According to the study, California drivers have saved $154 Billion over 30 years of active insurance oversight.
Auto insurance rates have risen at a significantly slower pace in states that actively regulate auto insurance prices than those with less vigorous oversight processes, according to an analysis of nearly 30 years of data released today by the Consumer Federation of America (CFA). The data also show that California, which has the strongest rules in the country, has maintained the slowest pace of growth of any state while also fostering the second most competitive auto insurance market in the nation.
The study,
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