Looking for fairness in insurance rates - News Summed Up

Looking for fairness in insurance rates


Your postal code is a big factor in determining your car insurance rates. Critics say it shouldn’t be, March 10I am glad the Star has chosen to call out the unfair practice of using statistics to set rates for automobile insurance. I would encourage you to expand your campaign to cover similar unfair practices in the life and health insurance markets. Going south this year my travel insurance rate was 35 per cent higher than a fellow traveller, and even then they refused to cover any expenses related to my “pre-existing” conditions. Even worse though, is the ridiculously higher premiums they want for life insurance, if someone in my position can even get coverage.


Source: thestar March 12, 2019 09:00 UTC



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