:08 10/14/05 Different dealers sometimes offer different options. (n/m) - Kenny 12:05:16 10/14/05 My 94TT has the etched glass. It did not show etched glass - Zirvana 12:28:57 10/14/05 leather interior, etched glass, pinstriping were not listed - Adam (NoVA) 12:38:10 10/14/05 I will check the original sticker on the window of my 94TT - Zirvana 12:50:23 10/14/05 Looking at my 94TT Window Sticker: Under Standard - Zirvana 13:11:53 10/14/05 1990 did not have leather interior, only seats. (n/m) - Adam (NoVA) 13:14:38 10/14/05 2nd (n/m) - ENVYMYZ 12:01:52 10/14/05 Right, that's a pretty slim discount. While we're at it... - Kenny 11:58:22 10/14/05 Another 'trick' my agent does... - dpjax 12:26:55 10/14/05 Nice. I forgot one of the rate variables. - Kenny 12:37:44 10/14/05 it saves you 10% not "over $150 anually" - dogpile 12:22:22 10/14/05 Do not expect too much. Geico discounts about 8 bucks - slowjohn 12:04:47 10/14/05 That's contingent upon policy cost, state, and insurer. - Kenny 12:06:20 10/14/05 again, everything an ins co does is approved by the state - Nazgul 12:14:24 10/14/05 That's total BS. - Kenny 12:49:43 10/14/05 *Edit: That's partial BS. - Kenny 13:09:31 10/14/05 re: BS - Nazgul 13:15:55 10/14/05 Re: re: BS - Kenny 13:22:21 10/14/05 Re: re: re: BS - Nazgul 13:45:23 10/14/05 Indeed. (n/m) - Kenny 13:46:51 10/14/05 sucks when bad things happen to good people tho - Nazgul 13:56:49 10/14/05 Re: sucks when bad things happen to good people tho - Kenny 14:07:11 10/14/05 exactly why I said that.. no insurance, no mortgage - Nazgul 14:08:43 10/14/05 see what i don't get is why does a good student - maxboost83(WA) 13:37:34 10/14/05 Why do you think? - Kenny 13:45:23 10/14/05 No such thing as late payments with Farm Bureau...you miss - Zirvana 11:35:01 10/14/05 what insurance company? (n/m) - MidLifeZ 10:42:37 10/14/05 Farm Bureau. I've been with them for over 30 years; - Zirvana 10:54:50 10/14/05 Or decrease rates, depending on your situation. - ssm300z 10:55:32 10/14/05 This has been going on for a while now. - dpjax 12:22:13 10/14/05 people with poor credit are more likely to make big claims - Technomancer 12:33:10 10/14/05 I should be more careful - Technomancer 12:35:57 10/14/05 There you go. I almost responded =). (n/m) - Kenny 12:50:58 10/14/05 Basic Insurance Business Info >>> - RedKev 12:58:29 10/14/05 Re: Basic Insurance Business Info >>> - Kenny 13:24:51 10/14/05 Not just me...they are sending out the letter, calling - Zirvana 13:25:57 10/14/05
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