March 28, 2021

California Insurance Commissioner Lara said the steep drop in the number of miles driven has greatly reduced the number of accidents and claims paid by insurers. Lara ordered insurers last year to reduce premiums and saved customers $1.74 billion last year. He went on to say they didn’t cut their prices enough to reflect the decline in claims. “The bottom line: Insurance companies overcharged customers and need to do more to make it right and help Californians recover.”

The reality is overcharges for April 2020 alone came to $220 million after the commissioners ordered car insurers to report to him by April 30, 2020 their plans for refunding premiums to drivers. His department said a review of the top 10 insurers in California who represent more than 80% of the market showed they cut their rates by 9%. An analysis by the state showed they should have cut rates by 17%. During that seven month time period claims for property damage and bodily injury dropped more than 40%.

Lara’s announcement came just a day after State Farm announced it was returning $400 million worth of car insurance premiums to its 3.5 million policyholders after “better than expected claim results.” The refunds will average $100 per policy and cover the second half of 2020. “Insurers continue to work with policyholders to adjust their policies in 2021” said Mark Sektman the vice president of an industry group. “Policyholders are encouraged to communicate any reduction in driving habits to their insurer to discuss adjustments to those premiums if those changes have not already happened automatically.”

We represent people who are injured because of the careless and reckless acts of others. At the end of the day your case can only be settled one time and you need to know all of the facts beforehand. The reason that insurance companies have paid our clients in excess of $130,000,000.00 is that we get the facts and are not intimidated at the prospect of going to trial when insurance companies fail to offer full compensation. We help with serious injuries that require serious representation. We are the Law Offices of Guenard & Bozarth, LLP. Our attorneys have more than 60 years of experience specializing in only representing injured people.. Call GB Legal 24/7/365 at 888-809-1075 or visit www.gblegal.com We would be honored to represent you!

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

INSURANCE COMPANIES KNOW US BECAUSE THEY’VE PAID OUR CLIENTS OVER $130 MILLION DOLLARS.

$2.9

MILLION

CAR ACCIDENT INJURY

Guenard & Bozarth llp obtained a $2,962,903 jury verdict in the Sacramento County Superior Court for plaintiff David Schoonover, who suffered head and neck injuries and fractures in a head-on accident on Roseville Road in Roseville on July 22, 2012

$300

THOUSAND

HAIR SALON INJURY

Guenard & Bozarth LLP recently settled a case for $300,000 involving a hair weave that went terribly wrong. Our client was a young lady, and aspiring model, who experienced pressure necrosis from a tight weave and it changed her life.

$500

THOUSAND

SLIP & FALL INJURY

Guenard & Bozarth LLP recently settled a slip and fall case for $500,000 a couple weeks before trial. The client slipped and fell on a wet piece of cardboard in a grocery store and sustained a serious shoulder injury that required surgery.

$300

THOUSAND

NEGLIGENCE INJURY

On February 13, 2013 Maricela, a Certified Nursing Assistant presented to Santa Barbara Cottage Hospital Emergency Room with complaint of neck and back pain. She was diagnosed with a neck strain and was given Ibuprofen and instructed to return if her symptoms did not subside.

YOUR STORY MATTERS TO US

Contact Preferences

How would you like to be contacted? Check all that apply.

This field is for validation purposes and should be left unchanged.

Never in my life did I think I would recommend an attorney. Somehow God sent this angel of an attorney to assist me in my personal injury lawsuit. I was told by lawyers in Bakersfield that my lawsuit was frivolous because there was money in it.

– Bill
Read More

I live in Elk Grove where we don’t always have a lot of choices. Lawyers are one area where we have few good choices. I wanted to work with a local law firm after my motorcycle accident, and I chose Glenn Guenard and Ross Bozarth.

– Lloyd
Read More

My daughter was involved in an automobile accident in an intersection on her 17th birthday. The other person said it was her fault and my daughter said her light was green. I am not the sort of person who sues but my insurance
– Sharon
Read More