When asked by the LSJ which side I had more confidence in the legislature or insurance companies in setting car insurance rates, my response probably echoed most peoples'.
Frankly, I do not believe either "authority" at this point. Both sides are presenting noisy rhetoric and finger-pointing with little or no explanation. If bad credit scores make people crash their cars in sheer despair, let's hear the proof! Or does it make sense to arbitrarily (the legislature) cut rates wherever and for whomever with no rationale?
The insurance industry should be able to demonstrate statistical information proving who has a higher rate of claims and the legislature should quite playing to popular sentiment and weigh the facts. Maybe they could sit down, shut up and "listen" to each other?
Monday, January 18, 2010
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1 comment:
Hello
I think you need to have a drink & reconsider your position. snark snark
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