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EU courts Ruling

 by phil , Wed Mar 02, 2011 9:11 am

The European Court of Justice in Luxembourg has been meddling in things that don’t concern them again. European judges have outlawed the setting of car insurance premiums based on gender. They say that this practice is unlawful and has to stop by December 2012.

Insurance companies have always settled their rates of insurance on statistics and these statistics have always shown that women are safer drivers. This being so they can get up to 25% more discount on rates than men can.

I see a couple of flaws with this ruling, does this mean that the rates will even out for both sexes or will it just increase for women drivers thereby increasing profits for the insurance companies.

The other thing is, I now see the boy racers approaching the European Courts with the same idea in mind claiming higher rates for them is ageist and thereby unlawful.

Phil


Make Love, Not War

phil

Thread overview

Subject Author Date
EU courts Ruling phil Wed Mar 02, 2011 9:11 am
RE: EU courts Ruling Voltman Wed Mar 02, 2011 9:54 am
RE: EU courts Ruling mikejee Wed Mar 02, 2011 2:34 pm
RE: EU courts Ruling phil Thu Mar 03, 2011 9:37 am
RE: EU courts Ruling Sheldonboy Thu Mar 03, 2011 8:39 pm
RE: EU courts Ruling phil Thu Mar 03, 2011 9:05 pm
RE: EU courts Ruling Voltman Fri Mar 04, 2011 8:14 am
 

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