OT Car insurance rise?

[Jethro_uk]

(drifting OT) Since gender can no longer be used as a marker for actuaries, how come marital status can ? Aren't both protected characteristics for the purposes of law ?

[Peter Johnson]

When I was trying to negotiate a downwards renewal a couple of years ago, and noticed that I allegedly had access to more than one car I asked for that to be removed because it shouldn't have been on, but the price went up, eSure telling me that I would be a better risk if I had access to more than one vehicle.

[Spike]

So is age...

[JNugent]

During the 1970s, I had several years of policies (and certificates) which simply purported to cover any car I owned and did not mention any specific vehicle at all. The reason was that the cert then didn't need to be returned for amendment on a change of car.

ISTR that this was discontinued, and a registration mark compulsorily included, in the latter part of the decade, possibly due to a change in the law.

[Jethro_uk]

Does insurance vary that much with age ? The main reason 17 year olds are quoted eye watering prices is more because they have zero demonstrable miles under their belt.

Obviously experience is a proxy for age. However I notice (with more interest) there has been a quiet campaign to remove such markers from places where discrimination is actionable. Like job adverts for example.

[JNugent]

So why would a newly-qualified 30-yr-old be able to get cheaper quotes?

The answer is that teenagers are actuarially more likely ("less unlikely" if you prefer) to be involved in expensive accidents.

Is there a law on age discrimination?

[Jethro_uk]

Age is a protected characteristic. As much as sex.

[JNugent]

Protected by means of what?

[Jethro_uk]

2010 Equality Act in the UK.

[JNugent]

So what does it say?

Ten-year-olds allowed to drive HGVs?

Something else?

[rbowman]

The insurance on my bikes is nominal, a little over $100 / year for each. Motorcycle insurance is not required in this state which may keep them honest.

My first bike was a '55 FLH when I was 18. I called up the family insurance man to inquire about a policy. He asked what the displacement was and I said 74. When he asked 'cc's' I should have kept my mouth shut.

[Robin]

"Protected" does not mean "thou shalt not have any regard to". And the Act (as amended) *explicitly* allows discrimination by age for financial services where objectively justified. That includes for insurance purposes on the basis of evidence that old farts (<waves>) are greater risks.

[alan_m]

Is it fully comprehensive for the "other" vehicle or just third party?

[mm0fmf]

Who says married people are of different genders?

[Chris Green]

Mine's (I'm the 75 year old just up there) is not much more, just over £100 for a pretty new Yamaha FJR1300.

[Jethro_uk]

Oh I know :)

But mysteriously stops at sex :)

I got quite a bit of work out of the gender ruling ...

[Jethro_uk]

Gender is not a protected characteristic.

[rbowman]

The V-Strom, DR650, and Sportster are all slightly different but are in the same range. I don't know what magic they use to determine the premium. The V-Strom has the most bodywork and that may be a factor. I've never had a claim on a bike so I don't know how that works.

[Commander Kinsey]

Are you saying insurance for a similarly experienced male and female driver must cost the same?

[Commander Kinsey]

They should be allowed to if they're capable. Obviously most couldn't pass the test.