Discount initiative for car insurance moves onward to November ballot

When voters in California head to the ballot in November, they will also face the issue of a discount initiative for auto insurance, called the 2012 Automobile Insurance Discount Act, which was over 99 percent funded by the chairman of Mercury Insurance. The initial sponsorship for the proposal was from the American Agents Alliance, a trade group. This initiative would allow motorists who change their insurers to obtain a discount if they have already had insurance on their vehicles. The proposal had received nearly 505,000 signatures (a random sample of…

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2012 Automobile Insurance Discount Act had no problem obtaining the necessary signatures for qualification

The American Agents Alliance didn’t face any struggles in obtaining the over 800,000 signatures that they gathered in a period of only ten weeks for submission to counties in order to qualify their initiative called the 2012 Automobile Insurance Discount Act, which provides law abiding consumers with a new car insurance rate reduction in California. According to the American Agents Alliance executive director, Mike D’Arelli, the effort was much simpler than they had anticipated. He explained that people know that consumers will benefit from this reduction. Moreover the majority of…

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