• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Law Offices of Jonathan G. Stein Logo
(916) 247-6868
  • Home
  • About Me
    • Organizations, Publications and Presentations
  • About You
  • Practice Areas
    • Debt Collection
    • Estate Planning
    • Personal Injury
    • Landlord Tenant
  • Client Testimonials
  • Resources
    • Blog
    • Brochures
    • Helpful Links
  • Contact

Auto Insurance Rates

December 23, 2005 by Jonathan Stein

Despite my post earlier this week about ratings for auto insurance and the value of zip codes, Commissioner Garamendi has proposed changes to how insurance rates will be set.

Apparently, Mr. Garamendi believes that zip codes should not carry any more weight than driving record, average annual mileage and years of driving experience. Clearly these three categories are important. But, zip code is important as well.

What is the likely effect? Probably none for a few reasons. First, the legislature probably will not enact any reforms. Second, the governor would not sign anything that might upset the insurance companies. Third, Garamendi is looking for press right about now, not results. These three things all have one thing in common: it is an election year in California in 2006 and this is more political posturing.

I would suggest that Mr. Garamendi start looking at making real changes to how insurance claims are handled, how people are dealt with by insurance companies, and how the insurance companies continue to make huge profits. Anything short of that is just political posturing for his next job.

Categories: Auto Insurance, Current Affairs, Insurance Operations

Primary Sidebar

Sign Up For Our Newsletter Below

Lists*

Allow Me to Help You

    Footer

    Contact Us

      Practice Areas

      • Debt Collection
      • Estate Planning
      • Personal Injury
      • Landlord Tenant
      The information contained in this website is provided for informational purposes only, and should not be construed as legal advice on any matter. The transmission and receipt of information contained on this Web site, in whole or in part, or communication with The Law Offices of Jonathan Stein via the Internet or e-mail through this website does not constitute or create a lawyer-client relationship between this firm and any recipient. You should not send any confidential information in response to this webpage. Such responses will not create a lawyer-client relationship, and whatever you disclose will not be privileged or confidential unless this firm has agreed to act as your legal counsel and you have executed a written engagement agreement with The Law Offices of Jonathan Stein. The Law Offices of Jonathan Stein © 2023. All rights reserved. | Sitemap | Privacy Policy | Disclaimer