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Show Companies Making Careful Examination Vhen Protection Pro-tection Is Asked An interesting factor which is perhaps little known to the Kreat majority ma-jority of motorists who apply for In- j surance on their cars, Is that the more substantial companies are now j looking very carefully into the moral hazard likely to be Incurred In writ-! Ing insurance In other words, the; personal character of the nutomobllo i owner seeking Insurance is being in-' vestigated to an extent never done! before. Thin moral hazard, while notj a novelty to some companies. Is, In j its recent tendency toward a nation- wide application, something new in automobile insurance. Xot only In New York, but in many of the larger cities i nthe country this character Investigation is very thoi - j ough. Its wider application is primarily pri-marily due to the heavy losses of the past year or two in lost :,nd Stolen" cars combined with the increased use' of motor Vehicles for criminal or oh-; I II W l IW Jecllonnbb? purposes. Certain motor car owners wfio have had the unfortunate unfor-tunate C5Cperl ncc of having their insurance in-surance applications denied wouid doubtless find, in tho final analysis, that i be report on their personal characteristics, char-acteristics, Involving possibly some financial fi-nancial difficulty, objectionable mode of living or careless or suspicious use of the car, had been deemed an unsafe moral hazard Perhaps some of these declined applicants by the more reputable companies have been able to iet motor insurance elsewhere, for there are concerns where this care as to personality is not so rigidly observed. |