Ok, I just have to roll around on the ground laughing hysterically. Hey insurance company, I am a good driver so please insure my auto that is about to catch on fire. Back on the ground laughing hysterically.
California is saying to write Auto at a loss no matter what. The criminals will just drive up into the hills, get the car burned up and then file a claim.
Dave Jones is a deranged and stick individual, he knows this is conditions for fraud and is using this to advance his political aspersions. Anyone who will go to this extreme has no business representing the people, they are actually an accessory to fraud. Worse yet, policyholder will see big increases in their homeowners rate and thanks to this disgusting individual. California drivers will also have to pay more, all to support his self-serving disgusting individual. Support him for Attorney General? Hell no!
Wow! I’m really surprised at this. When a natural catastrophe strikes, it is completely normal for a moratorium to be put in place. You need to contribute toward your insurance plan frequently so when catastrophic events happen, there are enough funds to go around, and obviously someone who was not contributing should not be able to start a policy or change their coverage at the last moment. I’m astonished that a public official would have almost no knowledge of how insurance works. He sounds like my uninformed policyholders. He needs to stop targeting the insurance companies and start planning on what government programs he needs to put in place for those people that were too ignorant not to insure their homes and cars for fire loss. He also needs to begin educating people on the importance of having insurance coverage, although, I’m sure most people won’t make that mistake again.
While it’s crazy that “good drivers” should be able to get personal auto insurance in a wildfire area, I don’t think it’s the Commissioners fault is it?
It sounds like he is just enforcing a law that is on the books about under what conditions “good drivers” can be denied coverage. In that case, we would need to look at that regulation and see if exceptions could be made for natural disasters like this since it would definitely be a fraud magnet (just as earlier commenters said).
Counterpoint – unfortunately, you are 100% correct. Jones’ announcement essentially just reinforced to companies what the law is in the state regarding Auto insurance. Jones did not pass Prop 103 in 1988, the voters did. If folks have issues with this, their beef should be with Prop 103 and the laws it enacted.
I am surprised that those commenting on this have missed the more ridiculous part of Jones’ announcement – encouraging companies to “expedite” the settling of fire claims. Exactly how is a company supposed to do that? When a house is burned to the ground, any records the insured may have had about the house are likely burned up, there are not enough contractors available to help with demolition, cleanup and preparing estimates, much less starting construction. You cannot speed up the process when entire neighborhoods have disappeared.
Prop 103 was passed by the citizens in the 1980’s and finally all the various aspects implemented over the last few years. There have been a number of areas that were not well defined in the original proposition but until the courts or the legislature and the voters amend it, that is what it is. Moratoriums on amending auto coverages during a disaster probably wasn’t a thought when the proposition was written. Moratoriums do apply on property insurance. Dave Jones has done a decent job of making the insurance companies toe the line when it comes to following the laws as they stand as well as going after the fraudsters and scammers.
Unfortunately, the State of California is run by a bunch of people who don’t know how to run a business, unless it is just to run it into the ground or have the government take it over. Our commissioner is no different. the Socialist mentality is rampant on the left coast.
DNCs Coll(F)usion GPShip Strzok an IceberGowdy says:
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Insurers in Calibfornia would do well to read the subject ‘moratorium prohibition’ law to see specific condition it imposes.
If insurers bind according to the flawed & misleading interpretation by ‘Davey Jones’, they will likely not be able to later deny coverage upon discovery they need not comply with the ‘moratorium prohibition’ law.
Ok, I just have to roll around on the ground laughing hysterically. Hey insurance company, I am a good driver so please insure my auto that is about to catch on fire. Back on the ground laughing hysterically.
Only in California! Good grief.
California is saying to write Auto at a loss no matter what. The criminals will just drive up into the hills, get the car burned up and then file a claim.
We have moratoriums all the time with storms in the Gulf!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
No moratorium on writing new coverage, but a moratorium on collecting premiums. Sounds fair to me (not).
Dave Jones is a deranged and stick individual, he knows this is conditions for fraud and is using this to advance his political aspersions. Anyone who will go to this extreme has no business representing the people, they are actually an accessory to fraud. Worse yet, policyholder will see big increases in their homeowners rate and thanks to this disgusting individual. California drivers will also have to pay more, all to support his self-serving disgusting individual. Support him for Attorney General? Hell no!
Wow! I’m really surprised at this. When a natural catastrophe strikes, it is completely normal for a moratorium to be put in place. You need to contribute toward your insurance plan frequently so when catastrophic events happen, there are enough funds to go around, and obviously someone who was not contributing should not be able to start a policy or change their coverage at the last moment. I’m astonished that a public official would have almost no knowledge of how insurance works. He sounds like my uninformed policyholders. He needs to stop targeting the insurance companies and start planning on what government programs he needs to put in place for those people that were too ignorant not to insure their homes and cars for fire loss. He also needs to begin educating people on the importance of having insurance coverage, although, I’m sure most people won’t make that mistake again.
While it’s crazy that “good drivers” should be able to get personal auto insurance in a wildfire area, I don’t think it’s the Commissioners fault is it?
It sounds like he is just enforcing a law that is on the books about under what conditions “good drivers” can be denied coverage. In that case, we would need to look at that regulation and see if exceptions could be made for natural disasters like this since it would definitely be a fraud magnet (just as earlier commenters said).
Counterpoint – unfortunately, you are 100% correct. Jones’ announcement essentially just reinforced to companies what the law is in the state regarding Auto insurance. Jones did not pass Prop 103 in 1988, the voters did. If folks have issues with this, their beef should be with Prop 103 and the laws it enacted.
I am surprised that those commenting on this have missed the more ridiculous part of Jones’ announcement – encouraging companies to “expedite” the settling of fire claims. Exactly how is a company supposed to do that? When a house is burned to the ground, any records the insured may have had about the house are likely burned up, there are not enough contractors available to help with demolition, cleanup and preparing estimates, much less starting construction. You cannot speed up the process when entire neighborhoods have disappeared.
Prop 103 was passed by the citizens in the 1980’s and finally all the various aspects implemented over the last few years. There have been a number of areas that were not well defined in the original proposition but until the courts or the legislature and the voters amend it, that is what it is. Moratoriums on amending auto coverages during a disaster probably wasn’t a thought when the proposition was written. Moratoriums do apply on property insurance. Dave Jones has done a decent job of making the insurance companies toe the line when it comes to following the laws as they stand as well as going after the fraudsters and scammers.
Unfortunately, the State of California is run by a bunch of people who don’t know how to run a business, unless it is just to run it into the ground or have the government take it over. Our commissioner is no different. the Socialist mentality is rampant on the left coast.
A reprise/ variation of Obama’s “Cash for Clunkers” is about to be imposed upon auto insurance policyholders in Calibfornia.
Don’t think our new President will sponsor another Cash for Clunkers program. It cost the taxpayers several billion the last time it was tried.
Insurers in Calibfornia would do well to read the subject ‘moratorium prohibition’ law to see specific condition it imposes.
If insurers bind according to the flawed & misleading interpretation by ‘Davey Jones’, they will likely not be able to later deny coverage upon discovery they need not comply with the ‘moratorium prohibition’ law.
Estoppel & Waiver come to mind.