Study Backs Territorial Rates For Auto Insurance
NU Online News Service, May 20, 4:04 p.m. EDT? California drivers in major cities, compared with those in less urban areas, are more likely to get in costlier auto accidents and file more bodily injury claims, a study has found. [@@]
Elizabeth Sprinkel, senior vice president at the Malvern, Pa.-based Insurance Research Council, which produced the study, said the findings should convince California lawmakers that it's important to allow auto insurers to keep using territorial ratings when measuring and underwriting automobile coverage in the state.
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