California Has Lowest Auto Insurance Rate Increases in the Nation: Report Calls for Prior Approval for all U.S. States

Holding automobile insurance regulation in California as an example, the Consumer Federation of America issued a report on Tuesday showing that auto insura

Steven M. Sweat‘s insight:

Because of proposition 103, the insurance industry must seek prior approval to raise auto insurance rates in California.  This has kept the Golden State with the lowest rate increases for car coverage in the nation.

See on

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s