A study from a consumer group found that the largest auto insurers charge “discriminatory” higher premiums to safe drivers than those who cause accidents, mainly harming low- and moderate-income drivers.
The Consumer Federation of America released its third report studying auto insurance premiums, studying policies in 12 cities using the websites of the five largest car insurers: State Farm, Allstate, GEICO, Farmers and Progressive.
Those insurers comprise over half the private car insurance market, according to CFA.
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1 comment:
It has always been thus...based on your credit score. I have no idea why talents of driving a car have anything to do with credit scores, but car insurance companies have been doing and saying this out loud for the 42 years I've been driving! Have you been living under a rock for that long?????
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