Auto Insurance

Report: The Thousand Dollar Insurance Penalty: How Insurance Companies’ Credit Scoring and ZIP Code Rating Push Up Premiums for Safe Drivers in New York

By: Doug Heller, Director of Insurance and Michael DeLong, Research and Advocacy Associate

 |  Report

Today, CFA released a new report showing that insurance companies charge New York drivers with poor credit hundreds or even thousands of dollars in additional premiums, even if they have perfect driving records.