Spotlight on Dr. Paul Deutchman: Unpacking Car Insurance Premium Fairness in WalletHub Feature

March 18, 2024

We are proud to announce that Dr. Paul Deutchman, a PostDoctoral fellow in our Public Policy and Economics (PPE) program, has been featured in a WalletHub article discussing affordable car insurance in Pennsylvania. Dr. Deutchman delves into the intricacies of how car insurance companies determine premiums, addressing whether it is fair to use factors like gender, age, and occupation. He advocates for a more nuanced approach, suggesting that while demographic data can predict risk, insurance companies should focus more on individual driving records and performance to ensure fairness. Specifically, he highlights how tools like Travelers Insurance's IntelliDrive App can help tailor premiums more closely to individual driving behaviors, promoting equity in insurance pricing. Dr. Deutchman's insights contribute significantly to the ongoing debate on how to balance risk assessment with fairness in car insurance pricing.


Article Link: