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For example, if a driver with the state’s minimum liability requirements is at-fault in an accident, their insurance company may pay each person in the not-at-fault vehicle up to $15,000 for ...
Minimum self-insurance requirements. California. $35,000 cash deposit or surety bond. Connecticut. $50,000 cash or its equivalent for first vehicle, $60,000 for the second vehicle, $65,000 for the ...
California drivers must at least meet the liability auto insurance coverage requirements of 15/30/5 to drive legally. ... could quickly surpass these minimum limits. In California, driving without ...
Another example, in the state of Oklahoma, drivers must carry at least state minimum liability limits of $25,000/$50,000/$25,000. [6] If an insured driver hits a car full of people and is found by the insurance company to be liable, the insurance company will pay $25,000 of one person's medical bills but will not exceed $50,000 for other people ...
t. e. Proposition 22 was a ballot initiative in California that became law after the November 2020 state election, passing with 59% of the vote and granting app-based transportation and delivery companies an exception to Assembly Bill 5 by classifying their drivers as "independent contractors", rather than "employees". [1][2][3][4] The law ...
California Low Cost Auto Insurance Program. The State of California has in existence an automobile Liability insurance program (LCA) that assists people whose income is below a certain level to purchase insurance at greatly reduced rates. The objective is to give all residents of California the opportunity to be insured by providing affordable ...
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