Why is it acceptable for car insurance companies to only insure women or people of a certain age, but not..?

..only insure white people, or black people. I know they base it on statistics and all, but even if statistics showed that people of a certain race crashed more I very much doubt a company be allowed to not insure them.

Just a thought.

3 Answers

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  • Anonymous
    1 decade ago
    Favourite answer

    Because it's business and you don't have to do business with them. But I believe if they can discriminate (which they aren't supposed to) like that based on personal preferance, then it shouldn't be a law that we have to buy car insurence. Who knows? They could monopolize and we HAVE to get insurance from them. (that's also illegal, but hey....)

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  • Ray G
    Lv 7
    1 decade ago

    They are a private business and are not obligated to take your money if they don't want to do business with you. They are not a government program, you know. They base their business on stats, and it is very successful that way.

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  • 1 decade ago

    they are a business not a social service

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