USAA Auto Insurance Rates Decrease in California
Good news for California auto insurance policyholders with USAA. USAA Auto Insurance announced that it is reducing their auto insurance rates by an average of 7% in California according to an article on insurancejournal.com.
USAA auto insurance is the tenth largest auto insurer in California insuring about one million automobiles. According to the California Department of Insurance, this covers approximately 3.5% of the auto insurance market.
USAA California customers will save on average of 7% or about $104 per policy each year. This totals to $47.6 million under the newly approved rates. These auto insurance rates will apply to policies that are renewed or written after August 5, 2009.
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