Tuesday, March 15, 2011

Who buys into this crap anyway?

Apparently Allstate pays attention to your Zodiac sign, but does it affect your insurance rating?

It makes you wonder especially after Allstate issued a press release Wednesday listing accident rates of drivers based on their "new" zodiac signs, according to CNN. Is anyone else shocked to think that the signs were actually being used to determine insurance rates.

Allstate's original astrological sign accident breakdown, from CNN Money:

•Virgo - 211,650
•Leo - 179,657
•Taurus - 177,503
•Pisces - 172,030
•Sagittarius - 154,477
•Gemini - 136,904
•Capricorn - 128,005
•Aries - 112,402
•Libra - 110,592
•Aquarius - 106,878
•Cancer - 101,539
•Ophiuchus - 83,234
•Scorpio - 26,833

After some backlash, Allstate quickly retracted the press release, and issued an apology for the confusion.

From the Allstate retraction press release:

"We recently issued a press release on Zodiac signs and accident rates, which led to some confusion around whether astrological signs are part of the underwriting process.

Astrological signs have absolutely no role in how we base coverage and set rates. Rating by astrology would not be actuarially sound. We realize that our hard working customers view their insurance expense very seriously. So do we.

We deeply apologize for any confusion this may have caused."

Well, at least we all now know for certain that Scorpios rule! Ha! Like I believe it that crap.

3 comments:

  1. Considering how low the number is for Scorpio, I'd say there are probably fewer Scorpios with Allstate coverage... you might want to switch insurance companies because your fellow Scorpios are finding better prices elsewhere... ;)

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  2. Glad to see your return to blogging...

    ReplyDelete

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