Why do insurance companies use home addresses

Reference no: EM131330820

Some states prohibit insurance companies from using car owners' home addresses to set auto insurance rates. Why do insurance companies use home addresses? What are the efficiency and equity implications of forbidding such practices?

Reference no: EM131330820

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Why do insurance companies use home addresses : Some states prohibit insurance companies from using car owners' home addresses to set auto insurance rates. Why do insurance companies use home addresses? What are the efficiency and equity implications of forbidding such practices?

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