Posted On: May 29, 2008, 12:22 pm CDT

Posted By: NTXCoog

Model Year - If you have a brand new car, you might have a better credit score/income than someone with a junker.

Age - The average 20 year old doesn't make as much money as the average 45 year old. By charging that 20 year old more, your adversely affecting him more. This is also a variable that the 20 year old can't control.

Make/Model - Buying a Kia vs an Escalade probably reflects income/race.

Prior Insurance/Limits - A poor person/minority might not have been able to previously afford insurance.

Zip code/territory - Obviously this can reflect racial/income disparities.

Homeowner - Again there's a disparity on income/race

MultiCar Discount - A rich family can afford more than one car while a poor family may not

Driving Record - Rich people can afford to have their tickets challenged by a lawyer while a poor person cannot. They can also pay out of pocket for smaller self caused claims so an accident may not be reported to the DMV/insurance company

Paid In Full Discount - Obviously the poor person can't pay for their entire premium while the rich person may.

Mileage - a rich person may be able to afford to move very close to their work while a poor person can only live where they can afford so they may have to driver farther to work.

I assume we should not utilize any of those rating factors as they all show either race or income disparities which could be used to charge more for poor/minorities.