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Old 03-17-2024, 06:45 PM
 
Location: Los Angeles
8,548 posts, read 10,969,065 times
Reputation: 10798

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Quote:
Originally Posted by bfrabel View Post
We should move to a system where one's employer is expected to pick out and pay for the car insurance, and if you happen to not have a good job that provides good car insurance, then too bad for you.
what about people who are retired?
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Old 03-17-2024, 07:41 PM
 
Location: Vallejo
21,830 posts, read 25,114,712 times
Reputation: 19061
Quote:
Originally Posted by CityDealsLynn View Post
The ability of car insurance companies to base their rates on factors like gender, age, marital status, and zip code can indeed seem discriminatory. However, the exclusion of race from these calculations is a regulatory measure to prevent overt discrimination. While these factors might not seem directly related to driving ability, insurers argue they correlate with risk profiles based on historical data.

For example, young men statistically have higher accident rates than married women, leading to higher premiums. Likewise, certain zip codes might have higher rates of theft or accidents, impacting insurance costs for residents.

While these practices might seem unfair, they're permitted within the regulatory framework governing insurance. However, discussions about the fairness and equity of these practices continue, especially regarding their potential impact on marginalized communities.
Thanks Chat GPT.
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Old 03-18-2024, 08:07 AM
 
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,550 posts, read 81,117,303 times
Reputation: 57750
Quote:
Originally Posted by lepoisson View Post
This is the part that doesn't make any sense. Why are car insurance companies allowed to use gender and age to calculate rates but not race? All are forms of discrimination but somehow one is okay and the other is not.
Young males are not a protected class, the only laws on age discrimination are to protect the "over 40" in hiring. There are many other forms of discrimination that are perfectly legal, such as hair color, hair style, facial hair, height, foot size, baldness, and more.
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Old 03-18-2024, 08:20 AM
 
14,400 posts, read 14,292,176 times
Reputation: 45726
Quote:
Originally Posted by CityDealsLynn View Post
The ability of car insurance companies to base their rates on factors like gender, age, marital status, and zip code can indeed seem discriminatory. However, the exclusion of race from these calculations is a regulatory measure to prevent overt discrimination. While these factors might not seem directly related to driving ability, insurers argue they correlate with risk profiles based on historical data.

For example, young men statistically have higher accident rates than married women, leading to higher premiums. Likewise, certain zip codes might have higher rates of theft or accidents, impacting insurance costs for residents.

While these practices might seem unfair, they're permitted within the regulatory framework governing insurance. However, discussions about the fairness and equity of these practices continue, especially regarding their potential impact on marginalized communities.
These rates are high not because of discrimination, but because of the market. If some major auto insurance company could make money by offering low price car insurance to the 16-25 year group of young men than it would do so. No company that I am aware of does so and its because this group is expensive to insure. Young men in that age group have a high percentage of total DUI offenses and are involved in a higher percentage of accidents than older groups. I'm not entirely sure that young women in that age group are that much better of a risk except for one factor: I think you could show that the average young woman in this group drives fewer miles than the average young man does and is therefore less likely to be in an accident.
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Old 03-20-2024, 10:33 AM
 
10,611 posts, read 12,120,139 times
Reputation: 16779
Gender fluidity… Not that I buy into it, but I would certainly use it to my advantage, if I could…

Last time I checked transgender people were not required to have an actual surgery to identify as a different gender… So could an insurance company forced me to provide information… And if they could what information legally, would they be allowed to force me to provide… If I wanted to claim that I was a gender that they say, has less likelihood of an accident?

I don’t know which gender gets better rates, but let’s say it’s women if women get better rates and a person really is a man can’t they just say they identify as a woman and the insurance company might have to honor that right or maybe not I don’t know I’m just Waxing philosophical here…… And also trying to get creative myself as to how I could get a cheaper rate
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