The Poor Pay More for Car Insurance

The Poor Pay More for Car Insurance

“In its new study of car insurance rates, the Consumer Federation of America reports that lower-income people pay higher premiums, even if their driving is better than that of their rich neighbors.*

People with lower incomes pay more for auto insurance, even if they’re better drivers. How do insurance companies get away with this without getting discrimination charges? Cenk Uygur and Ana Kasparian break it down.

*Read more Martha C. White/ Time: http://business.time.com/2013/01/30/bad-driver-thats-ok-if-youre-rich/#ixzz2JsPEj2CB

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