Insurers strike a blow for wimmins lib!

Spread · 15-10-2012 02:10PM #1

How come the girls weren't fighting tooth and nail for this equality over the decades?

http://www.independent.ie/business/personal-finance/latest-news/car-insurance-for-200000-women-to-increase-by-300-3258956.html

BraziliaNZ · 15-10-2012 02:12PM

Irish insurance company in f**king over it's customers shocker!

TheFruitarian · 15-10-2012 02:12PM

Selling popcorn at just €1, get your hot popcorn here!

Capt'n Midnight · 15-10-2012 02:15PM

They are raising the premiums for women, but they are not lowering men's insurance costs.

This is all you need to know,

It's a money grab.

Kurz · 15-10-2012 02:16PM

https://www.youtube.com/watch?v=7_lo3yiZd2k

tmc86 · 15-10-2012 02:17PM

Rather than increase prices for women, they should meet halfway by reducing male premiums and increasing women's premiums but not to the extent that they are saying.

The insurer's are actually benefiting from their new "equality stance" rather than the consumer - they're making more money by claiming "equality" yet the original maths still stands as women are a lower risk but they are now being charged the same.

Women = low risk = low premium
Men = higher risk = higher premium

Equality revision
women = low risk = higher premium
men = higher risk = higher premium

Claiming "equality" is actually a clever revenue generating model - the difference should be split between the two sexes

Shock horror, the Irish people still being F*cked over in a recession

Dravokivich · 15-10-2012 02:17PM

I think we all consider it a shame that rates weren't adjusted so that they were even, to cover the balance already being paid to insurance companies instead of seeing it as a means to raise women's costs similar to men and getting themselves a nice big bonus from it.

It's another win for insurance companies here.

-Its compulsory
-They make up their own rates
-They got a free boost to their women's rates

Seriously it's a business model that can't go wrong.

...unless your surname is Quinn.

jester77 · 15-10-2012 02:19PM

BraziliaNZ wrote: »

Irish insurance company in f**king over it's customers shocker!

It's all EU insurance companies and not just Irish. I got a letter from my financial advisor a few weeks back. Life- and health- insurance for men are going to increase considerably after Dec. 21st. I can expect a 20-25% rise in my health insurance premium so that I am on equal par with womens health insurance. Bloody joke, that works out at an extra €100 a month for me. F*ck these equal rights

MistyCheese · 15-10-2012 02:19PM

I'm all for equality. Car insurance quotes should be dependant upon the safety record of the individual driver and not biased towards a gender.

Now, as for your question "how come the girls weren't fighting tooth and nail for this equality over the decades?" well, who the Hell fights to pay more for a service? The bias here is against men so perhaps men were too lazy to fight for their own equality in this area.

I would like to see the inequality evened up however I don't see why one group should pay more instead of the other group paying less.

Guy:Incognito · 15-10-2012 02:24PM

"AS many as 200,000 women are facing motor insurance increases of up to €300-a-year, the Irish Independent has learned"

On the ball as usual are the independent.

This news is at least a year old if not more.

dark crystal · 15-10-2012 02:24PM

Spread wrote: »

How come the girls weren't fighting tooth and nail for this equality over the decades?

http://www.independent.ie/business/personal-finance/latest-news/car-insurance-for-200000-women-to-increase-by-300-3258956.html

Because the risk to the insurer wasn't equal. From your own article:

Women have traditionally paid much less for insurance than men because they are less risky drivers.

They are raising the premiums for women, but they are not lowering men's insurance costs. This is because men are involved in a far greater number of serious and expensive accidents.

Anyway it seems to me that in this scenario, neither gender are benefiting, only the insurance companies.

markpb · 15-10-2012 02:27PM

Guy:Incognito wrote: »

This news is at least a year old if not more.

The EU ruled on it a year ago but the change only comes into effect next year.

TheBoss! · 15-10-2012 02:31PM

MistyCheese wrote: »

Now, as for your question "how come the girls weren't fighting tooth and nail for this equality over the decades?" well, who the Hell fights to pay more for a service?

It's wasn't about fighting to "pay more" - the point is put to show that equality was not sought in that area as the bias that existed, suited women, which would be fine if those groups were merely "women's rights" groups, but that wasn't the case, as the OP is referring to those that defined themselves as Equality seeking organizations.

The bias here is against men so perhaps men were too lazy to fight for their own equality in this area.

Men weren't "too lazy", they argued against the bias for years but were usually just laughed at and accused of whinging. Male lobby groups never had the ear of politicians in the same way as our sexual counterparts.

Spread · 15-10-2012 02:32PM

dark crystal wrote: »

............................................................
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Anyway it seems to me that in this scenario, neither gender are benefiting, only the insurance companies.

Exactly. I think they should have lowered men's and raised women's to a mid level. The idea of Insurance is to spread the risk ......... but compulsory insurance (CAR) is a cash cow for the Insurance industry. Surely the Ombudsman should put the slide rule over this.

Lando Griffin · 15-10-2012 02:33PM

Insurance for women goes up adding extra expenditure to the family.
Calls OH to break it off.

