IT'S OK TO CHARGE OLDER PEOPLE HIGHER CAR INSURANCE PREMIUMS

Feb 28, 2013

By AM740 Staff

Share on

 

It’s going to cost older drivers more for insurance.

Ontario’s human rights tribunal has given the green light to insurance companies to charge elderly drivers higher premiums.

In its decision the tribunal said it accepted evidence that drivers over the age of 80 are more crash prone.

The case was brought by a 92-year-old Toronto man.

Denis Olorenshaw argued age discrimination  after his 62-year-old daughter was quoted 250 dollars less for car insurance.

He also said one alternative to charging more would be to base premiums on distance travelled.

But the tribunal said it was impractical …  and said elderly drivers simply pose a higher risk that warrants higher charges.

Advertise With Us

To learn about advertising opportunities with Zoomer Radio use the link below:

Join Our Fan Club
Coverage Area
Downtown Toronto
96.7FM
Toronto HD
96.3 HD-2
Kingston to Windsor, Parry Sound to Pittsburgh
AM740
ZoomerRadio Logo

Recently Played: