Redlining or Risk? A Spatial Analysis of Auto Insurance Rates in Los Angeles.

Auto insurance rates can vary dramatically, with much higher premiums in poor and minority areas than elsewhere, even after accounting for individual characteristics, driving history and coverage. This paper uses a unique data set to examine the relative influence of place-based socioeconomic characteristics (or “redlining”) and place-based risk factors on the place-based compenent of automobile insurance premiums.

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