Initiative to Change Calif. Auto Insurance Rating Factor Proposed, Faces Criticism

By Patricia-Anne Tom | August 3, 2009

August 3, 2009 at 2:31 am

Steve says:

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One day you’ll believe in cost-based insurance. Until then, continue to fight against consumer choice, especially that of consumers who obey the mandatory insurance law and rightly want to be rewarded in the form of the ability to take their experience to another carrier.

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August 3, 2009 at 5:30 am

Lame Excuses says:

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“Consumer Watchdogs” cry that consumers might have to go uninsured because they can’t afford to buy insurance, because they have to pay a surcharge for previously being uninsured?

IT’S THE LAW!!!!!!!!!!! BUY IT!!!!! OR FACE THE PENALTIES!!!!

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August 4, 2009 at 11:39 am

InsGuy says:

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For quite a while wasn’t the proposed interpretation the one used by most carriers?

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August 4, 2009 at 2:12 am

Citizens for Free Stuff says:

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I assume the Citizens for Fair rates, want to set the rates??? I also assume the insurers think they’re fair to. I guess we better get Obama involved to decide what’s fair.

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March 16, 2010 at 3:44 am

Melinda says:

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isnt’ it wonderful that in CA our cars are so important to us that we have laws that say
- you must have insurance
- insurers must base rates on x, y, and z factors, and may not base them on a, b, and c, and must be reasonable given those criteria
- insurers must pay all reasonable costs at the amount indicated by the poeople doing the work (transparency of costs/coverage, usu. through 3 estimates)

wow. novel. now, i wonder why the feds are so confused about what to do and how with our medical insurance.

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