25-09-2007, 04:25 PM
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Sir AntiLag
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Join Date: Jul 2005
Location: Gero
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Quote:
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Originally Posted by DarkMoose
Na, we had another training session the other day just showing the level of claims vrs age sex ect.. alot of people might be happy to know that in our new price re-rate u may find that younger drivers are going to be getting a discount  |
Correction, not a discount, a pricing model that more accurately reflects the inherent risk associated to a specific gender and age demographic.
And no sorry Kym, it's not sexual discrimination, its statistical profiling based on internal and external experiences. Most insurance products are priced this way using actuaries to calculate premium....A smoker will pay more for life insurance than a non smoker etc.
My 2 cents for now
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Last edited by WRXTATIC; 25-09-2007 at 04:26 PM.
Reason: very very bad spelling DOH!
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