Customer Federation of America

Customer Federation of America

Many Press that is recent Releases

  • Insurance vendors Charge 79% More To Safe Drivers in Washington State because of Low fico scores; State Farm almost Triples Premium for Good Drivers with Credit issues
  • Automobile Insurance Refunds required as brand brand 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 Ensure Proper COVID Auto Insurance Refunds for Texans

Most Recent Testimony and Feedback

  • Groups Urge Insurance Commissioners to demand a second round of premium Relief
  • 18 Groups Urge NAIC’s Special Committee on Race and Insurance to Combat Systemic Racism
  • CFA Aids Oregon’s Proposed Ban on Using Non-Driving Factors to ascertain Insurance Costs

Insurance firms aren’t likely to treat risks that are similar, and there’s absolutely no way that two different people who is able to communicate with one another from their yards can be viewed as various dangers predicated on geography. The companies and government regulators have a special obligation to ensure fairness in pricing since states require drivers to purchase private auto insurance.

Just because, as regulators, you stay available to the concept of very differentiated premiums offering ZIP rule by ZIP code score, there isn’t any justification for stark cost distinctions along these borders that are unnatural. Alternatively, you really need to insist that organizations smooth their prices across likewise organized geographies to be able to avoid this particular ZIP code discrimination faced by residents of lower-income, majority-minority communities. 続きを読む “Customer Federation of America”