California auto insurance companies are now able to offer a little assistance to licensed motorists who sport both good driving records and a low income. California’s Low Cost Automobile Insurance Program (CLCA) was established to provide low wage-earners with an alternative to driving without insurance. By state law, all licensed California motorists must carry adequate insurance coverage. The problem is the fact that many drivers discovered they’re unable to afford even the law’s minimum amount of mandated coverage.
Liability-Only Coverage
Under such a plan, coverage is restricted to liability only and is dispensed exclusively by California’s Automobile Assigned Risk Plan. Policies are underwritten by those insurers licensed to render insurance products within the state.
Each California county establishes its premiums on a yearly basis. Those rates paid by coverage participants are intended to handle losses and expenditures to the program on a county-by-county basis. Payment plans are offered to make coverage payments somewhat easier or more manageable. Single male motor vehicle operators licensed to dive in the Golden State are subject to a twenty-five percent premium surcharge.
How to qualify for CLCA:
Income prerequisites for CLCA are as follows:
– Single Person Earning $26,000 or less annually
– Two-Person Family Earning $35,000 or less annually
– Family of Four Earning $53,000 or less annually
– Family of Eight Earning $89,000 or less annually
The following considerations are also factors:
– Zero at fault accidents during the prior three years that resulted in either bodily injuries or a fatality
– Must be at least nineteen years old
– Vehicle must be valued at $20,000 or less
– Cannot have lost license during the prior three years
California insurance companies offer the CLCA program for the sole purpose of helping good drivers afford insurance coverage. For motorists who find it difficult to obtain required coverage, this program is a good option.
By: Weeksie
Article Directory: http://www.articledashboard.com
Eric Weeks, a former 15 year financial planning veteran, is one of the internet’s leading experts on California cheap auto insurance and California discount auto insurance since 1989. Visit these links to learn how you can get the best deal on California auto insurance.
This is a commercial video of other cheap car insurance company in California. Just watch it:
Instant Car Insurance Quotes
If you are looking for auto insurance, you can find instant car insurance quotes on the internet. Everyone wants to get the best car insurance deals possible [...]
Buy Cheap Car Insurance Online
Picking and buying a cheap car insurance online is that easy. Discover where to buy best california car insurance quotes online.
California’s Cheap Auto Insurance
Car insurance featuring optional coverages is a prerequisite necessary to match the vast losses accrued due to auto accidents. In California, for example [...]
California Auto Insurance
Because even minimum coverage is fairly expensive, you may need to seek out cheap California auto insurance. Many people in this state have to look to cheap insurers to help them acquire the best rates that they can and to also obey the [...]
No related posts.