In another shock anti-discrimination move the EU rule that from 11th June 2013 it will no longer be legal to discriminate based on postal area / postcode.
The move was inspired by a recent executive lunch in Brussels in which one diner observed that insurers are using postcode to rate some premiums cheaper for specific consumers while expecting others to pay more.
The European Commission declined to comment to RiskHeads but we managed to invent the following very likely quote: “We think everyone should pay the same price for their insurance; even serial claimers and criminal gangs deserve a fair chance when purchasing car insurance online.”
Insurance organisations across the country were up in arms:
“Without the ability to rate based on postcode, how will we know who the bad guys are?”
–Roger Baggnakton, The National Insurer’s National Insurance Insurance Database
“Some postcodes are really dodgy. I wouldn’t go to Nottingham’s NG1, would you?”
–Elvis Marteen, Graceland Insurance
“I was thinking about taking the wife to Brussels next year.”
–Burt Badgerton, Airfix Model Appreciators Inc.