20191111 10424000 1.0 TRUE <div><b>OVERVIEW </b></div><div>In March 2019, Poverty Solutions released “AUTO INSURANCE AND ECONOMIC MOBILITY IN MICHIGAN: A CYCLE OF POVERTY”, a policy brief detailing the sources of Michigan’s highest-in-the-nation auto insurance rates and providing policy options for policymaker seeking to enact changes that would reduce overall rates and reduce rate disparities. </div><div><br /></div><div>The report pulled data from The Zebra, an auto insurance comparison marketplace, to show the distribution of rates by ZIP code and to calculate a cost burden for each ZIP code. </div><div><br /></div><div><b>DATA</b></div><div>The Zebra – provides ZIP code level data on average auto insurance rates from 2011-2017. The data represents an average of market prices facing a consistent base consumer profile. According to the Zebra, “Analysis used a consistent base profile for the insured driver: a 30-year-old single male driving a 2014 Honda Accord EX with a good driving history and coverage limits of $50,000 bodily injury liability per person/$100,000 bodily injury liability per accident/$50,000 property damage liability per accident with a $500 deductible for comprehensive and collision”.[1] For more information on The Zebra’s data collection methodology go to www.thezebra.com.</div><div><br /></div><div><span style='font-family:"Avenir Next W01", "Avenir Next W00", "Avenir Next", Avenir, "Helvetica Neue", sans-serif; font-size:16px;'>Click </span><a href='https://datadrivendetroit.org/metadata/Auto_Insurance_Average_Rates_20122017_Data_Dictionary_and_Metadata_20191111.xlsx' target='_blank'>here </a><span style='font-family:"Avenir Next W01", "Avenir Next W00", "Avenir Next", Avenir, "Helvetica Neue", sans-serif; font-size:16px;'>for metadata (descriptions of the fields).</span><br /></div> transportation The report pulled data from The Zebra, an auto insurance comparison marketplace, to show the distribution of rates by ZIP code and to calculate a cost burden for each ZIP code.