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Group says car-insurance rates unfair to poor
The Consumer Federation of America is charging that the nation's poorest drivers are being charged unfairly high auto insurance premiums because of discriminatory practices. The organization called on state insurance regulators to do something about it.
MoneySmarket published Why unemployment bumps up car insurance costs
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How Does Your Car Insurance Company Classify Your Ride?
Car insurance companies determine your insurance rates based on several factors. One of the main factors is what kind of car you drive. In the UK, a Group Rating Panel reviews each type of car and provides a suggested risk factor for each model. Insurers can use these group ratings to help establish standard premiums for the cars based on the criteria that the Rating Panel uses.
No consensus on car insurance
Legislators are taking another look at limiting regulation of car-insurance rates with proposals that companies say would get rid of a surcharge most drivers pay.
Consumer Federation report finds car insurance rates unfair to poor
The Consumer Federation of America is charging that the nation's poorest drivers are being charged unfairly high auto insurance premiums because of discriminatory practices. The organization called on state insurance regulators to do something about it.
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.
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.
Car insurance another cost to bear
Car ownership is a fantastic way to burn through cash. A friend learnt this cheerful lesson just last week. She was aghast at an insurance quote in which the annual premiums were half the price of her new car.
N.C. legislators look at how car insurance rates are set
Legislators are taking another look at limiting regulation of car insurance rates with proposals that companies say would get rid of a surcharge most drivers pay.
Car insurance doubled? Want to know where the money goes? Here's the shocking truth
Eighteen years ago, the average car insurance premium cost £333 and was spent on fixing cars after a crash. Today, it is £1,510.
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