Advocates say auto insurers should not consider credit score
Clip: 05/16/2022 | 3m 12s | Video has closed captioning.
Social and consumer advocates say the use of nondriving factors like credit scores and education history to calculate insurance premiums is leading many New Jerseyans, especially those who are Black and brown, to pay hundreds of dollars more in premiums. Advocates want the state's Department of Banking and Insurance to prohibit these practices.
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