Affordable Car & Home Insurance
Statement of Consumer Watchdog: “Thirty days ago, Consumer Watchdog and ten other organizations petitioned Insurance Commissioner Riccardo Lara to stop insurance companies’ discrimination against low-income drivers and communities of color based on their education or occupation.
Los Angeles, CA– Today the Consumer Federation of America reports that Proposition 103, the insurance reform law passed by California voters on November 8, 1988, has saved drivers $154 billion on their auto insurance.
SACRAMENTO, CA – Consumer Watchdog urged Assembly member Autumn Burke (D-Los Angeles) to withdraw legislation backed by State Farm Insurance because it “will irreparably harm policyholders who seek to repair their vehicles financially and, potentially, cost many consumers their safety, and even their lives.”
Santa Monica, CA – An analysis released today by non-profit journalists at ProPublica finds that four auto insurance companies in California mark up prices by as much as 32% for drivers in minority neighborhoods as compared to white neighborhoods with similar risk.
Health insurance premiums are increasing at a rate faster than medical inflation, especially in the volatile individual and small group markets, and worker incomes have not kept pace.
