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Old 17-02-2011, 19:38   #10
martyh
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Re: No more cheap insurance, ladies.

Quote:
Originally Posted by Hugh View Post
V strange - young women are statistically less likely to have an accident or be charged with a driving offence; since insurance is usually based on actuarial evidence, changing this seems counter-intuitive.
That's exactly why women get cheaper car insurance ,insurance is based on risk and probability not gender so they could still be able to get away with giving cheaper insurance .Having said that and knowing how greedy some insurance companies are they will be lapping this up as not only do people have to have insurance by law ,companies won't have to take risk into concideration .Complete money spinner for the insurance companies
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