Monday, October 1, 2012

Proposition 32 Auto Insurance Prices

  Calfifornia Proposition #32 is an allowance for insurance companies to base their prices on whether or not a driver has a history of continuous insurance coverage.

  Is this because those without insurance are a bigger risk to the insurance companies? Are they raising prices on young people who just bought their first car?

  Apparently there is a part of this law that lowers premiums for those who have had continuous coverage without lapses, so this is a tentative YES.

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