Insurers strike a blow for wimmins lib!

Hal Decks

The Insurance market is very competitive. If you toe the line your premium will not scare you. Act the maggot and you will pay.

Stark

poeticseraphim wrote: »

Women have tp put up with being asked 'will you have kids' in job ineterviews and THAT being used against us..

If there truly was genedr equality this would work....there isn't..

That question is illegal under equality legislation.

peoticseraphim wrote: »

But glad you boys are starting to see the light 'GENDER EQUALITY ROCKS'...so maybe you remember that

No-one is arguing that women shouldn't have full equality.

poeticseraphim wrote: »

Just to point out...no man is actually going to pay less............and Insurance companies have used the eu (WHO WERE STUPIDLY BLIND AT THE POTENTIAL PROFITEERING) regulation to rip more people off.

No man will actually benefit from this.

They will if people do their duty as consumers and shop around when their own insurers refuse to reduce male premiums. Too many people in Ireland stick with the same insurer for years and then complain about being ripped off.

bluecode

The EU rule is stupid because it ignores real world truths. I'm pretty sure every insurance company has plenty of claim statistics. But you don't have to be an expert on the subject to know that young inexperenced male drivers are more likely to be involved in accidents. They are a higher risk then young women and older more experienced drivers.

That's in real world. In the world of EU la la land, that's discrimination. Ironically in favour of men this time.

So insurance premiums for men are higher. I'm not really sure why people thought this rule would result in a reduction of premiums for men. They still remain high risk compared to women. After all men's high premiums were not artificially inflated to subsidise women. They are high because of the higher risk. That's how insurance works. You are insured accorded to the perceived risk.

Now with this ridiculous EU rule. Women must be treated like men for insurance purposes, thus higher premiums even if in reality the risks are lower. Higher profits for the insurance companies.

Of course there are other factors that are considered but don't expect to see your premiums reduced if you're a man.

Capt'n Midnight

Hal Decks wrote: »

The Insurance market is very competitive. If you toe the line your premium will not scare you. Act the maggot and you will pay.

Are you saying we have cheaper insurance than EU average ?
Zurich are having a hard time yet the profit in Ireland is 1% of their global income. Either they are massively overrepresented here compared to the the rest of the world or they are overly profitable here.

Net income fell to $1.08 billion from $1.33 billion a year earlier, the Zurich-based company said in a statement today.
...
Meanwhile, operating profit at Zurich's Irish operations dropped from $15 million in 2011 to $9 million in the first six months of this year, while new business after tax declined from $33 million to $31 million.

cowzerp

I genuinely believe all people regardless of age or sex should start at a starting rate, you drive good it reduces, you drive bad it goes up, Nothing will make people drive better than knowing it will save them money.