Which of the following statements is (are)true concerning the use of an individual's credit history as an insurance rating factor?
I.Individuals with poor credit histories,as a group,generally file more homeowners claims than do individuals with good credit histories.
II.The use of credit history as an insurance rating factor is controversial.
A)I only
B)II only
C)both I and II
D)neither I nor II

Question

Quizplus · Accepted Answer

Both statements are true. Studies have shown that individuals with poor credit histories tend to file more claims, and the use of credit history as an insurance rating factor has been a topic of debate and controversy.

Which of the Following Statements Is (Are)true Concerning the Use