Unisex Insurance Bills Threaten Higher Premiums Nationwide
The debate centers on Senate 372 and House Bill 100 which would ban sex-based premium tables. Proponents claim equity, while critics warn all buyers, including women and minorities, would pay more for life auto and disability coverages. The measure could raise costs for insured individuals and pressure small businesses to drop benefits.
MENTIONED IN THIS ARTICLE
Senate
U.S
Bob Packwood
R-Cre
House
John Dingell
D-Mich
Institute
Frederick
New York
Koch
New Jersey
Laws on Driver Rates Spark Debate Over Sex Discrimination
The piece argues against bills to remove sex based auto insurance rates. It claims such changes worsen equity by erasing women’s price advantages, while insurers rely on actuarial data to set premiums. Critics warn premiums would rise for women and premiums could undercut truthful risk assessment.
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