Factors in setting auto insurance rates
Re “Major Shift in Auto Policies,†July 10
The setting of auto insurance rates based on how safely and how much customers drive was in place in Sweden in the 1960s when I worked there. It was wonderful to see my premiums decrease with each year of accident-free driving. It is intriguing that Sweden, with a population about the same as L.A. County, could set rates that we are just now, 40 years later, about to enjoy.
C. RAY CARLSON
Altadena
*
Proposition 103 was about fairly pricing insurance. Insurance rates should be based on the likelihood of having an accident. Age, driving history and ZIP Codes are the top three factors in that determination. It is not fair to now penalize primarily rural drivers by eliminating ZIP Codes as a factor.
JIM KETCHAM
Malibu
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
