Video on Proposition 17 – Mercury Insurance Seeks to Overturn Prior Reform
Center for Governmental Studies assessment of Proposition 17 on the June 8, 2010 California Primary ballot.
Allows auto insurance companies to base their prices in part on a driver’s history of insurance coverage. Initiative statute.
Editor’s note: This proposition overturns the 1988 Proposition 103 auto insurance reforms, which required insurance companies to base rates on 3 factors: driving record, total miles driven, and years of driving experience. This initiative, funded by Mercury Insurance, would allow another factor – “continuous coverage” – into the mix. Mercury sees this as good for business; there is no reason to suppose it is good for consumers.
