Blue-collar workers pay more for auto insurance, analysis finds
The study is the latest in a series of reports CFA has released in the past 18 months showing that low- and moderate-income drivers in urban areas are charged higher rates. These reports also revealed a pattern of discriminatory practices that work against drivers who are single, rent, lack continuous insurance coverage and live in moderate-income areas. This study shows those who have less education or work in low-status jobs will often pay more for coverage.
''The American public knows that it is unfair for auto insurers to use factors like education and occupation in setting rates," said J. Robert Hunter, CFA's director of insurance and a former Texas Insurance Commissioner. "In effect, auto insurers are discriminating on the basis of income and race. States should prohibit the use of these demographic factors that bear no logical relation to insurer risk."
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