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