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**Hugh** · 18-02-2011, 19:00

It's irrelevant that young women have less accidents than young men, which lessens the risk of payout, therefore their payment for the insurance reflect this - how can it be irrelevant?

I have window locks, approved locks on the doors, and an alarm - this lessens the risk of a burglary compared to a house without these things, so the likelyhood of being burgled is less, so I pay lower premiums - or should I pay the same as someone who has a higher risk of burglary?

You appear to be ignoring the fact that most insurance premiums are based on actuarial statistics, which evaluate (to a reasonably high level of accuracy) the likelyhood of an incident - why should someone who is less likely to have an incident subsidise those who do?

18-02-2011, 19:00	#39
Hugh laeva recumbens anguis Cable Forum Mod Join Date: Jun 2006 Age: 69 Services: Premiere Collection Posts: 45,038	Re: No more cheap insurance, ladies. It's irrelevant that young women have less accidents than young men, which lessens the risk of payout, therefore their payment for the insurance reflect this - how can it be irrelevant? I have window locks, approved locks on the doors, and an alarm - this lessens the risk of a burglary compared to a house without these things, so the likelyhood of being burgled is less, so I pay lower premiums - or should I pay the same as someone who has a higher risk of burglary? You appear to be ignoring the fact that most insurance premiums are based on actuarial statistics, which evaluate (to a reasonably high level of accuracy) the likelyhood of an incident - why should someone who is less likely to have an incident subsidise those who do? __________________ Thank you for calling the Abyss. If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare. If my post is in bold and this colour, it's a Moderator Request.