Which of the following statements is (are) true concerning the use of

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 fewer homeowners claims than do individuals with good credit histories.
II. A poor credit history can be improved over time, allowing for the purchase of homeowners insurance at a lower premium.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: B