Insurance Commissioner of California John Garamendi has promised to restore sanity in the process of determination of car insurance rates by ensuring zip codes are not longer a significant factor. The car insurance rates will be based on whether the applicant has a good driving history or not. Garamendi described the existing process as “irrational”. Now the drivers can look forward to a process where optional factors will not outweigh the mandatory factors in determining insurance rates.
December 29, 2005
Crazy parameters determine car insurance rates- the law strikes back
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