California consumer enjoys a favorable auto insurance regulatory environment today that provides much better protection for people of California than other states in the US. The current California auto insurance consumer friendy rules and regulatation is mostly due to passage of Proposition 103 in 1987. Now in California the Department of Insurance tightly monitors all activities of auto insurance companies. Each California auto insurance company must ask for approval of it’s insurance rate from the California insurance department before start charging consumer. Their auto insurance rate filling must be justified along with loss and expense. By law California auto insurance companies can not make excessive profit more than what proposition 103 permitted. Any licensed California personal line automobile insurance company must file quarterly profit and loss report with the California Department of Insurance in order to continue doing business of auto insurance in California.
Mercury Insurance stood by the people of California and never left the golden state unlike other auto insurance companies that had left this state after passage of Prop 103 in 1987. Mercury insurance has complied with Prop 103 auto insurance regulation and has provided the “affordable high quality” auto insurance policies during it’s history. Call Expert today to get the best Mercury auto insurance policy in California or visit: http://www.expertautoinsurance.com http://www.expertins.com
