CFA Asks Regulators to look at Price Hikes around Adjacent ZIPs and Mitigate Economic and Racial Pricing Discrimination predicated on Residence

Washington, D.C. – Many good motorists in ten US towns tested by Consumer Federation of America (CFA) are spending way too much for automobile insurance due to their home ZIP rule, the company reported today. CFA’s research points to significant premium variations in each area among neighbors residing within 100 yards of every other in adjacent ZIP codes, sometimes because close as next door or door that is even next. In each city tested, the higher-priced ZIP rule had a lowered income that is median a higher portion of non-white residents compared to the neighboring, lower-premium ZIP code. Continua a leggere