We received a great comment [in my opinion] from Debby on one of our past posts about GEICO and the recent scrutiny of their underwriting practices. Just to briefly recap, the insurer has been in the spotlight in recent months for using factors like occupation and education level to determine an applicant's insurance rates. [Read the full post for more.]

Debby checked out our post and responded, saying:

I am a school bus driver; hence in the realm of a lower income job. Even though we are considered to be some of the safest drivers we get no credit for this. We are required to have extensive training, take safe driving courses, and have both P & S endorsements on our licenses. Our rates still reflect the higher bracket due to our lesser income. This is totally unfair. [...]

This is a great point, coupled with a hard-hitting example of how lower-income American's are getting the raw end of the insurance deal.

So what's the solution for people like Debby? Do insurance companies need to refine their underwriting guidelines? I'm inclined to say yes, but I want to hear from some industry professionals. :)