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0 pointsblacksmith_tb1y ago0 comments

I can't see why the insurance industry hasn't done more to "get people to give up their big cars" - SUVs, in particular. They clearly have the actuarial data showing how much damage those do.

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basil-rash1y ago

If they have the data and you don’t, why do you assume you’re in the right? Insurance isn’t interested in damage, they’re interested in liability, which is much more closely tied to personal injury than property damage. And it’d be impossible to claim SUV’s don’t help protect the individual most at risk of costing the insurance company money.

blacksmith_tbOP1y ago

That's an interesting point, it could be they have a perverse incentive if their insured are well-protected and thus make smaller claims - but I'd think doing more damage to other vehicles would tend to cancel that out?

usefulcat1y ago

That might require some sort of collusion to accomplish. If only one company increases rates for SUV drivers, said drivers will just switch to a lower priced competitor.

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