JSMedia – The disparity in auto insurance rates is no longer just about gender. According to recent statistics, female drivers pay an average of $85 more per year than male drivers in Florida. In addition, women pay an average of 91 percent more in Oregon, New Hampshire, and Louisiana than men. In addition, the gender gap in the cost of car insurance has shrunk in recent years. In Wyoming, women pay an average of $41 more each year than their male counterparts. In Rhode Island, the gap is even greater, at 42%.
The law prohibits insurance companies from charging women more than men for the same policy. Even though women are statistically safer drivers than men, Michigan law prohibits insurers from discriminating based on gender. However, insurance companies rarely follow the letter of the law when it comes to price discrimination or mistreatment of car accident injury victims. As a result, the state’s insurance commissioner will continue to investigate these claims and other forms of price discrimination.
The law also states that insurance companies cannot charge women higher rates than men because women are statistically safer drivers than men. This is illegal, but the Michigan Insurance Commissioner has made it legal for companies to charge women higher rates. The Insurance Commissioner, Lana Theis, accepts campaign donations from auto insurance companies. As a result, her office is unwilling to enforce the law. The state’s legislators must pass House Bill 5111 to strengthen the law and end the discrimination against women.
Gender Disparity in Auto Insurance Rates Is No Longer Just About Gender, Gursten Tells WXYZ
In 2018, women paid an average of $10 more for auto insurance than men. The cost difference was even larger in the District of Columbia and Nevada. The state’s insurance commissioner can pull a company’s license or issue a fine if discrimination is found. Unfortunately, the commissioner was not available for comment. The state’s public information officer, Andrea Miller, said that discrimination based on gender is legal.
The state’s law prohibits car insurance companies from discriminating based on gender. The law prohibits discrimination based on age, location, and relationship status. This is illegal and should be changed immediately. The laws do not allow companies to charge women more. So, what can be done? She says that gender discrimination is a violation of federal law. And the state’s public information officer, Andrea Miller, agrees.
The insurance commissioner has to act now. The state’s insurance department is allowed to offer different premium rates. Because women are involved in more car crashes, they are more expensive to insure. And because men are more likely to file claims than women, they are often the most costly. But it isn’t impossible to stop this discrimination. But the State’s law must be enforced by law.