BobbyRobertson t1_j5n3o0a wrote on January 24, 2023 at 4:08 AM

Reply to comment by bobupvotes in A Bill Would Require Insurance Companies To Provide Equal Coverage to Dog Owners by NewsHugh

Thanks for the insight!

I understand it doesn't mean it's proof there's no difference between the two situations, but I feel insurance companies should have to show their work to treat people differently. It feels like it'd be too easy for them to overestimate their risk and lock classes of people out of the market. But obviously I'm not in the industry, I'm just skeptical

bobupvotes t1_j5nass3 wrote on January 24, 2023 at 5:13 AM

Pricing is often a race to the bottom. If you’re pricing someone out, another company will gladly undercut you and make the sale. Fact that all companies are practicing this likely means they have some data supporting a difference between breeds but aren’t comfortable coming out and saying there’s a definitive difference.