u/Skyclubcanada

Hey everyone, I'm doing personal research on how accessible insurance products are for new immigrants in the US, and I keep hitting a pricing paradox I'd love the actuarial view on.

Most carriers don't count foreign driving experience - someone moving from India or Europe with 10+ clean years gets priced near new-driver levels, often 2-3x standard. Meanwhile the population studies I can find show recent immigrants have lower serious crash rates than long-term residents, not higher.

So for people who've worked personal auto pricing: is the treatment of these drivers based on loss experience someone actually studied, or is it a conservative default because foreign history can't be verified?