The ballot measure that was designed to allow insurers to offer new discounts has been defeated. Voters in California have now rejected the Proposition 33 auto insurance measure, which was created to give insurers the ability to offer discounts to customers who maintained continuous coverage, but increase the rates for drivers whose coverage history was inconsistent. The current law in the state already allows for loyalty discounts for drivers who remain with one insurer. However, that law also stops those car insurers from using the discounts as a way to…
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California insurance agents and brokers brush off Prop 33 scare tactic
These industry pros are unconcerned about Consumer Watchdog’s opposition efforts. Independent California insurance agents – industry professionals who help their customers to obtain the best possible coverage prices – have spoken out against the press release from Consumer Watchdog regarding campaign web addresses, brushing it off altogether. Prop 33 supporters are saying that the domain regulations had not been defined when they were purchased. According to Proposition 33 proponent, Mike D’Arelli, of the American Agents Alliance, “The consultants purchased domain names when the designations of the 2012 state ballot measures…
Read MoreCalifornia brokers and agents announce 2012 Automobile Insurance Discount Act
Proposition 33 has now been officially assigned by the office of the Secretary of State. Consumer advocates, along with California agents and brokers, who have been seeking new opportunities for drivers to be able to shop for better deals, have announced that Proposition 33 has now been assigned to the 2012 Automobile Insurance Discount Act by the Secretary of State’s Office. This proposition is meant to reward motorists for maintaining their coverage and following the law. It also gives drivers in the state the opportunity to use a their loyalty…
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