OAI: Calif. New Ballot Initiative Highlights Issue of Auto Insurance Rating Factors
In California, one group is pushing to amend state law in order to allow insurers to give discounts or surcharges based on whether customers were previously insured. Sacramento, Calif. (PRWEB) November 22, 2011 California’s ongoing debate over a proposal to legally change the way insurers can hand out “continuous coverage” discounts highlights the many factors that determine how much you pay—and the importance of getting every price break you qualify for, according to Online Auto Insurance (OAI). Under existing state law, coverage providers may offer reduced rates to drivers who have bee
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