Statistics show young men have more accidents so naturally they will pay more for car insurance. IF statistics showed one race got in more accidents or one race had their cars stolen more could insurance companies legally charge more to them? Serious answers only, please.
Car insurance is not "sexist". It does, however, base it’s rates on proven statistical data. Unfortunately, insurance is the one business that must decide how high their experenses will be BEFORE they incur the costs. There can be no profit if it’s just a guessing game. Once the statistics are verifiable, they must be submitted to the insurance commissioners of that state to be approved before the rates can be released to the company to be used.
If there was a capability to determine someones exact race 100% and there was statistical data to back the rate structure based on any particular races driving habits, I believe there would be scaled rates based on race.
Currently rates are based on marital status, age, occupation, credit history, claims data, sex, type of vehicle, frequency and reason for use of vehicle and multiple other factors.