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Should black male pay more than a white one? (and now we're stepping onto a really slippery slope)
by AlexTWithBeard 6y ago
Should black male pay more than a white one?
(and now we're stepping onto a really slippery slope)
- sokoloff 6y agoShould they pay more because they’re black? Of course not! Because they’re in a group which the actuarial data say costs more in payouts? Why not? Being black should be irrelevant; it should not itself cost a premium nor protect from paying a premium.
- AlexTWithBeard 6y agoSo if, say, black males 16-26 are statistically more likely to get into car crash than any other group, it's perfectly legal to make them pay the highest insurance premium, right?
- sokoloff 6y agoAssuming all other factors are equal (that the crashes are more frequent and equally costly per-crash to the insurance company, etc), then it’s perfectly appropriate to charge any cohort the most if they’re the most expensive cohort to insure. I can’t comment on the legality, as it might be illegal in some places.
- AlexTWithBeard 6y agoWell, following the same logic, should it be legal for a mall to ban entry to all black people, because they have the highest chances of being shoplifters?