Car Insurers Should Not Use Gender to Calculate Premiums

Females & car insurance

Gender discrimination hasn’t been part of our society for decades. Generally, men and women are treated equally in professional realms of modern society. Whether in politics or law enforcement or professional car racing, women have as much opportunity as men.

And rightfully so, of course.

There’s one area, though, where women and men are singled out and charged very different rates for an identical service.

Somehow, during the great battle for gender equality, car insurance companies have remained able to charge far higher prices to men, especially young men, than they charge their female counterparts.

If a new rule in Europe takes hold, that could change.

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European Dealers Selling New Cars As Used – Could It Happen Here?

car lot

Auto sales in the United States have picked up after a few of years of dreadful numbers.

The situation in Europe, though, remains in the toilet, and a new report makes the case that numbers are even far worse than believed.

Bloomberg has reported that a Ford executive said that dealers for brands across the European Union are buying their own inventory, thus providing a boost to new-car sales figures by as much as 30 percent.

Roelant de Waard, Vice President of Marketing, Sales and Service at Ford of Europe, told Bloomberg,

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