Redlining or Risk? A Spatial Analysis of Auto Insurance Rates in Los Angeles.

publication cover

Authors:  Paul M. Ong, Michael A. Stoll

Date: June 1, 2006

Project: [wpv-post-link id=”$project”]

Auto insurance rates can vary dramatically, with much higher premiums in poor and minority areas than elsewhere, even after accounting for individual characteristics, driving history and coverage. This paper uses a unique data set to examine the relative influence of place-based socioeconomic characteristics (or “redlining”) and place-based risk factors on the place-based compenent of automobile insurance premiums.

Link to Publication