quote:

Originally posted by RogueJSK:
Yes, I knew what you meant. But I figured it was just an inadvertent typo.

I've never seen thousands intentionally abbreviated as M. Only K (or occasionally G colloquially), with M reserved for millions.

It’s a very common symbol in accounting and banking. Roman numeral M is 1,000. So MM is thousand thousand or Million. When writing loan requests we use it. I use K much more often in non bank life. Just a Freudian slip

Happy empty nester here. But I vividly recall my son getting his license. We had a late model BMW as the wife's daily driver. Mine was a 6 year old Camry. We also had a rapidly rusting older Tacoma in the driveway. They made him the primary driver on the BMW!?! When I called them on it they said I had to prove he was not the primary driver of the most expensive and fastest car in the stable. By end of business that day I was with a different carrier.

When we added our son to our policy when he turned 17, we added him to the oldest car in the our household (2012 Honda Civic). That particular car's full coverage insurance went up by $220 per month. Ouch! But there is no way around it. Even with good grade discount and safety driving class certificate. My guess is the young age, brand new driver really cost a LOT!!!

What made me leave our previous insurance (insured with them for 15 years) was the fact that the rates kept on going up the past 3 years. We have 5 vehicles, Home Insurance and Life Insurance with the same company. The vehicle insurance just kept on going UP each year. I was paying $670 a month for 5 vehicles 3 years ago. The following year, it went up to $840/month. The this year, I received another notice that it is going up again to $930/month. That was when I said F that!!!

I walked into a AAA insurance office. Handed them the 5 policies. I asked them to give me a quote that is EXACTLY the same as what we have. Ended up paying $680/month for all 5 vehicles in our household. I asked them to sign me up. After I walked out with the new policy, I drove to our Statefarm agent's office and told them to cancel all vehicle policies.

I will be moving our Home Insurance to AAA this coming February when it is time to renew.

quote:

Originally posted by synthplayer:

Why is it not a valid argument with regard to insurance prices, but it is a valid argument when it comes to a certain demographic's propensity to commit crime? Or, that same demographic's propensity to ruin rental property? If a property owner studies statistics and then decides based on those statistics who he will rent his property to, he'll be accused of discrimination. Why is it permissible with insurance companies, but not by property owners? It's all based on profit margins?

It's a perfectly valid argument. It's just that Federal law prohibits one (Fair Housing Act, for example; no fair discriminating in housing) where no law prohibits the other (no such Federal law covering automobile insurance).

I'm also not sure you'd find the same breadth of evidence to support "This group destroys rental property" as there is to support "Teenage boys get into accidents."