As a self interested consumer, I guess I want whatever gives me the best price.
But, I do think this can get really tricky, socially. In some places mandatory insurance can be very high. Say a group (lets go with minority men 18-25, sounds plausible) are essentially banned from driving by unaffordable prices 5-10X the average premium. This is not unrealistic. They are disadvantaged in society because of their race and age. Even if you call it fair because it's a optimal, or rational or whatnot, we have the societal impact of disadvantaging people from birth. I think it's immoral.
But, I do think this can get really tricky, socially. In some places mandatory insurance can be very high. Say a group (lets go with minority men 18-25, sounds plausible) are essentially banned from driving by unaffordable prices 5-10X the average premium. This is not unrealistic. They are disadvantaged in society because of their race and age. Even if you call it fair because it's a optimal, or rational or whatnot, we have the societal impact of disadvantaging people from birth. I think it's immoral.