Why is insurance lower for people with higher education degrees? Is there truth to it?

Cyndy Grimes: Insurance cos don't assume anything. They have firm numbers to back that crap up.

Karl Samiec: I have a masters degree. I don't believe I have ever been asked for my college degree when buying insurance nor do I see a discount amount on the bill for the higher education.Yes, students can get good student discounts but that disappears when you are no longer a student.

Rocio Karvis: Degrees do not dictate intelligence, they only show you were willing to go through the process. That being said, they don't really care about reasoning as much as they do the statistics. The idea that better educated people are better drivers might be insulting, but you need to separate the reasoning from the statistics. If I said that people with blue eyes were better drivers, you would call me crazy. However, if I had the statistics to back it up, would I still be crazy? Just separate the logic or reasoning from the pure data and you won't get as upset....Show m! ore

Jorge Gerrero: Partly true because they have better knowledge of health related issues thus increasing their life expectancy.

Karie Mavle: It is based only on truthful statistics. Statistically, the more educated have been lower risks in the past. The only "assumption" is that what has been true in the past is likely to remain true in the future. Calling this an assumption is like saying that we "assume" that the sun will rise tomorrow, just because it has done so every day for thousands of years, even though we have no proof of the future.