Customer Federation of America

Customer Federation of America

Many Recent Press Releases

  • Insurance firms Charge 79% More To Safe Drivers in Washington State because of Low fico scores; State Farm almost Triples Premium for Good Drivers with Credit issues
  • Automobile Insurance Refunds required as New information Show Crashes continue Well Below Normal because of Pandemic; 23% less Accidents in September and October
  • Texas Department of Insurance’s Misinformation and Inaction Stall Efforts to make certain Proper COVID Auto Insurance Refunds for Texans

Most Recent Testimony and Reviews

  • Groups Urge Insurance Commissioners to need A round that is second of Relief
  • 18 Groups Urge NAIC’s Special Committee on Race and Insurance to Combat Systemic Racism
  • CFA Aids Oregon’s Proposed Ban on Using Factors that is non-Driving to Insurance Fees

Insurance providers aren’t likely to treat comparable dangers differently, and there’s not a way that two different people who is able to keep in touch with each other from their yards can be viewed various dangers predicated on geography. The companies and government regulators have a special obligation to ensure fairness in pricing since states require drivers to purchase private auto insurance.

Regardless if, as regulators, you remain available to the thought of extremely differentiated premiums such as ZIP rule by ZIP rule score, there isn’t any justification for stark cost distinctions along these abnormal boundaries. Alternatively, you ought to insist that organizations smooth their rates across likewise organized geographies in order to avoid this kind of ZIP code discrimination faced by residents of lower-income, majority-minority communities. Continuer la lecture de « Customer Federation of America »