Despite Good Driving Records, African-Americans Still Face Higher Insurance Premiums, Expert Blames Variables Used In Formula to Determine Rates
Auto insurance commercials often brag about the discounts they give to safe drivers. But African-American drivers are still paying more – even if they have a good driving record. “African-Americans face higher premiums with an almost unblemished consistency. It’s really striking,” Consumer Federation of America Director of Insurance Doug Heller tells Finurah. Photo by Fortune Vieyra on Unsplash It’s…