Zip codes focus of Calif. car insurance overhaul

Newswire

By Jim Christie SAN FRANCISCO, Dec 22 (Reuters) - Where a driver lives in California would no longer be a significant factor in determining automobile insurance rates under new rules proposed on Thursday by the state's insurance regulator. Insurance Commissioner John Garamendi said the new regulations would benefit the state's good drivers no matter where they reside. Currently, depending on where good drivers live, they may pay more for car insurance than bad drivers in other areas ...

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