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Poor pay more for auto insurance

The poor pay more for auto insurance and that ain't fair. That's the executive summary of a new study by the Consumer Federation of America funded by the Ford Foundation that calls for an end to de facto price discrimination based on questionable rating factors.

Auto Insurance: The Next Frontier In Discriminatory Practices Against America's Poor

They can't even get lower rates if they try. 

Bucks: Lower-Income Families May Pay More for Auto Insurance

Many low-income families cannot afford car insurance, at least in part because insurers price their policies in ways that result in them paying more, according to a new report from the Consumer Federation of America.

January Online Auto Insurance News Wrap-Up

Online Auto Insurance News summarizes some of the biggest stories in the industry that broke in January 2012Rancho Cucamonga, CA (PRWEB) January 31, 2012 A ruling on coverage of “teenage horseplay” in Florida, reports of tens of millions being recovered for consumers, new statewide premium rankings, qualification of a coverage-related ballot measure in California, and cleared hurdles for Florida ...

Advocates: Auto insurance hurts poor

The Consumer Federation of America charged Monday that the nation's poorest drivers are being charged unfairly high auto insurance premiums because of discriminatory practices and the organization called on state insurance regulators to do something about it.

Auto Insurance Limits Would Rise Under Nebraska Bill

The minimum amount of coverage for certain types of liability insurance would increase for Nebraska motorists, under a bill introduced in the state Legislature. State Sen. Paul Schumacher said the financial responsibility requirements for auto insurance need to be changed, …

Watchdog: Auto insurers overcharging the poor

The car owners who are least able to afford high auto insurance rates are getting charged the most for coverage, according to a consumer watchdog group.

Do auto insurers overcharge the poor?

The car owners who are least able to afford high auto insurance rates are getting charged the most for coverage, according to a consumer watchdog group.

Study: Poor People Pay More for Auto Insurance

Low-income drivers are routinely charged higher auto insurance premiums than well-heeled car owners. But why should the poor pay a premium when it comes to premiums? Is the system inherently unfair? Or are there valid reasons why poor drivers tend to represent bigger risks for insurers? The Consumer Federation of America just released a study [...]