Further to our post earlier on the European Court of Justice's flawed decision on equal insurance premiums for male and female drivers, Dizzy has an interesting post here:
http://dizzythinks.net/2011/03/asessing-risk-will-never-be-as-cheap.html
Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts
Friday, 4 March 2011
Sexism And Car Insurance
Tuesday, 1 March 2011
The European Court Of Political Correctness
The European Court of Justice has ruled that it is unlawful for insurance companies to offer cheaper insurance to female motorists despite the fact that they have fewer accidents.
The change, which comes into force in 2012, will see women paying significantly more for their insurance, whilst men will pay slightly less - effectively being subsidised by their female counterparts.
Whilst gender equality is an important goal, this is not an example of it. Insurance companies assess the risk of insuring motorists based on many different demographic factors. If it is discriminatory to ask men to pay more, it follows that it is also discriminatory to ask younger people to pay more, or people who live in deprived areas with higher rates of vehicle crime.
Followed to it's logical conclusion, this decision by the European Court of Justice is, well, unjust.
Subscribe to:
Posts (Atom)