SANTA MONICA, Calif.,July 14/PRNewswire-USNewswire/ -- Today is the deadline for every auto insurer in the state to submit new plans to the Insurance Commissioner detailing a new rate setting system that complies with the rules of the landmark 1988 insurance reform initiative Proposition 103. Auto insurance companies in California must now set customers premiums primarily on driving record and the number of miles driven annually and significantly limit the impact of ZIP Code on rates.If you have a good driving record, you shouldnt be forced to pay hundreds and even thousands of dollars more for auto insurance just because of your ZIP Code, and finally you wont have to, said Harvey Rosenfield, the author of Proposition 103.....
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Car Insurance News: Today is Deadline for New Auto Insurance Pricing System Based on Driving Record Not ZIP Code...Get an auto insurance quote!