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Originally Posted by Cynthetiq
....When I lived in California the voters voted for better auto insurance. I believe all that media, I was going to get money back for all the insurance redlining and disproportionate charging of rates. I didn't even get a nickel back. I moved out of the state and as far as I know all my friends and family that live in CA still haven't seen dime one from that voter mandate. It was a bunch of hogwash and I'm not buying it again.
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If you're referring to Prop 103 in Cali, auto insurance prices in California declined in the subsequent 10 years (according to the Consumer Federation of America):
Auto insurance prices in California declined 4 percent between 1989 and 1998 while jumping an average 38.9 percent nationwide, according to a new survey released by Consumer Federation of America.
....Ralph Nader and other consumer advocates credited Proposition 103, passed by the state's voters in 1988, which tightened insurance regulation.
"California stands out," said Robert Hunter, director of insurance for Consumer Federation, who prepared the study. He said Prop. 103 brought smaller rate increases, fewer uninsured drivers and more insurance companies to the state — as well as fatter profits for the companies.
http://abcnews.go.com/Business/Autos...d=88105&page=1
I dont know if Hilary's solution is the answer, but health care reform that results in significantly lowering the number of uninsured can result in the same win-win.