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Would the likelihood of a crash be the same between a Civic and an Aventador? A priori, I would assume they would be different. By how much, I don’t know - but
by fwlr 3y ago
Would the likelihood of a crash be the same between a Civic and an Aventador? A priori, I would assume they would be different. By how much, I don’t know - but I imagine the insurance companies do know, and they’re pricing the insurance respectively. Insurance companies also change their price based on the gender and age of the driver and how much they use the car. Insurance companies are businesses who want to make money so they’ll charge as much as they can, and they’re also competing with other insurance companies so they’ll also try to undercut each others prices.
My point is that they have a lot of data, a lot of incentive to use that data, and a lot of pressure on their pricing. There just doesn’t seem to be very much room to also fit in “let’s all fuck over poor people to save rich people some money”.