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FSogol

(45,487 posts)
Tue Jan 29, 2013, 02:14 PM Jan 2013

American insurers charge reckless rich drivers less than safe poor drivers [View all]

"The Consumer Federation of America did a mystery shopper review of several auto insurers and found that drivers with at-fault accidents paid lower premiums than drivers with spotless records -- provided that the careless driver was rich and well-educated and the careful driver was a single renter without an advanced degree. "

Whole article at http://boingboing.net/2013/01/29/american-insurers-charge-reckl.html
Original article at
http://consumerist.com/2013/01/28/consumer-group-the-rich-may-pay-less-for-car-insurance-even-if-theyre-not-safe-drivers/

Another industry that needs to be better regulated, imo.

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