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Customer Federation of America

by hhjgcz on 22. März 2021 No comments

Customer Federation of America

Most Recent Press Releases

  • Insurance vendors Charge 79% More To Safe Drivers in Washington State considering Low fico scores; State Farm almost Triples Premium for Good Drivers with Credit issues
  • Automobile Insurance Refunds required as brand New information Show Crashes stay Well Below Normal because of Pandemic; 23% less Accidents in September and October
  • Texas Department of Insurance’s Misinformation and Inaction Stall Efforts to make sure Proper COVID Auto Insurance Refunds for Texans

Most Recent Testimony and Remarks

  • Groups Urge Insurance Commissioners to demand A round that is second of Relief
  • 18 Groups Urge NAIC’s Special Committee on Race and Insurance to Combat Systemic Racism
  • CFA Supports Oregon’s Proposed Ban on Using Factors that is non-Driving to Insurance Fees

Insurance providers aren’t likely to treat comparable dangers differently, and there’s no chance that two different people who is able to speak with one another from their yards can be viewed various dangers centered on geography. Since states need motorists to buy personal automobile insurance, the businesses and federal government regulators have actually an unique responsibility to make sure fairness in prices.

Even though, as regulators, you stay ready to accept the thought of very differentiated premiums including ZIP rule by ZIP rule score, there isn’t any reason for stark cost distinctions along these borders that are unnatural. Rather, you need to insist that businesses smooth their prices across likewise organized geographies to be able to avoid this sort of ZIP rule discrimination faced by residents of lower-income, majority-minority communities.

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hhjgczCustomer Federation of America