PROGRESSIVE

[VolAgent]

I'd be interested to see the actual correlation between credit score and income/assets. I have seen poor insurance scores come in with $350K houses, and perfect insurance scores who are coming in to insure a Habitat for Humanity home.

I have a friend who strictly works the non-standard market. One thing he constantly mentions. In Tennessee carriers are allowed to change rates only twice a year, but they can change their insurance score model whenever they want, which can be effectively used to change rates for new business.

I have no idea as to how true this all is, but he firmly believes it.