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No, California law prohibits gap insurance from being required. It is an optional coverage type for qualifying vehicles but is banned from being required as the condition of a loan or auto sale ...
It may have rebounded to 9.5% in 2023, but that's still below the 11.1% average for the S&P 500 as a whole. So, as aggravating as soaring premiums are for drivers, insurers are largely blameless ...
The cost of adding an 18-year-old to their parents’ policy is $4,258 — 38 percent less than an 18-year-old on their own. While remaining on your parents’ car insurance policy may seem like ...
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 options. [1] When you apply for the program ...
Young invincibles. Members of the United States population between the ages of 18 and 29 who decide that it is in their financial best interest to forgo health insurance are sometimes referred to as young invincibles by the insurance industry, [1] a term coined to express the idea that the young demographic perceives themselves as immune to ...
Here are seven surprising factors that may affect your car insurance rate. 1. Your Sex. In most states, your sex can directly affect your rate. Men typically drive more miles than women and tend ...
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