Driving While Black: Men Pay More to Insure
(Rolling Out) — The more things change in America, the more they seem to stay the same. This means that if you are an African American, you pay more for goods in the stores in your community, have higher interest rates for your homes, and now, pay more for insurances just because of the color of your skin. A study just released on the automobile insurance industry has revealed what many have suspected for a long time: African Americans are charged higher insurance rates and premiums than whites. By examining annual car insurance rates for a sample of men in New York City, the authors of the study observed that African American males, on average, pay more than $800 more than whites or Asians for their car insurance.