Homeowners in Black, Hispanic Neighborhoods Pay Significantly More for Home Insurance: Consumer Report

Homeowners living in predominantly Black and Hispanic neighborhoods are paying hundreds—even thousands—more per year for the same homeowners insurance coverage as homeowners in white neighborhoods, according to a new research report from the Consumer Federation of America (CFA). The nonprofit research and advocacy group found that the average cost of homeowners insurance rose by 24%…

The post Homeowners in Black, Hispanic Neighborhoods Pay Significantly More for Home Insurance: Consumer Report appeared first on RISMedia.

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