Thursday, May 23, 2013
The average policyholder will see a $65 reduction in his or her annual bill. It's the Auto Club of Southern California's fourth rate decrease in the last nine years.
About 1 million customers of the Automobile Club of Southern California will get an average $65 reduction in their annual car insurance bills, the auto club and the state Insurance Department announced.
The total rate cut for all motorists came to $70 million, or 4.1%, for policies that start or renew after July 1.