AAA to reduce rates on policies

Starting July 1, Auto Club insurance customers willget a 4.1 percent rate reduction on policies, thanks to new discounts beingintroduced, state Insurance commissioner Dave Jones said today.

“With the economy still recovering, this significant decrease deliverssavings to more than 1 million drivers in Southern California,” Jones said.”The Auto club has again stepped up and put their policyholders’ interestsfirst. They have a history of rate decreases and have set an example I hopeother insurance companies will follow.”

New discounts include increased multi-policy discounts for homeowners,new group discounts for alumni association members, expanded discounts formedical professionals and certified public accountants, and student-awaydiscounts for policyholders with children in school out of town and without acar, according to the Auto Club.

Auto Club President Robert Bouttier said the rate reduction was thefourth approved over the past nine years.