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Insurance Redlining Still Haunts Communities | Real Estate News
A new report reveals shocking racial disparities in homeowners insurance: Black homeowners pay 16% more, Hispanic homeowners 30% more, on average—stacking up to tens of thousands over a mortgage. Behind the numbers? Algorithms trained on discriminatory historical data, effectively modern-day redlining. The Consumer Federation of America calls for urgent action: state oversight of pricing algorithms, ditching ZIP-code-only pricing, and public insurance data transparency to ensure fair coverage for all. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn…
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