California auto insurance rates will no longer factor gender for premiums calculations

California auto insurance rates - man holding car key

At the start of the new year, outgoing Commissioner Dave Jones banned insurers from using gender. Outgoing California Insurance Commission Dave Jones banned the use of gender to calculate California auto insurance rates. This ban went into effect on January 1, 2019. The ban applies to rate setting for passenger cars throughout the state with the highest population. The ban on using gender to calculate California auto insurance rates does not represent the first time a rule of this nature was put into place. That said, this remains an impactful…

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Mercury Insurance invests more money in Prop 33

California auto insurance

Mercury Insurance executive donates more funds to controversial legislative initiative Mercury Insurance executive George Joseph has donated more money to a legislative initiative in California, the fate of which will be determined in November this year. The initiative is known as Proposition 33 and aims to provide more rate increase freedoms to the state’s auto insurance companies. Mercury Insurance has been one of the strongest advocates of the initiative, which has earned the company a fair amount of criticism for wanted to raise rates in an unjustified manner. Prop 33…

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California auto insurance policyholders to see improvements in price

California auto insurance

State commissioner Dave Jones announces decreases of up to 9 percent in premiums. New and important changes to the state’s low cost California auto insurance program have been announced by Commissioner Dave Jones, who said that as of May 15, there will be a decrease of up to 9 percent to the policies across the 58 counties. Furthermore, there has been an increase to the income eligibility caps, so that more drivers will qualify. The hope is that more of the uninsured drivers in the state will take part in…

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