Why is it ok for my insurance agency to charge me way more than a woman just because I’m a teenage Male? With all the talk of equality this seems like I point I never hear talked about.

Question

I have been shopping around for car insurance and at progressive I can pay 180$ a month for my own policy. Why can they just charge me more expecting me to crash/ have an accident more than a woman?

In: Other

Answer 1

Statistically women get in more vehicle collisions but when they do it’s hitting someones bumper at 10 mph. When men get in collisions it’s at 70 mph and they take out 6 cars and somebody’s house.

It has nothing to do with fairness or equality. Men cause more damage ergo men get charged more it’s simple math.