Mercury Insurance Is Spending Millions of Dollars on Prop 17 To Surcharge Good Drivers In Tough Times
Prop 17 would allow insurance companies to raise insurance prices by imposing premium surcharges that are currently illegal. The initiative:
- Allows insurance companies to raise auto insurance prices up to $1,000/year for customers who didn’t have auto insurance at some point in the past five years, even if they weren’t driving or didn’t have a car.
- Allows insurance companies to raise auto insurance prices for customers who have ever been canceled for missing one payment, even if they restarted their insurance immediately.
- Will lead to higher Uninsured Motorist premiums for all insured drivers.
Prop 17 says one thing, but does another.
Mercury Insurance says the initiative is simply to allow companies to hand out discounts to customers. When was the last time a big insurance company spent millions to save consumers money? Prop 17 actually guts a key consumer protection, reducing accountability for insurance companies so they can raise premiums.
Who Does Proposition 17 Target?
- A soldier serving on base in the United States would be penalized when he returns to civilian life in California and needs auto insurance.
- If someone loses their job and cannot afford insurance or even a car for a time, they would be surcharged when they get back on their feet and try to get insurance.
- A senior citizen who stops driving for several months after surgery would be penalized when she tries to shop for new insurance coverage.
- A family whose coverage was canceled after missing just one auto insurance payment would be penalized even if they tried to restart coverage immediately after they were canceled.
- Anyone who gives up their car for car sharing or to bike to work or relies on public transportation would be penalized when they need a car and insurance again.
- Students who are away at college and don’t need a car would be penalized when they graduate and need a car to enter the workforce.
- Everyone buying auto insurance for the first time would pay the Prop 17 surcharge.
If Prop 17 passes, there will be more uninsured drivers, raising premiums for all drivers.
Vote No on Prop 17
http://StopProp17.org
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