New Insurance rules

Easter Bunny · World Chat Champion Joined: 20 Aug 2010 Karma :

From December 2012 insurance companies won't be allowed to take gender into account when they calculate vehicle insurance premiums.

https://www.theaa.com/insurance/news/gender-directive-affects-car-insurance.html?cid=AA_ezine_nonmember&pla=April

says CAR but sure it'll be the same for bikes, vans etc
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bikertomm · World Chat Champion Joined: 03 Jul 2010 Karma :

So they can't discriminate on gender... what about age Razz

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blurredman · World Chat Champion Joined: 18 Sep 2010 Karma :

What about sexual orientation. Studies say that gay men's brains work the same way as a woman's. And vice versa.
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CBT: 12/06/10, Theory: 22/09/10, Module 1: 09/11/10, Module 2: 19/01/11
Past: 1991 Honda CG125BR-J, 1992 (1980) Honda XL125S, 1996 Kawasaki GPZ500S, 1979 MZ TS150.
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Rogerborg · nimbA Joined: 26 Oct 2010 Karma :

pinkyfloyd · Super Spammer Joined: 20 Jul 2010 Karma :

From what I have gathered is the womans insurance was cheaper from certain companies and they are bringing it all into the same price bracket.

But rather than meet half way by lowering the normal insurance companies they are increasing the cheaper female companies.
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illuminateTHEmind wrote: I am just more evolved than most of you guys... this allows me to pick of things quickly which would have normally taken the common man years to master
Hockeystorm65:.well there are childish arguments...there are very childish arguments.....there are really stupid childish arguments and now there are......Pinkfloyd arguments!
Teflon-Mike:I think I agree with just about all Pinky has said.

Souleh · Trackday Trickster Joined: 08 Nov 2010 Karma :

Articles said (ages ago when this was news..) that mens would drop by 10% and womens would go up by 25% on average.

The difference is made up by the massive amount of more men on the road

Easter Bunny · World Chat Champion Joined: 20 Aug 2010 Karma :

I might have to cancel my op!
I had worked out I could get the cost back over 13 years worth of reduced premiums!
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The light at the end of the tunnel is an oncoming train!

pinkyfloyd · Super Spammer Joined: 20 Jul 2010 Karma :

Kickstart · The Oracle Joined: 04 Feb 2002 Karma :

pinkyfloyd · Super Spammer Joined: 20 Jul 2010 Karma :

Keith, Dont give them ideas!
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illuminateTHEmind wrote: I am just more evolved than most of you guys... this allows me to pick of things quickly which would have normally taken the common man years to master
Hockeystorm65:.well there are childish arguments...there are very childish arguments.....there are really stupid childish arguments and now there are......Pinkfloyd arguments!
Teflon-Mike:I think I agree with just about all Pinky has said.

Kickstart · The Oracle Joined: 04 Feb 2002 Karma :

Hi

They already have the idea. No real extra reason why they should increase premiums overall when the enforced change happens over any other time.

They want their profits. If there costs go up then they just want more of our money to keep their profits up. More people rip them off the more their costs go up and the more the premiums go up. Hence with people claiming for everything and adding almost the same again (on average) in legal bills and our insurance will go up without any negative impact on their profits.

All the best

Keith
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M1ghtyDUck · Scooby Slapper Joined: 24 Jul 2007 Karma :

Kickstart · The Oracle Joined: 04 Feb 2002 Karma :

Hi

When legislation should be pushing the rates down then I suspect the press coverage will be just as bad if rates don't go down.

All the best

Keith
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Rogerborg · nimbA Joined: 26 Oct 2010 Karma :

PiaggioNRG · Derestricted Danger Joined: 02 Apr 2011 Karma :

C-Pk · Nova Slayer Joined: 19 Jul 2010 Karma :

Let me say this now as I predict this will happen with the new ruling.

Some people believe that Insurance for women will get more expensive and for men will get cheaper.

I reckon different. It will increase for women and remain the same for men. Every year insurance prices increase. I just can't see that changing.
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aurther11 · L Plate Warrior Joined: 10 Jul 2011 Karma :

Maybe, but they could just increase both by 10% now if they wanted more profits.

LordShaftesbu... · World Chat Champion Joined: 03 Sep 2008 Karma :

ms51ves3 · Super Spammer Joined: 07 Jun 2007 Karma :

tvr321 · Nitrous Nuisance Joined: 20 Sep 2009 Karma :

What a fucking stupid law.

In the name of combatting discrimination, yet it goes completely against common sense.

It's going to end up costing us all more in the end.

Seriously, fuck the EU.

bikertomm · World Chat Champion Joined: 03 Jul 2010 Karma :

shadowbiker12... · Derestricted Danger Joined: 27 Jul 2011 Karma :

Insurance companies work like this - Give me a boat load of money cos the law says you must be insured - if you have an accident and claim - then you must still give us a boat load of money and whatever we had to pay out we'll get back off you by increasing your insurance payments - mmmmm maybe i'm in the wrong business Smile