By Jerry Lunsford

Muchos de ustedes por ahí con mal crédito pueden tener noticied que algunos de los servicios que han aumentado el uso de los costos. Nothing as profound as the insurance industry. Now only affected the safe house, but soon car insurance will also increase for people with bad credit. Now they have the right to increase fees to anyone who wants. Those of us with bad credit are not to blame, but one of ourselves. But here is the system that not only insurance companies are perpertrating some of us, but also other companies that offer some type of service.

Home insurance, on average, has increased by 50%. That’s a lot of money. While not all owners of a home, the majority of the world has, or drive a car and soon will be affected by this increase. The reason for this increase is that, supposedly, people with poor credit file more claims than those with good credit. This reasoning does not fly with me. There are too many variables involved to accurately agur here.

Many of us have paid our monthly premiums for years and have never filed a claim. But because we have bad credit we are grouped into a group of insurance companies say stattistically file more claims. Are we to believe that people with good credit never complain? By the way. It is not the same reason that insurance companies exist? To meet the demands with which they had some misfortune in their lives.

Let us assume that if a hailstorm that came through the city only the roofs of the houses of poor families with damaged credit? Or that a person with bad credit are more likely to plow his car into a telephone pole? I think not. But even people with good credit have the lowest rates and can bring a claim on the will. (with only a slight increase in their premiums.) Basically, people with bad credit are used to cover losses incurred by insurance companies of all claims.

I am sure you can find in any group statictics. For example, you could collect the statistics that show the highest people file more claims shorter. Or with the largest nose file claims than those with smaller noses. What about ethnic groups. I bet you could find in an ethnic group that files insurance claims as all others. But do not dare raise rates at any ethnic group over another, especially if that group was a minortity. You can always find statistics that show a group of people doing more or less than another group.

If insurance companies really cared and wanted to be fair, why not just take all the claims on a case by case scenario. The option for them to do this exists, but then refused. Instead they prefer to highlight a group, proving that everything is on the increase of their profits off the backs of this group.

This is the bottom line. Insurance companies and other service providers can charge whatever they want to whomever they want. But the fact is that no one has doubts of people with poor credit. (and no one should) Therefore, the insurance industry has found the perfect place Dupes to cover their losses. If you do not think this is a plan, call your insurance provider as I did with the concerns expressed in this article and listen to them and seek answers to stutter and repeat over and over again things that were trained to say.

For those of us with bad credit, what can we do? Obviously we need to improve our credit scores. But in the mean time we call and write our insurance companies or any service provider, we are aware of them and what they are doing, hoping that it will attract enough attention. Bad credit should not give an excuse to charge higher rates. But it has. The least we can do is admit his regime.