Docstoc

AUTO INSURANCE PREMIUMS VARY WIDELY BY ZIP CODE IN COUNTIES ACROSS

Document Sample
AUTO INSURANCE PREMIUMS VARY WIDELY BY ZIP CODE IN COUNTIES ACROSS Powered By Docstoc
					INSURANCE COMMISSIONER GARAMENDI'S TOWN-HALL MEETING ON AUTOMOBILE INSURANCE PREMIUMS Chico, California March 3, 2004

AUTO INSURANCE PREMIUMS VARY WIDELY BY ZIP CODE IN COUNTIES ACROSS NORTHERN CALIFORNIA SUPPORTING EXHIBITS

Mark Savage Consumers Union of U.S., Inc. West Coast Regional Office 1535 Mission Street San Francisco, California 94103-2566 (415) 431-6747 (415) 431-0906 (fax) Counsel for Petitioners Consumers Union of U.S., Inc. National Council of La Raza Southern Christian Leadership Conference of Greater Los Angeles Spanish Speaking Citizens' Foundation Foundation for Taxpayer and Consumer Rights City of Los Angeles City of Oakland City and County of San Francisco

West Coast Regional Office 1535 Mission Street San Francisco, CA 94103 415.431.6747 Tel 415.431.0906 Fax

Where You Live Determines What You Pay
Premiums for Standard, Full Coverage with State Farm Insurance Female Good Driver, Licensed 22 Years

Yreka, Siskyou 96097

$1,084

Ukiah, Mendocino 95482

$1,151

Chico 95926

$1,189

Chico 95928

$1,289

Durham, Butte 95938

$1,363

Olivehurst, Yuba 95961

$1,393

$900

$1,000

$1,100

$1,200 Annual Premium

$1,300

$1,400

State Farm Mutual Auto Insurance Company 2002 Class Plan No. 02-13401

Annual Premium
$1,000 $1,050 $1,100 $1,150 $1,200 $1,250 $1,300 $1,350 $1,400 $1,450

Prepared by Consumers Union of U.S., Inc. Revised 3/5/2004 95926 Chico BUTTE, $1,188.58 95938 Durham BUTTE, $1,362.60 95932 Colusa COLUSA, $1,384.08 95987 Williams COLUSA, $1,219.18 95961 Olivehurst YUBA, $1,392.72 95501 Eureka HUMBOLDT, $1,362.62 95521 Arcata HUMBOLDT, $1,156.36

$308 or 28% Increase for Same Good Driver, Same Coverage

Female Good Driver, Licensed 22 Years, No Accidents/Violations, Standard Coverage ZIP Codes across Northern California

ZIP Code
96097 Yreka SISKIYOU, $1,083.94 State Farm Mutual Automobile Insurance Company 2002 Class Plan No. 02-13401

