Bad Driver? That's OK -- If You're Rich

In its new study of car insurance rates, the Consumer Federation of America reports that lower-income people pay higher premiums, even if their driving is better than that of their rich neighbors. The report, which is the CFA's third on car insurance premiums, features a mystery-shopping experiment conducted over 12 cities with the nation's five biggest insurers. Rates were requested for two hypothetical customers: one with a master's degree and an executive job, the other a receptionist with a ...