If you want your insurance to cover you, but not fat, sick or other people, then it's not insurance

[jtuck004]

34. It's not that easy. Younger drivers pay more because they are a known risk. They WILL have accidents

in a greater proportion. But ALL of them, general, except for some discounts for grades and other bs (which often don't amount to much) they all pay the same as their peers. And 30-60 year old drivers pay about what other 40-60 year old drivers do.

And, generally, 40 -50 years olds pay about the same as their class. The cigarette smoking is a relatively new thing, and is more of a profit generator than coverage for extra costs. A geriatric patient can cost far more than a cancer treatment, yet that group/class of people all pay about the same rate.

The dog thing is another case in point. Your breed is termed potentially vicious, but is it a golden retriever? They bite more than any dog in survey after survey, yet terrier mixes, (often wrongly called pit bull by people with a lack of training in identification) are just about the same as ANY big dog mistreated and left uncared for. But it's extra money, so why not?

In other words, the class the actuaries look at is not the universe of possibilities, but a subset.

Some companies try to carve out a niche of less risk and market it as such, but have much of a claim or two and the insured is likely to find out that having to get a new company will cost them more on average than it would have had they not gone for the "deal" in the first place.