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Posts Tagged “

premiums

billing errors

Profitable Farmers Insurance "Error" Has Been Going On for A Year And A Half Now

Susan in Wisconsin was charged an extra $10.30 last October, even though she'd already paid the next six months of her premium in full a month before. "I thought maybe I had misread my initial bill and paid the amount said to be due," she writes. But then it happened again last month, so she began to investigate. More »

profit vs fairness

Should Car Insurance Rates Be Based On Your Credit Score?

For a decade now, all the major auto insurers have used a customer's credit rating to some degree in determining premiums. They claim that it results in lower rates for "most" customers, and that the data prove that people with lower credit scores make more claims and for higher amounts. The FTC released a report this summer that validated the practice—but also confirmed an unpleasant truth critics have been saying for years: because a higher percentage of Hispanics and African-Americans have low credit scores, there's a good chance they're disproportionately affected. More »

ask

Consumerist Ask Metafilter Round-Up

• What is the minimum annual tax that a one person LLC (Limited Liability Corporation) must pay in New York? [Link]
• Is there a way to see (for free) the driving record information that car insurance companies use when setting their premiums? [Link]
• Please give advice on a purchasing a new washing machine and dryer. [Link]
• Six months ago, my 50-year-old mother had a serious stroke, and the nursing home that she's in now considers her recovered enough to move on to an assisted living or daily home health care situation. I'm trying to help my 75-year-old grandparents figure out what to do. [Link]
• What is the best website to use to get cheap airline tickets to Europe (specifically Amsterdam or Prague)? [Link]
• What software should I use/purchase to protect my privacy on the internet? [Link]
• What are some practical measures for minimizing bedbug exposure during domestic (US) hotel stays? [Link]
• Can bedbugs survive an airplane flight if they hitch a ride in your (checked) luggage? [Link]