95445 Gualala MENDOCINO, $1,334.36

95482 Ukiah MENDOCINO, $1,150.72

95568 Somes Bar SISKIYOU, $1,293.24

96007 Anderson SHASTA, $1,308.64

95920 Butte City BUTTE 95926 Chico BUTTE 95928 Chico BUTTE 95938 Durham BUTTE 95948 Gridley BUTTE 95954 Magalia BUTTE 95965 Thermalito BUTTE 95966 Oroville East BUTTE 95968 Palermo BUTTE 95969 Paradise BUTTE 95978 Stirling City BUTTE 95932 Colusa COLUSA 95950 Grimes COLUSA 95955 Maxwell COLUSA 95970 Princeton COLUSA 95979 Lodoga COLUSA 95987 Williams COLUSA 95947 Greenville PLUMAS 95971 Quincy PLUMAS 96020 Chester PLUMAS 96103 Cromberg PLUMAS 96105 Chilcoot PLUMAS 96122 Portola PLUMAS 95953 Live Oak SUTTER 95957 Meridian SUTTER 95982 Sutter SUTTER 95991 Yuba City SUTTER 95901 Marysville YUBA 95918 Browns Valley YUBA 95925 Challenge YUBA 95935 Dobbins YUBA 95961 Olivehurst YUBA 95531 Crescent City DEL NORTE 95543 Gasquet DEL NORTE 95548 Klamath DEL NORTE 95567 Smith River DEL NORTE 95501 Eureka HUMBOLDT 95521 Arcata HUMBOLDT 95536 Ferndale HUMBOLDT 95542 Garberville HUMBOLDT 95546 Hoopa HUMBOLDT 95553 Miranda HUMBOLDT 95555 Orick HUMBOLDT 95556 Orleans HUMBOLDT 95560 Redway HUMBOLDT 95565 Scotia HUMBOLDT 95415 Boonville MENDOCINO 95437 Fort Bragg MENDOCINO 95445 Gualala MENDOCINO 95449 Hopland MENDOCINO 95460 Mendocino MENDOCINO 95482 Ukiah MENDOCINO 95573 Willow Creek MENDOCINO 95585 Leggett MENDOCINO 95939 Elk Creek GLENN 95963 Orland GLENN 95988 Willows GLENN 95422 Clearlake LAKE 95451 Kelseyville LAKE 95453 Lakeport LAKE 95458 Lucerne LAKE 95461 Middletown LAKE 95568 Somes Bar SISKIYOU 96014 Callahan SISKIYOU 96023 Dorris SISKIYOU 96027 Etna SISKIYOU 96038 Grenada SISKIYOU 96039 Happy Camp SISKIYOU 96058 Macdoel SISKIYOU 96097 Yreka SISKIYOU 96134 Tulelake SISKIYOU 95526 Bridgeville TRINITY 96010 Big Bar TRINITY 96041 Hayfork TRINITY 96052 Lewiston TRINITY 96093 Weaverville TRINITY 96015 Canby MODOC 96101 Alturas MODOC 96104 Cedarville MODOC 96108 Davis Creek MODOC 96003 Redding SHASTA 96007 Anderson SHASTA 96013 Burney SHASTA 96017 Castella SHASTA 96113 Herlong LASSEN 96123 Ravendale LASSEN 96130 Susanville LASSEN 96132 Termo LASSEN 96137 Westwood LASSEN 96022 Cottonwood TEHAMA 96029 Flournoy TEHAMA 96055 Los Molinos TEHAMA 96061 Mineral TEHAMA 96080 Red Bluff TEHAMA

96017 Castella SHASTA, $1,172.24

Insurers Give Greater Weight to Where You Live, or Your Gender, Than to How Well You Drive
Rating Factors Used by One of California's Largest Automobile Insurers

Gender, Marital Status Cost/Frequency ZIP Code Bands DRIVING SAFETY RECORD (mandatory) 20.04 16.09 12.85 11.62 8.81 7.26 2.88 2.35 2.11 1.20 0.88 0.29 0.26

24.14 24.12

Auto Rating Factor

ANNUAL MILEAGE (mandatory) Multi/Single Car YEARS OF DRIVING EXPERIENCE (mandatory) Multiple Line Average of Optional Factors' Weights Persistency Academic Standing Driving Safety Education Percentage Use by Driver Usage of Vehicle Mature Driver Improvement 2nd Driver Characteristics

0.00

5.00

10.00

15.00

20.00

25.00

Weight

Prepared by Consumers Union of U.S., Inc. Revised 3/5/2004

Widows and Singles Pay 36% More Than Married Drivers with Geico Insurance
$1,400 $1,338 $1,300

$1,200 $1,116 $1,100 Annual Premium $987 $1,016 Single/Widow Married $823 $800 $750

$1,000

$900

$700

$600

$500 Chico (Butte County) Placerville (El Dorado County) Greenville (Plumas County)

Source: Online Premium quote from Geico.com; 45 year old male, perfect driving record; standard full coverage


				
DOCUMENT INFO