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California Auto Insurance Rates Decrease, Bucking U.S. Trend

California auto insurance buyers are paying less for coverage than they were two decades ago while rates rose substantially for the rest of the country, says the Consumer Federation of America.

By Mark E. Ruquet | Updated on June 14, 2013

California auto insurance buyers are paying less for coverage than they were two decades ago while rates rose substantially for the rest of the country, says the Consumer Federation of America.

The consumer group attributes the decrease to the state’s regulatory reform under Proposition 103, which mandates prior approval for rate increases.

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