California Prohibit Discrimination in Insurance Rates Based on Policy History (2010)
|Not on Ballot|
| This measure did not or |
will not appear on a ballot
On October 6, 2009, Douglas Heller filed a request with the Office of the California Attorney General for an official ballot title on an act that he is calling the "Fair Insurance Premiums and Practices Act."
The petition has been cleared for circulation with a deadline of April 29, 2010.
If this measure succeeds, it will change California's laws about insurance rates in these ways:
- Insurance companies will be prohibited from raising rates on policy holders who file a claim, if the incident was not the fault of that policy holder.
- Insurance companies will not be allowed to charge higher rates to policy holders who let their policy lapse, or who are purchasing a policy for the first time.
Ballot title: Limits on Insurance Company Practices. Initiative Statute.
Official summary: Prohibits insurance companies from determining the cost of, or eligibility for, residential property insurance based on a person's history of certain insurance claims or lack of prior insurance coverage. Prohibits insurance companies from determining the cost of, or eligibility for, insurance based on whether a policy holder has previously inquired about the insurance policy. Requires insurance companies to submit to the Insurance Commissioner the criteria used to determine the cost of, and eligibility for, residential property insurance.
Estimated fiscal impact: This measure would probably have no significant net fiscal effect on state or local governments.
- California Stop Insurance Overcharges Act (2010). This measure was also filed by Douglas Heller.
- California Continuous Coverage Auto Insurance Discount Act (2010). This measure is sponsored by Mercury Insurance, and does approximately the opposite of the measures proposed by Heller.