Black Money Business Jobs : African Americans pay more for car insurance

Discussion in 'Black Money Business Jobs' started by Clyde C Coger Jr, Nov 19, 2015.

  1. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Nov 17, 2006
    Messages:
    39,422
    Likes Received:
    10,421
    Gender:
    Male
    Occupation:
    Speaker/Teacher/Author
    Location:
    Dallas, TX
    Home Page:
    Ratings:
    +12,079
    In the Spirit of Rip-Off,



    African Americans pay more for car insurance



    African Americans with good driving records have to pay far more for their auto insurance than their white counterparts, according to a survey released on Wednesday by the Consumer Federation of America.

    The survey looked at good drivers who live in ZIP codes mainly populated by African Americans and compared them to those in largely white areas. It found that quoted premiums were 70 percent higher for African Americans. The average premium for those with similar incomes and driving records was $1,060 for black drivers compared to $622 for whites, the CFA found ...



    http://www.cbsnews.com/news/african-americans-pay-more-for-car-insurance/


    ...
     
Loading...