Capital Insurance Group (CIG) Increases Auto Rates 12%

Due to the higher costs of doing business in California and the increase in the number of uninsured/underinsured drivers, CIG is raising its liability rates. Effective December 1, 2012, these changes will take effect:

• Average liability rates up 12%
• Average physical-damage rates down 10% 
• Transportation expense-extended coverage rate up $2 per vehicle 
• Roadside protection plan up $1 per vehicle

There will also be some auto program enhancements:

• Good student discount of 3% available for any student 25 or younger who maintains at least a B average
• Smart Teen Driver discount of 5% for anyone 19 or younger who completes the CHP’s Smart Teen Driver Program
• New cost-saving deductible options of $5,000 for Comprehensive and $10,000 for collision

Most insurance companies are raising rates because they are currently losing money. Call us for a full review of your policy- we can look at ways to lower your rates or switch you to one of our other companies.