Consumer Federation of America Alleges Major Auto Insurers Charging Higher Prices to Good Drivers Previously Insured by Non-Standard Insurers
May 31, 2017
The Consumer Federation of America (“CFA”) continued its focus on the issue of auto insurance access and affordability for lower- and middle-income Americans with a report issued last week focusing on alleged unfair practices of major insurers in charging higher premiums to good drivers previously insured by smaller, non-standard companies.
Tampa was among the cities researched by the CFA, which used insurance company Web sites to compare premiums in 20 cities for three drivers who were the same in every respect, except that one of the drivers was switching from State Farm Mutual and the other two were moving from a non-standard insurer operating in the state.
To read the report, click here.
To view the report appendix, click here.
Over the past several years, the CFA has issued a series of reports on auto insurance pricing and affordability, which are available by clicking here.
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