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New law increases California's auto insurance minimums. Karen Garcia. January 3, 2025 at 5:14 PM. ... In 2022, Gov. Gavin Newsom signed Senate Bill 1107, also known as the Protect California ...
In California, minimum coverage car insurance requirements are 30/60/15 effective Jan. 1, 2025. Utah minimum coverage limits will increase to 30/60/25. Virginia limits will be 50/100/25.
Image source: Upsplash/The Motley Fool. The cost of an average auto insurance policy will rise by 22% in 2024, and residents of some states could see the cost of coverage rise by 50% or more ...
The increase comes after auto insurance premiums grew at an “unprecedented rate” of 7.9% in 2022 and 5.9% in the first six months of this year, the report said. Add to that still high ...
Insurance Commissioner Ricardo Lara announced the update during a hearing Wednesday in front of state lawmakers. Changes to California home, auto insurance rate process expected to be unveiled ...
The debate is growing louder as a major insurer in the state is requesting an almost 40% rate increase. Fight intensifies over delays in approving California auto, home insurance price hikes Skip ...
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