Blog > Homeowners in Black, Hispanic Neighborhoods Pay Significantly More for Home Insurance: Consumer Report
Homeowners in Black, Hispanic Neighborhoods Pay Significantly More for Home Insurance: Consumer Report
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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%…
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