v8volvodude asked:


I am about to purchase a 1997 Volvo 850R sedan from a private individual. I am in Indiana. I have never had my own car insurance, always being on my mom’s plan while in high school and college. Now that I have to set up my own plan, I have received quotes from Progressive, Esurance, Nationwide, and a few others, and everything looks and sounds pretty much the same to me. My mom has given me advice on what kind of plan to get, but I was wondering, is there a good or specific insurance company for someone like me? A male under 25 with a clean driving record and no tickets or violations? Does anyone have any good advice or horror stories from any specific car insurance company? What has worked best with you and your plan? I would like to get the insurance lined up by Tuesday or Wednesday, so any advice on where and how to go about it would be greatly appreciated.

Ashley

Elana asked:


Should men be discriminated against? (Car insurance)
How about blacks because BEING black is more likely though not necessarily going to have you live in a high crime neighborhood? (home owners insurance)

And here’s the most extreme I’ve seen to date:

http://www.insurance.za.org/first-for-women-insurance-quote.htm

It doesn’t matter whether I am get the big end or the little end of the stick, it doesn’t seem right to me. I can understand changing insurance rates on the basis of past driving record, but for probable future record?
(Yes, I know that homeowners insurance is on the home, not the individual)

(Yes, I know that per month, women statistically will claim less insurance payment then men)
I know WHY insurance companies do it.
I do not know why we LET them do it.

I know full well that on average women will file less dollar claims per unit time than men, but this country does not, in general, permit discrimination on the basis of stereotypes … no matter how valid those stereotypes may be.

Do we allow companies to discriminate between men and women when they hire based on whatever statistics the company management may have about who makes better employees (comes to work more often, etc)?

No … we make them operate on the basis of PERFORMANCE.

Why do we let insurance companies stereotype us. Doesn’t that encourage others to stereotype?

Again, I understand why insurance companies do it (they’re in business to make a profit). Never-the-less, why do we, as Americans, put up with it?

Susan

Scholes asked:


I’m doing a school project for economics. Where is a place to get a free rate quote without giving out personal information such as your telephone? Or is this possible? What do you think?

Thanks 10 pts.

Ramon