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Old 11-01-2009, 12:15 PM
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gonzo gonzo is offline
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I said that insurance companies have software that evaluates risks to set premiums. Also, that they have an extensive database of accidents, mileage, etc. I agree that insurance rates reflect a competitive market. Competition curbs how much profit margin they can set. This opinion comes from years of working as a marine surveyor and accident and fraud investigator.
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