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Biden: ‘No Basis’ for Racist Car Insurance Rates, ‘Other than You’re Black and I’m White

Posted on 1/16/23 at 5:42 pm
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
31049 posts
Posted on 1/16/23 at 5:42 pm
LINK

quote:

President Joe Biden used a speech honoring Dr. Martin Luther King Jr. on Monday to stoke racial division, accusing car insurance companies of being racist for charging different rates based on location.

If you live in one of those neighborhoods and you have the same exact car I have in the other neighborhood, you pay more for your insurance than that side,” Biden said sternly. “No basis for it! None at all other than you’re black, and I’m white.”


quote:

He also accused housing values of being racist, vowing to tackle the racial disparities that exist in the real estate market.

Biden said:

You know if you build, in the last 25 years, if you build a housing development on one side of an interstate highway and you built the same one on the opposite side and one is predominantly black and the other is predominately white, guess what? The value of the exact same home built by the exact same builder is more valuable on the white side of that highway than the white side. That’s a fact.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19523 posts
Posted on 1/16/23 at 5:44 pm to

Actuarians are racists. Probabilities are racist.
Posted by LRB1967
Tennessee
Member since Dec 2020
15616 posts
Posted on 1/16/23 at 5:45 pm to
What a dumbass! No basis except for the fact that the car is much more likely to be stolen in certain areas.
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37635 posts
Posted on 1/16/23 at 5:46 pm to
quote:

No basis for it! None at all other than you’re black, and I’m white.”




He has been swinging for the fences with his racial pandering
Posted by matty3387
Metairie
Member since May 2018
904 posts
Posted on 1/16/23 at 5:46 pm to
Wrong jackass!!! Just so happens that the shithole, that is new orleans, more drivers don't carry insurance which drives up rates.
Posted by Tantal
Member since Sep 2012
13995 posts
Posted on 1/16/23 at 5:48 pm to
quote:

"If you live in one of those neighborhoods and you have the same exact car I have in the other neighborhood, you pay more for your insurance than that side,”

The chances of having your Challenger stolen in Jackson, MS are much higher than in Southlake, TX, hence the disparity in insurance rates for the same vehicle.

quote:

The value of the exact same home built by the exact same builder is more valuable on the white side of that highway than the white side. That’s a fact.

Any realtor will tell you....you're not just paying for a house. You're paying for your neighbors.

Posted by Plx1776
Member since Oct 2017
16234 posts
Posted on 1/16/23 at 5:49 pm to
Racist racist racist! Democrat party's main platform is to call everything racist and the only way to stop the racism is to always vote Democrat.
Posted by martiansgohome
Maryland
Member since Feb 2004
4650 posts
Posted on 1/16/23 at 5:50 pm to
quote:

The value of the exact same home built by the exact same builder is more valuable on the white side of that highway than the white side. That’s a fact.


Is it also racist that property taxes are also higher for on one side of the interstate in this scenario?
Posted by Bass Tiger
Member since Oct 2014
46121 posts
Posted on 1/16/23 at 5:52 pm to
quote:

“If you live in one of those neighborhoods and you have the same exact car I have in the other neighborhood, you pay more for your insurance than that side,” Biden said sternly. “No basis for it! None at all other than you’re black, and I’m white.”


A Groomer politician never passes up an opportunity to stoke ethnic and racial division……well done faux president.
Posted by Powerman
Member since Jan 2004
162230 posts
Posted on 1/16/23 at 5:54 pm to
I see he learned his ignorance of car insurance from his former boss.

Anyone remember the time Obama was talking about how the insurance company wouldn't replace his wrecked car even though he only carried liability insurance?
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 1/16/23 at 5:55 pm to
I moved 3 miles in my town, and my rates dropped dramatically....

Neighborhood
traffic
dangferous intersections nearby
crime
etc....
Posted by L1C4
The Ville
Member since Aug 2017
13188 posts
Posted on 1/16/23 at 5:55 pm to
Does joe know that your credit rating can effect insurance rates?
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98826 posts
Posted on 1/16/23 at 5:56 pm to
quote:

Actuarians are racists. Probabilities are racist


Facts are racist
Posted by roadGator
Member since Feb 2009
140479 posts
Posted on 1/16/23 at 5:57 pm to
quote:

No basis for it! None at all other than you’re black


What an idiot. A complete fricking idiot.

Good job progstains. Good fricking job.

Posted by LSUvet72
Member since Sep 2013
11917 posts
Posted on 1/16/23 at 5:57 pm to
Let’s Go Brandon......


He needs to go via 25th Amendment.

Posted by NCIS_76
Member since Jan 2021
5246 posts
Posted on 1/16/23 at 5:57 pm to
quote:

A Groomer politician never passes up an opportunity to stoke ethnic and racial division……well done faux president


He said he was going to Unite everyone. That’s was a big lie.
Posted by rb
Georgia
Member since Sep 2012
5633 posts
Posted on 1/16/23 at 5:58 pm to
Insurance is based more on credit score, number of claims, and proximity to fire departments more than any other factors. I’ve seen 4 different black families use one policy and named insured for 10 years before they were caught. They frick the insurance company way worse than the insurance company treats them.
Posted by East Coast Band
Member since Nov 2010
62794 posts
Posted on 1/16/23 at 5:58 pm to
quote:

The value of the exact same home built by the exact same builder is more valuable on the white side of that highway than the white side. That’s a fact.

Then whites should be demanding for fair housing costs.
Posted by Ricardo
Member since Sep 2016
4889 posts
Posted on 1/16/23 at 6:00 pm to
All he's saying is white people will be taxed more to make up for the racial disparity.
Posted by Houag80
Member since Jul 2019
9184 posts
Posted on 1/16/23 at 6:03 pm to
JFC this guy needs to go. What a buffoon.
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