Los Angeles Auto Insurance is very similar to auto insurance in other states and cities. But, it is little more complicated than other states and cities.
The Department of Insurance of California does use a strict regulatory environment - under the 2-decade-old Proposition 103 initiative - to keep rates lower. Also the various up to date changes that people have made, such as in people's driving lifestyle and vehicle preferences have been keeping rates in check, much to the California resident's elation.
The Auto Insurance industry is regulated by Proposition 103, making it impossible unless a public approves the insurance rate hike. The Los Angeles Auto Insurance rates will be determined by few factors, such as drivers driving records, the number of miles driven, and experience of drivers.
Insurance companies are not required to give discounts to the customers, but certain discounts are offered when asked. Good drivers will be rewarded with discounts. Furthermore, if your car has an anti lock brakes, alarm system, or airbags additional discounts will be offered. If you have homeowners insurance or other insurance with the same carrier, you will also received further discounts.
On the other hand, expect to pay more if you own an auto that is very expensive to repair, as the parts may have to come from Europe for example. Or, you may pay more if your particular car is high on the list of desired cars and therefore it has an abnormally high incidence of auto theft. Worse yet, you'll pay more if your particular make of car has an unusually high rate of bodily injury associated with it. Therefore it behooves you to do your research prior to buying a car if you'll need to get it insured in Los Angeles.
Los Angeles auto insurance companies will be glad to give you auto insurance discounts if you ask for them, and perhaps it would be very helpful for you to make a list of what you believe you should qualify for. Sometimes you'll receive if you ask.
