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New York

hrmjustin

(71,265 posts) Fri Apr 4, 2014, 12:00 PM Apr 2014

New York auto insurers using unfair rating factors, watchdog group says

DAVID KLEPPER

ALBANY >> New York’s largest auto insurers factor in a motorist’s education level and occupation when calculating policy rates, charging blue-collar workers more than college-educated professionals, a consumer watchdog group reported Thursday.

The analysis by the New York Public Interest Research Group analyzed online insurance quotes from GEICO, Progressive and Liberty Mutual and found that prices ranged by hundreds of dollars depending on the education and occupation of the potential policyholder.

http://www.dailyfreeman.com/general-news/20140403/new-york-auto-insurers-using-unfair-rating-factors-watchdog-group-says

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