Vehicle insurance

[anotheoldgit]

http://tinyurl.com/6gvmhyn

Should vehicle insurance premiums be based on 'risk' or 'equality'?

If the answer is 'risk' should it then go as far as persons occupation, their gender, their age, their ethnicity and the car that they drive?

If the answer is 'equality' then obviously;y that should mean complete equality ie male the same as female, entertainer the same as office worker, young the same as old, BMW the same as Mini, black the same as white.

[jackthehat]

Blame Merle Oberon for the inequality of profession-based insurance.........

[R1Geezer]

it should and is based entirely on risk. Occupation does effect the premium.

[squarebear]

Not sure why ethnicity would afftect their risk? What do you mean?

[youngmafbog]

SquareBear, I assume AOG means that if it can be proved that certain ethnic groups, perhaps in relation to where they live, are more or less of a risk then they should pay accordingly.

AOG, this is yet more nonsence from the EU just likwe the ECHR, and before the nitpickers start I class all segments of teh EU as something we shuld leave.

[Ankou]

"SquareBear, I assume AOG means that if it can be proved that certain ethnic groups, perhaps in relation to where they live, are more or less of a risk then they should pay accordingly."

eh ? risk is already apportioned to where the insurer lives/keeps the car overnight. you talkin out yer arse or summink ? we all know what aog meant.

[anotheoldgit]

/// you talkin out yer arse or summink ? ///

Ankou has such a nice choice in words.

[Ankou]

well they came to me in an instant. i guess i have a knack.

[VHG]

>>>Not sure why ethnicity would afftect their risk?

Because like or not, many people from ethnic groups stage fake car accidents to claim on the insurance.

Why should I pay more for my car insurance when these people just fiddle the system, driving all car premiums up.

Just an example (there are many others)

http://www.dailymail....m-ring-face-jail.html

[Zeuhl]

<<many people from ethnic groups stage fake car accidents>>

Surely they are aiming to claim on a victim's insurance not claim on their own so their ethnicity will be irrelevant to the calculation of risk and premiums.

If individuals are committing fraud it is up to the police to prosecute them and has nothing to do with increased insurance premiums for their ethnic group.
.

[The-HouseHusband]

It should stay as it is and be based on RISK, the stats clearly show that young males have the most accidents so they should pay higher premiums.

Maybe it is time to have a black box in every car and pay for insurance dependant on where and when the vehicle is used. I know the liberty gang are going to start shouting Big Brother, but if it saves me money I would gladly have it fitted.

I already have a video system fitted that will store the time leading up to an accident so making the scams mentioned earlier a lot harder to pull off. It has already paid for itself when a driver slammed his brakes on in front of me and although I swerved and hit the brakes i clipped his rear end. On play back of the video it was clear that none of the brake lights were showing when the vehicle was braking and that the vehicle only had one person in it, not the five that the driver had put on his claim form.

[Paul22118]

I would be in favour of insurance companies making a decision based on a much more comprehensive questionnaire. Forget sex, age, where you lived, have lived whatever whatever. Base it on your driving experience, where you drive, how many miles you drive, what are you r qualifications within the driving field, are you a professional driver (HGV PCV etc) or have been, accident record and so on and on. Ask whatever you like to get a sensible picture of the type of driver and risk you really are. Shove it into the computer and get a sensible and realsitic quote.