Car Insurance

[Lepard]

Can anyone give me an actual explanation as to why 2 door cars have a higher premium than 4 door cars.

 

[DaTT]

Coupe's are considered sports cars.

 

[everman]

Insurance rates are determined by actuarial calculations based on certain statistics.

 

[Lepard]

Sports car? This I knew, but just because they have 2 doors they are considered a sports car? There has to be something else.

Statistics? Which?

 

[QED]

Originally posted by: Lepard
Sports car? This I knew, but just because they have 2 doors they are considered a sports car? There has to be something else.

Statistics? Which?

They probably have statistics that show people who buy or drive 2-door vehicles are more likely to be involved in a motor vehicle accident than those who own or drive a 4-door vehicle.

 

[QED]

DP

 

[jarfykk]

Not sure if you folks know what an actuary is, but they're high-paid statisticians who specialize in figuring out accident and death rates based on ANY number of things.

Factors they look at might include:

-Color
-Doors
-Number of seats (implies family car)
-Engine size
-Turbo/super charged
-Horse-power:weight ratio
-Where it is garaged (by zip code)
-AWD, FWD, RWD, etc.
-Garaged in-door or outside
-Used for business or pleasure
-Length of commute
-Years behind the wheel
-Accident history
-Traffic violation history
-Gender
-Married
-GPA
-Certain professions

All of these vary by locale on both their usage and legality. And I'm sure they have a bunch more things they look at.

This is done to properly price insurance, have drivers who will likely cost the system/company more money (for whatever reason), pay more into it.

 

[SampSon]

Statistics show that cars with two doors are involved in more accidents and traffic infractions, among other factors.

 

[vi edit]

Two doors are also more expensive to replace...larger and have more glass in them.

 

[Squisher]

Originally posted by: jarfykk
Not sure if you folks know what an actuary is, but they're high-paid statisticians who specialize in figuring out accident and death rates based on ANY number of things.

Factors they look at might include:

-Color
-Doors
-Number of seats (implies family car)
-Engine size
-Turbo/super charged
-Horse-power:weight ratio
-Where it is garaged (by zip code)
-AWD, FWD, RWD, etc.
-Garaged in-door or outside
-Used for business or pleasure
-Length of commute
-Years behind the wheel
-Accident history
-Traffic violation history
-Gender
-Married
-GPA
-Certain professions

All of these vary by locale on both their usage and legality. And I'm sure they have a bunch more things they look at.

This is done to properly price insurance, have drivers who will likely cost the system/company more money (for whatever reason), pay more into it.

And, credit score (no, I'm not kidding)

 

[Scarpozzi]

I'm with Geico and get a break because I work for the state. They are the "Government Employee Insurance Company".... Go figure....they have all kinds of silly rules to justify why rates are cheaper for some...usually if you drive a 2 door car, you're less likely to have a family in the car with you...therefore you'll be more likely to do something stupid and wreck? That's their logic.