Many people are surprised at the impact of donations on their own premiums. Watching the recent news headlines has revealed that donating a car in California has become a growing trend in the state, but at the same time, many of these generous individuals and businesses are discovering that the impact that this can have on auto insurance premiums can be a surprising one. There are many different factors impacting premiums and a donation can alter these calculations. While many people feel that by donating a car in California, they…
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The Golden State – California Insurance Report
With the increasing number of fatalities in accidents on US roads and highways, having a car insurance policy has become more essential than ever. Just having a look at the latest “Allstate America’s Best Drivers Report” released this week will give you a fair idea. The annual report, released by America’s second-largest insurance provider with regards to personal lines, highlights the fact that accidental deaths in car crashes across the country have jumped up over 33,700. What was most surprising was the fact that Washington DC, where the nation’s lawmaking…
Read MoreAuto insurance costs fell only in California
According to data from the Consumer Federation of America, that is the only state where this occurred. According to the latest data from the United States, California is the only state in the country where auto insurance costs have been decreasing over the last two decades that ended in 2010. This data was collected and analyzed by a consumer group that attributed the decline to a state law. The Consumer Federation of America is attributed the decreasing cost of auto insurance in California to a law that was passed in…
Read MoreAuto insurance fraud under attack in California following $1.3 million grant
A Contra Costa district attorney has directed the funds toward an aggressive effort. According to the district attorney in Conta Costra, California, officials will now be establishing an investigation into workers’ compensation, disability, health care, and auto insurance fraud, with the assistance of a state grant worth $1.3 million. The announcement explained that these funds will help in both investigations and prosecutions. The Contra Costa County District Attorney’s Office, and the California Department of Insurance made the announcement through District Attorney Mark Peterson, saying that the grand money would be…
Read MoreAuto insurance Proposition 33 rejected by voters
The ballot measure that was designed to allow insurers to offer new discounts has been defeated. Voters in California have now rejected the Proposition 33 auto insurance measure, which was created to give insurers the ability to offer discounts to customers who maintained continuous coverage, but increase the rates for drivers whose coverage history was inconsistent. The current law in the state already allows for loyalty discounts for drivers who remain with one insurer. However, that law also stops those car insurers from using the discounts as a way to…
Read MoreAuto insurance customers with coverage gaps may face higher rates
Battle over automobile coverage law in California rages on for two decades. The auto insurance war that regarding the laws in California are now entering their second decade between George Joseph, the billionaire Mercury General Corp. executive, and Harvey Rosenfield, the consumer advocate. The latest battle in the war will occur in November, when the two will face off over a ballot initiative. The initiative could bring the auto insurance law in California back to the way that it was before a provision was implemented in 1988. This would allow…
Read MoreCalifornia insurance Prop 33 has been rejected by judge
The ruling was laid down in the Sacramento Superior Court. Judge Timothy Frawley from the Sacramento Superior Court has rejected in full arguments in a California insurance industry lawsuit that was filed in support of Proposition 33, upholding the Ballot Label of the Attorney General, which states that it “changes law to allow auto insurance companies to set prices based on a driver’s history of insurance coverage.” All of the consumer advocate pamphlet statements that had been made against Prop 33 were also upheld. Among those upheld by Frawly included…
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