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For example, increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15% to 30%. Going to a $1,000 deductible could save you 40% or more ...
August 19, 2024 at 4:29 PM. OAKLAND, Calif. - A new report identified California among the three states that could see auto insurance rates spike by more than 50% by year’s end. Insurance ...
t. e. Proposition 103, titled Insurance Rate Reduction and Reform Act, was a California ballot proposition voted on in the 1988 California General Election. It passed with 51% of the vote on November 8, 1988. [1] Proposition 103 expanded the regulatory capacities of the California Department of Insurance, especially in property and casualty ...
Per state law, all drivers must carry at least the minimum coverage amount for liability insurance to financially protect themselves and other drivers on the road, which includes the following ...
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 ...
Most states in the contiguous U.S. have a program like LCA. The rates, or premiums, vary by county in the State of California. The down payment is 15% of the nominal premium. The payments are bi-monthly (every other month), and the remaining balance is divided into six installments. Details on the LCA program can be found on the CA DMV website.