American Agents Alliance initiative seeks discount for consumers maintaining car insurance

A California agents group, the American Agents Alliance, is moving forward with an initiative that would offer a discount to consumers who have persistently maintained their vehicle insurance, no matter their insurer or insurance company.  The current law states that this persistency discount is allowed only when the coverage has been continually kept with the same company.  However, the initiative sought by the Agents Alliance is comparable to Proposition 17 in 2010 – which lost by only 2 percent – and would have permitted consumers to carry their persistency discount…

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