I won't be buying any shares in Sheila's Wheels!
Jeff
Insurance premiums to change after ECJ gender ruling
In all fairness, this is just another example of the ridiculous PC world we live in
Insurance brokers are basically traders.
Statistics show men are more likely to wrap a car around a tree after taking a bend at 80mph, and therefore are considered greater risk.
It's got nothing to do with gender discrimination
Insurance brokers are basically traders.
Statistics show men are more likely to wrap a car around a tree after taking a bend at 80mph, and therefore are considered greater risk.
It's got nothing to do with gender discrimination
I agree.
Next they'll be saying that it's age discrimination for someone with 40 years' driving experience to pay less insurance than a newly qualified 17 year old!
All Socialist so-called equality laws do is make lawyers and HR consultants richer, whilst making British industry less competitive.
And what right do a group of unelected European judges have to tell British businesses what they can and can't do?!?
Jeff
Next they'll be saying that it's age discrimination for someone with 40 years' driving experience to pay less insurance than a newly qualified 17 year old!
All Socialist so-called equality laws do is make lawyers and HR consultants richer, whilst making British industry less competitive.
And what right do a group of unelected European judges have to tell British businesses what they can and can't do?!?
Jeff
LeTiss 4pm wrote:In all fairness, this is just another example of the ridiculous PC world we live in
Insurance brokers are basically traders.
Statistics show men are more likely to wrap a car around a tree after taking a bend at 80mph, and therefore are considered greater risk.
It's got nothing to do with gender discrimination
No that is not what the statistics show. Statistically women are 38 per cent MORE likely to have an accident per mile driven, but they average fewer miles, and tend to drive at lower speeds. Therefore the research showed that women are a better bet for insurance companies, not that they are safer drivers. As they tend to drive at lower speeds but still have many more accidents per mile driven the reverse could reasonably be argued, but I would still rather be hit by someone travelling at a lower speed.
Here's a thought.
If it's discrimination on grounds of sex what about age?
There is no doubt that Woman's premiums will rise to mens levels and not Mens being reduced. Are we going to see mature drivers premiums the same level as teenagers? ie 3k to insure a Saxo?
I think insurance companies should be able to go about their business how they see fit. It is fair to say you don't see that many women screeching around with their wheels spinning and going 70 in a 30. But you do see them texting and brushing their hair. I was following a lady last week who was on the phone and applying lipstick (in slow moving traffic on the M38 Aston Expressway in Brum) The Police car she was along side saw it too. I had a little chuckle.
The insurance company has to manage it's risk, why do they interfere?
All being said, I am happy enough to live in a society that actually goes over the top defending human rights. We only need to look what's happening in the Middle East to realise how lucky we are.
I think those people are in for some tough times. I wish them well.
If it's discrimination on grounds of sex what about age?
There is no doubt that Woman's premiums will rise to mens levels and not Mens being reduced. Are we going to see mature drivers premiums the same level as teenagers? ie 3k to insure a Saxo?
I think insurance companies should be able to go about their business how they see fit. It is fair to say you don't see that many women screeching around with their wheels spinning and going 70 in a 30. But you do see them texting and brushing their hair. I was following a lady last week who was on the phone and applying lipstick (in slow moving traffic on the M38 Aston Expressway in Brum) The Police car she was along side saw it too. I had a little chuckle.
The insurance company has to manage it's risk, why do they interfere?
All being said, I am happy enough to live in a society that actually goes over the top defending human rights. We only need to look what's happening in the Middle East to realise how lucky we are.
I think those people are in for some tough times. I wish them well.
Isn't it also the case though that women have less serious accidents?
Whilst a woman might prang her car whilst doing reverse parking, a boy racer is more likely to have a collision at 90mph because he thinks he's the Stig!
Jeff
Whilst a woman might prang her car whilst doing reverse parking, a boy racer is more likely to have a collision at 90mph because he thinks he's the Stig!
Jeff
nicrag9 wrote:No that is not what the statistics show. Statistically women are 38 per cent MORE likely to have an accident per mile driven, but they average fewer miles, and tend to drive at lower speeds. Therefore the research showed that women are a better bet for insurance companies, not that they are safer drivers.
I agree. I would extend that to businesses generally.mugsgame wrote: I think insurance companies should be able to go about their business how they see fit.
Where they engage in irrational discrimination, the market will punish them, and they will have to change or give business to their competitors.
IMHO, the state shouldn't be in the business of trying to pick winners...
I'm not.mugsgame wrote:All being said, I am happy enough to live in a society that actually goes over the top defending human rights.
I think it would be great if the police weren't tied up with hours and hours of paperwork relating to a minor arrest, just so that the accused can't claim mistreatment!
If parents and teachers could give an unruly child a clip around the ear without the police being called in.
If known terrorists were made to disappear, and there was a return to 70s style policing, where your local thug who'd been terrorising his neighborhood was given a good hiding.
As things are, we have the head of MI5 boasting about how Britain doesn't practice torture! Sorry, but if someone knows where a ticking bomb is located, I don't have an issue with waterboarding!
They have gone too far down the authoritarian route; we've gone too far the other way IMHO...mugsgame wrote:We only need to look what's happening in the Middle East to realise how lucky we are.
Jeff
Bleedin great, am currently getting quotes to add our 17 year old daughter to the car insurance as she has her test this spring - hope she fails now lol.
A teenage mate of a lad at work just had an accident, got done for reckless driving and 8 points added - cheapest quote is now £15k !!!!!!!!!!
A teenage mate of a lad at work just had an accident, got done for reckless driving and 8 points added - cheapest quote is now £15k !!!!!!!!!!
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CaerMyrddin
- Posts: 1271
- Joined: Mon Sep 07, 2009 10:47 am
Those are insane prices. I pay €350 per year to insure my 95 Corolla, I wonder if you can get an insurance at another european country?
Insurance is all about risk assessment. It's a fact of life that young men are much more dangerous drivers than young women. They have more accidents and more serious accidents, so IMHO this is a ridiculous ruling. What next? Will age no longer be an allowable consideration? Why do so many obviously intelligent judges seem to lack any element of common sense?
What's next Eh
Problem with Judges is that they all went to the wrong University.
In my experience most intelligent people have gone to the University of Life.
Not some closeted cloister of incestuous self belief.
Most can Talk the Talk but cannot Walk the Walk.
Just my Tuppence worth
Problem with Judges is that they all went to the wrong University.
In my experience most intelligent people have gone to the University of Life.
Not some closeted cloister of incestuous self belief.
Most can Talk the Talk but cannot Walk the Walk.
Just my Tuppence worth
Never mind what they are doing with the insurance...have you seen what they are dong to the pension annuities? I dont have the link but they are looking for equality there too! in Essence, if you are a man your annual annuity will be less as they have to give women the same annuity irrespective that they have a longer life on average!