Fair Housing
A Florida insurance company charges higher homeowners insurance rates for homes in predominantly minority neighborhoods with no actuarial basis. This is called:
ARisk-based pricing
BInsurance redlining✓ Correct
CUnderwriting discretion
DDiscriminatory appraisal
Explanation
Insurance redlining refers to the illegal practice of denying or charging more for insurance coverage based on the racial or ethnic composition of a neighborhood rather than legitimate actuarial risk factors.
Related Florida Fair Housing Questions
- A Florida HOA uses a criminal background check as part of tenant screening. Under Fair Housing guidance, this policy:
- Under Florida's Fair Housing Act, in addition to federal protected classes, Florida also protects against discrimination based on:
- Which type of Florida housing is EXEMPT from the familial status provisions of the Fair Housing Act?
- Under the Fair Housing Act, a seller refuses to sell to a buyer who requires wheelchair accessibility modifications. This is most likely a violation based on which protected class?
- A Florida mortgage lender requires a property in a minority neighborhood to have a higher appraisal relative to loan amount compared to similar properties in white neighborhoods. This is called:
- A Florida lender refuses to make mortgage loans in a specific low-income neighborhood regardless of an applicant's creditworthiness. This practice is known as:
- Under the Fair Housing Act, a 'disability' is defined as:
- Under Florida law (Chapter 760), which of the following housing providers is EXEMPT from the Florida Fair Housing Act?
Practice More Florida Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Florida Quiz →