comment about insurance rates

Originally Posted by theDreamer Credit check is now used determined accident potential along with a few other variables. Algorithms have been developed determine lower credit ratings have an increase in

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comment about insurance rates

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08-07-2011, 11:01 PM

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Red__Zed

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Quote:

Originally Posted by theDreamer

Credit check is now used determined accident potential along with a few other variables.
Algorithms have been developed determine lower credit ratings have an increase in accidents, thus a higher premium.

Less an increase in accidents, more a likelihood to file a claim--which is a lot of what the insurance company cares about.

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