Stercus Accidit · 15-10-2012 02:36PM

Insurance companies are rival businesses, sooner or later they will reduce male premiums due to the extra revenue from the women so that they can out price each other. That is assuming they are not colluding on prices which is illegal.

Spread · 15-10-2012 02:41PM

Stercus Accidit wrote: »

Insurance companies are rival businesses, sooner or later they will reduce male premiums due to the extra revenue from the women so that they can out price each other. That is assuming they are not colluding on prices which is illegal.

Ahem! But that then will not be the homogenised version.

smcelhinney · 15-10-2012 02:50PM

About time too.

And all the women out there thinking, "ah feck that, why should we pay higher premiums when men are the risk factor.." B0!!ox to that.

I have 0% chance of getting pregnant, but still pay for your maternity leave.

/runsandhides

Pherekydes · 15-10-2012 02:52PM

It'll be really amusing if my insurance goes up because of this.

RossyG · 15-10-2012 02:56PM

Spread wrote: »

How come the girls weren't fighting tooth and nail for this equality over the decades?

Because the feminist movement - what there is of it - isn't really about equality. That's why they call themselves feminists not equalitists.

dark crystal · 15-10-2012 03:01PM

smcelhinney wrote: »

About time too.

And all the women out there thinking, "ah feck that, why should we pay higher premiums when men are the risk factor.." B0!!ox to that.

I have 0% chance of getting pregnant, but still pay for your maternity leave.

/runsandhides

Ahem...women don't get pregnant on their own y'know. Men have a 50% stake in a pregnancy

I'm sure many women would happily give up their maternity leave if the man could carry, deliver and breastfeed the baby instead!

Spread · 15-10-2012 03:02PM

dark crystal wrote: »

Ahem...women don't get pregnant on their own y'know. Men have a 50% stake in a pregnancy

I'm sure many women would happily give up their maternity leave if the man could carry, deliver and breastfeed the baby instead!

I find your first part very anti turkey baster

Capt'n Midnight · 15-10-2012 03:06PM

Stercus Accidit wrote: »

Insurance companies are rival businesses, sooner or later they will reduce male premiums due to the extra revenue from the women so that they can out price each other. That is assuming they are not colluding on prices which is illegal.

A while back it was revealled that Irish car insurance companies were more proffitable than UK ones.

And that wasn't per capita.

They were making more on the much smaller Irish market than the UK one.

Then again PMPA, ICI and Quinn have shown that there isn't much regulation in the Irish insurance market.

15-10-2012 03:18PM

Because it has nothing to do with equality, it should be based on stats. Much like women paying more to purchase an annuity is fair and based on stats.

Lordfranto · 15-10-2012 03:18PM

Insurance companies are the biggest legal scam on the planet. i had my insurance down to under 300 fully comp im a guy in.my 30s, im also a driving instructor and have numerous other extra advanced driving qualifications to my name. anyway bout 2 years i get my renewnal and is gone up by over 150 no accidents or claims ever. i ring and ask why and im told its because of al the flooding in the west of Ireland that winter, i ask cars being flooded. im told no houses and property! now if thats not a scam i dont know wot is, my car insurance in Dublin went up cos soneones house got flooded in galway.

seamie87 · 15-10-2012 03:20PM

Now what we need for true equality is equality between the sexes in workplace deaths and suicide.

Ares · 15-10-2012 03:31PM

Spread wrote: »

How come the girls weren't fighting tooth and nail for this equality over the decades?

http://www.independent.ie/business/personal-finance/latest-news/car-insurance-for-200000-women-to-increase-by-300-3258956.html

Because sexism against women is completely disallowed but sexism against men is ok and not really a problem. Positive sexism. What a wonderful world we live in.

nice1franko · 15-10-2012 03:36PM

Capt'n Midnight wrote: »

This is all you need to know,

It's a money grab.

Same as the penalty points grab: "higher premium if you have penalty points. Same premium if you have no penalty points"

Spread · 15-10-2012 04:56PM

Is there not an Ombudsman to sort out these inequalities?

Capt'n Midnight · 15-10-2012 04:57PM

Lordfranto wrote: »

Insurance companies are the biggest legal scam on the planet. i had my insurance down to under 300 fully comp im a guy in.my 30s, im also a driving instructor and have numerous other extra advanced driving qualifications to my name. anyway bout 2 years i get my renewnal and is gone up by over 150 no accidents or claims ever. i ring and ask why and im told its because of al the flooding in the west of Ireland that winter, i ask cars being flooded. im told no houses and property! now if thats not a scam i dont know wot is, my car insurance in Dublin went up cos soneones house got flooded in galway.

Remember 9/11 ?

In this part of the world (ROI/UK) the government pay out for terrorist damage

Our premiums went up despite ZERO risk.

TheBoss! · 15-10-2012 05:09PM

bluewolf wrote: »

Because it has nothing to do with equality, it should be based on stats. Much like women paying more to purchase an annuity is fair and based on stats.

Only a neanderthal cavewoman would believe that women should have cheaper car insurance.

Your suppression of us men based on our weaknesses is coming to an end, do you hear me, an end!!

Insurers strike a blow for wimmins lib!

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