Report: NY car insurers unfairly use education level, occupation when setting charges

ALBANY, New York — A consumer watchdog group says New York’;s biggest auto insurers are employing training degree and occupation to set rates, charging blue collar staff far more for the identical policy than college educated pros.

Andy Morrison, a client advocate who worked on the report from the New York Public Curiosity Study Group, says the practice is unfair to minorities and lower-revenue workers.

The report utilized on the web price quotes from GEICO, Progressive and Liberty Mutual and identified that prices have been hundreds of bucks more for drivers with a high-college training and a non-professional occupation in contrast to university-educated experts.

NYPIRG wrote to the state’;s Department of Fiscal Services Thursday asking it to assessment the insurers’; price-generating policies to see if they are legal.

Messages left with the insurance coverage firms had been not right away returned Thursday.

Think your close friends need to see this? Share it with them!

Story copyright 2014 The Associated Press. All rights reserved. This materials might not be published, broadcast, rewritten or redistributed.

Suggestions, Corrections and Other Requests: AP welcomes suggestions and feedback from readers. Send an e-mail to information@ap.org and it will be forwarded to the suitable editor or reporter.

Leave a Reply

Your email address will not be published. Required fields are marked *