News article wording

[roup42]

The wording in this article from the Times really goaded me. Not that it surprised me in the least. It's consistent with how the issues are always presented.

A study last year by Consumers Union noted that a woman with 22 years of driving experience and a good record, residing in predominantly white Westchester, would pay $1,443 a year with

Comments

[roup42]

I don't get what you're saying and don't get what you mean by saying I'm being dense. Insurers don't rate by economic status -- I have no idea what you are talking about there. Urban Beverly Hills is going to be higher cost than Encino, but who is richer?

By "price cap" I mean for the more higher-cost ZIP code, because you are having a legally mandated price cap forced on it -- you can't charge it more than the state average. Hence you will have a shortage of insurance in that higher-cost ZIP Code.

I would be willing to bet $1 million, if the scheme we're talking about went into effect tomorrow with every insurer in the state -- "Great news everyone, we will no longer 'unfairly' rate by where you live but just by whether you are a 'good driver' or not!" within 5 years you would be seeing banner headlines in the paper about a crisis about how people in higher-costs areas couldn't get insurance because companies were unwilling to write it there because they couldn't make a profit. Leading to tons of uninsured drivers. I Guaran. Fuckin. Tee.

And who would be the villains? THE INSURANCE COMPANIES! Because they are REDLINING!

[fastlearner]

We're somehow completely missing what the other is saying. Everything in that last post makes no sense whatsover based on what I'm saying, so I'm just going to have to assume that we can't communicate with each other on the topic.

[roup42]

Well I'm just going to have to assume that I'm right and you're wrong then. :)