Insurance Industry At It Again Using Unfair Practises To Increase Auto Premiums!

Auto Insurance

Auto insurers are increasingly using socio-economic factors – such as education and occupation – instead of driving factors – such as mileage and accidents – in their pricing of policies. Insurers have also started to use factors – such as price optimization – that have no relation to risk and loss in this pricing. Which have especially adverse impacts on low-income consumers and people of color.

 

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