Attorney General No.

09-0029

Secretary of State No.

1384

Description

Limits the fees insurance companies can charge policyholders for paying their premiums in installments. Prohibits insurance brokers from collecting commissions from insurance companies and limits the fees brokers can charge customers. Prohibits insurance companies from considering a person's lack of prior insurance coverage in determining the cost of automobile or residential property insurance or whether a person is eligible for it. Prohibits insurance companies from considering a driver's "claims experience" in determining the cost of auto insurance or whether a driver is eligible for it. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: This measure would probably have no significant fiscal effect on state and local governments.

Proponents

Douglas Heller

Date

11-3-2009

Document Type

Initiative

Qualified

Failed to Qualify

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