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No disagreement there, but the correlation is apparently causing an increase in car insurance costs, regardless of causation.
by jsgo 8y ago
No disagreement there, but the correlation is apparently causing an increase in car insurance costs, regardless of causation.
- stickfigure 8y agothe correlation is apparently causing an increase in car insurance costs, regardless of causation This does not parse.
- timerol 8y agoInsurance companies notice a correlation, so increase rates to compensate. (Since insurance companies are in the business of spotting and correcting for correlations more than causes.) Therefore a correlation between states which legalize marijuana and increases in accidents cause an increase in car insurance costs. Marijuana doesn't need to cause accidents for this to be the case. What that analysis doesn't take into account is whether the next state to legalize marijuana will also have to deal with increased accident rates and insurance costs. This is IMO the more important question.
- coding123 8y agoI don't think correlation is even necessary to raise rates if there is a 5-6% increase in accidents. Also - in the states that went legal, there is an active population boom, but just as likely is being caused by tech startups. Population increases are more likely to cause an accident rate to increase. We just won't know (for sure) if pot or jobs are the cause for the population increases. Maybe it's pot jobs?
- deleted 8y ago[deleted]
- ska 8y agoThat's how insurance works.