Major Car Insurance Companies Getting Out of California
Written by KCAL News Staff
Published Jan. 23, 2023
Major auto insurers are pulling back in the California marketplace, saying the state's drivers are just too expensive to insure.
Californians are driving about as much as they were before the pandemic, but apparently not as well.
Auto accidents are up and some insurance companies say they are paying out more than they are taking in. But, the insurance commissioner says the facts don't support their claims.