A new report/study from the Consumer Federation of America (CFA) came out claiming that most insurance companies charge non-homeowners more for their auto insurance than auto drivers that do own a home, sometimes as much more as double-digit percentages! WOW!
Lucky for us here in California, companies are not allowed to charge based on this metric, along with other consumer protection rules for California drivers.
The report is an interesting read. Take a look:
Good Drivers Pay More for Basic Auto Insurance If They Rent Rather Than Own Their Home