[tathougies]

Is insurance cheaper in Indian neighborhoods? Probably.. Indians in America are richer than average and thus their neighborhoods have less crime

This is a surface level problem of something much deeper which is the preponderance of poor disproportionately black neighborhoods. Most blacks are middle class and live in diverse area but for whatever reason just as there exist China towns there exist black neighborhoods that remain so and suffer from disproportionately high rates of crime and poverty. This is what needs to be fixed .. the insurance pricing is just a symptom of that.

A more interesting metric is what is the average payout and claim rate in these same neighborhoods with high premiums. How does the premium relate to those two measures?

[burner831234]

Whatever reason is the frustration. Its not "whatever reason" or some huge unknown. Its decades and decades of policy including redlining and developers who openly didn't rent or let black americans buy homes and banks that openly gave black americans with great credit shittier loans while the govt bankrolled the development of suburbs for white people.

I realize I'm frustratedly typing and I think my frustration is the "aw shucks, who knows why this is happening. The data is a mess" conversation while there are entire books and sub disciplines in "subjective" research like Law, Politics, Geography, Urban development and others that could easily answer these questions and have many times over.

[diab0lic]

I'm not the author of the GP post but I don't think (s)he was implying the reason was unknown so much as stating that there IS a reason, but not committing to one single reason so as to not have to argue or justify it.

[tathougies]

That's right... we all know the reasons behind this... it's not insurance rates. Insurance rates are a reflection of the problem, not the source.