[privacy] Creidt scores are more important than driving record

["Richard M. Smith" <rms () computerbytesman com>]

http://www.boston.com/cars/news/articles/2008/02/28/motorists_records_may_be
_underrated?mode=PF


Motorists' records may be underrated


New insurance system favors rich drivers, report says


By Jeffrey Krasner, Globe Staff  |  February 28, 2008

A 27-year-old single woman with a perfect driving record could see her
insurance premium increase an average of 5.2 percent this year, while an
older married couple who each had major at-fault accidents every three years
could have their premiums decrease by nearly 14 percent under the state's
new competitive auto insurance system, which takes effect April 1, according
to two consumer groups that analyzed rates.

The potential unintended consequence of the new system is the result of a
rate-setting process in which a motorist's driving record is not given as
much weight as credit rating, marital status, or other factors unrelated to
driving, according to a study to be released today by the Massachusetts
Public Interest Research Group and the Center for Insurance Research.

"Under this new system, how you drive is less important than who you are,"
said Stephen D'Amato, a consultant to the Center for Insurance Research.

.

 

 

_______________________________________________
privacy mailing list
privacy () whitestar linuxbox org
http://www.whitestar.linuxbox.org/mailman/listinfo/privacy