Which of the following is an alleged practice of insurers charging higher premiums and providing less coverage for homeowners insurance in inner cities?
A)Gentrification
B)Redlining
C)Demutualization
D)Blockbusting
E)Affirmative action

Question

Quizplus · Accepted Answer

Redlining is the practice where insurers (and other financial services) discriminate against residents of certain areas, often inner cities, by charging higher premiums or offering less coverage, based on the geographic location rather than the individual risk profile.

Which of the Following Is an Alleged Practice of Insurers