Overview of
California auto insurance regulations.
While our department of insurance has the largest budget of any state's insurance department,
California auto insurance regulations are not significantly more stringent than those of other states.
Not exact matches
Source:
California Code of
Regulations * Data is from an
insurance department survey of 53 of the state's largest
auto insurers
Hopefully,
auto insurance companies will be encouraged by
California's new
regulations to create hybrid personal and commercial
insurance policies, but questions still remain about how those policies would work.
Good news for
California drivers — sometime this year, new
regulations will take effect on
auto insurance.