American insurers charge reckless rich drivers less than safe poor drivers

[lynne]

2. Sorry but that was set up to achieve those results -

- due to the variables they used. They compared a single woman, renter, with a 45+ day lapse in coverage to a married woman who owned her home that had been in an accident with $800. in property damage.

Rules and rates vary from state to state but I didn't see any state reference. The single woman lost a premium discount for not being a homeowner. She also received a premium surcharge for having a lapse in coverage.

The married woman received a discount for owning a home and was not surcharged for having a lapse in coverage. Her accident was not figured into the equation as $800. property damage is - in many states - not enough damage to trigger a premium surcharge. The trigger is normally $1,000. property damage. There is no reference to what type vehicle was insured. If the two women were given different vehicles, that could also make a difference in premium.

The only factor that points to income would be home ownership, which generates a premium reduction with some - but not all - companies.

Pretty much a sham comparison that was geared to get specific results. If they want to do this to prove that those with less pay more they need to compare rates for two women with very different incomes only and not throw in other factors that will impact the premium.