Go call the 2 billion dollar industry boys... Obviously they did cover their arse.. High Premiums for Low Hour pilots(coincidence we have more low timers then the high TTers?)Intentional Left Bank wrote: Funny, I always thought that those actuaries making up those tables for the insurance underwriters had a tendency to cover their asses, and those of their employers and investors. Evidently, you think that they are wrong (as I admit I too did when I had 500 hrs). I'm sure every CP in Canada would also be receptive to your insights.
Dollars and cents.. It doesn't matter who is safer, they'll create policies that make them the most money. If the auto insurance business can get 500/mth for a "kid" whose 24 and charges a 40 year old 300/mth, you tell me who's making them the most money..
Insurance is fraud, created by your government to screw you over. If you can't see that.. Well, I pity you..
