California Auto Insurance Quotes to be Affected

Here’s an update on what to expect from California auto insurance quotes due to the proposed pay-as-you-drive program. According to the article “Poizner issues final pay-as-you-go auto insurance regulations” there has been some headway on the proposal.

California Insurance Commissioner originally proposed the pay-as-you-drive regulation back in September of 2008 and just this past Thursday issued the final regulations which will allow insurance companies to offer rates based on the actual miles driven.

Once the new regulations go into effect, insurers will be able to offer a mileage program instead of, or in addition to, current estimated mileage programs. The hope is that the regulation will save California drivers money, and cause people to drive less which will in turn reduce emissions and reduce California’s dependency on foreign oil.

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