It'll soon be illegal in Europe to differentiate insurance risk by gender...

Post by michaelcampbell » Mon, Mar 07, 2011, 1:13 PM UTC

vgurgov wrote: post #9

echubb wrote: post #2

This has to be one of the most ridiculous rulings I've ever heard. Statistically, male drivers are more dangerous, so why should women now subsidise this behaviour? It's pure ideological lawmaking, designed to show how egalitarian the EU is by in fact foisting a law upon its citizens which is completely disconnected from reality. In their attempt to achieve "equality" and "fairness," they've actually achieved neither…

sorry, I don see any problem here. If the fact that "Statistically, male drivers are more dangerous" would mean that no matter how safe am i driving, my insurance cost will be higher than my wife's insurance would prob make me feel discriminated based my gender. I want my_insurance= f(driving_experience, incident_count, my_car, my_area, etc) not my gender.

Post by vgurgov » Mon, Mar 07, 2011, 2:12 PM UTC

michaelcampbell wrote: post #11

vgurgov wrote: post #9

Earlier quoted context omitted.

sorry, I don see any problem here. If the fact that "Statistically, male drivers are more dangerous" would mean that no matter how safe am i driving, my insurance cost will be higher than my wife's insurance would prob make me feel discriminated based my gender. I want my_insurance= f(driving_experience, incident_count, my_car, my_area, etc) not my gender.

You have that now. Premiums are based on the groups to which you belong. Some of those groups are driving experience, your car, your area, your incident count, etc. Another is, of course, your gender. If a valid statistical correlation can be found between gender and revenue, they will adjust the premium to compensate.

Post by stuartjmoore » Mon, Mar 07, 2011, 2:22 PM UTC

vgurgov wrote: post #13

michaelcampbell wrote: post #11

Earlier quoted context omitted.

You have that now. Premiums are based on the groups to which you belong. Some of those groups are driving experience, your car, your area, your incident count, etc. Another is, of course, your gender. If a valid statistical correlation can be found between gender and revenue, they will adjust the premium to compensate.

so what about if next study will show that statistically afro-american drivers are more or less risky that others? still fine to have different rates for them??? I dont know much about how car insurance are calculated but if their formulas still have some gender discrimination - this should be banned.

Post by PHPAdam » Mon, Mar 07, 2011, 8:37 PM UTC

echubb wrote: post #4

PHPAdam wrote: post #3

In the long run, I will get cheaper insurance so wont argue too much about it.

How do you figure? It's unlikely insurance companies will reduce their premiums for male drivers, they'll just increase the premiums for female customers.

Post by michaelcampbell » Tue, Mar 08, 2011, 1:03 AM UTC

vgurgov wrote: post #13

michaelcampbell wrote: post #11

Earlier quoted context omitted.

You have that now. Premiums are based on the groups to which you belong. Some of those groups are driving experience, your car, your area, your incident count, etc. Another is, of course, your gender. If a valid statistical correlation can be found between gender and revenue, they will adjust the premium to compensate.

so what about if next study will show that statistically afro-american drivers are more or less risky that others? still fine to have different rates for them??? I dont know much about how car insurance are calculated but if their formulas still have some gender discrimination - this should be banned.