California voters have defeated Proposition 33, which would have permitted insurance companies to offer new customers a discount on automobile insurance premiums based on the number of years in the previous five years that the customer was insured.
As a result, insurers may continue to provide discounts to their long term automobile insurance customers, but they may not provide a discount to new customers switching from other insurers.
For further background on Prop 33, including who provided the largest contributions in support and in opposition, see Donations in Favor of California's Prop 33 Overwhelm Opponents' Funds
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].