For state-mandated minimum-liability insurance, good drivers who live in moderate-income areas are being quoted higher prices for auto insurance, and rates vary widely across providers, according to research from the Consumer Federation of America (CFA). In one example, price quotes for the same hypothetical woman driver ranged from $762 to $3,390.
The research uses the websites of the four largest auto insurers: State Farm, Allstate, Progressive and GEICO. More than half (56 percent) of the rate quotes to two typical moderate-income drivers were more than $1,000, and nearly one-third of the quotes (32 percent) were more than $1,500.
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