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Auto insurance rates increased an average of 46% after an accident across the five insurers ValuePenguin studied.
New Jersey may soon follow a trend of prohibiting insurers from using socioeconomic factors in pricing auto coverage.
CR's investigation found some auto coverage rates spiked by more than $100 annually based on consumers' socioeconomic factors.
The company hopes its announcement will inspire other insurers to fight discrimination, bias, and systemic inequity in auto insurance.
The six most expensive moving violations cost drivers an average of $1,000 a year in rate hikes.
An analysis by Insure.com found that the average cost of car insurance in 31 states is less than the national average.
An analysis by Insure.com found that the average cost of car insurance in 16 states is more than $100 above the national average.
Industry leaders are less than enthused by the proposed Preventing Credit Score Discrimination in Auto Insurance Act.
Wallethub compared cities' median income and auto-loan debt to find where Americans overspend the most on vehicles.
Valentine's Day is a time to cherish those we love, but it can also be a reminder of the importance of mapping out financial futures together.
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