Seer – Good point. In the article’s defense, studies are created to prove hypothesis no matter how obvious. Hopefully, people will stop driving their cars as much like in 2008, so demand will go down and gas prices should follow.
The Insurance Companies are not going lower the premiums to their policyholders, the agents and or brokers who receive bonus’s relateding to LOSS RATIO SHOULD BE VERY HAPPY. I know that was a good part of my income for the year. If the insured look like a problem I put them with PROGRESSIVE at 8% I remember Peter Lewis came to one of our conventions and told us agents we had to learn how to live on 8% but they as a company to have 15% or more.
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So let’s see, gas is over $4 per gallon so people cannot afford to drive as much which leads to fewer accidents… wow.
Does that mean if we raise the price on Fast Food we’ll get fewer overweight people?
We see the same stuff come out EVERY time gas prices go up. Should only have to pay to change the date on the study & get a discount!!!
Seer – Good point. In the article’s defense, studies are created to prove hypothesis no matter how obvious. Hopefully, people will stop driving their cars as much like in 2008, so demand will go down and gas prices should follow.
The Insurance Companies are not going lower the premiums to their policyholders, the agents and or brokers who receive bonus’s relateding to LOSS RATIO SHOULD BE VERY HAPPY. I know that was a good part of my income for the year. If the insured look like a problem I put them with PROGRESSIVE at 8% I remember Peter Lewis came to one of our conventions and told us agents we had to learn how to live on 8% but they as a company to have 15% or more.