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Is There A Federal Law That Requires People Having To Purchase Automobile Insurance Like The New Health Care? |
I need to know this so I can win or lose an argument.
| Answer: Federal, no. Individual states, yes. |
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Does California Have An Insurance Law That Forces Parents To Have Automobile Insurance For Adult Children? |
We have an 18 (almost 19) year old living with us, that has not and will never drive our vehicles. He is going to be buying a car for himself, and while shopping around for insurance quotes, my wife was told by our current Insurance company that her and I were REQUIRED to have him covered on our policy, regardless if he does or ever will drive our vehicles. I would understand if he were not an adult, but he didn't have a Driver's License until he was 18. The Insurance Broker then actually said, that if our son wants to drive (or steal) or vehicle bad enough, he would/could. Is there a provision in California DMV Law that resembles this, or is it B.S.?
| Answer: There is no such law. However is some insurance company will not sell you a policy without accountiing for the risk that attends having another adult driver in the household, that is there business, They are not required to do business with you and you are not required to buy the policy that they are offering. |
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The Minimum Amount Of Automobile Insurance Coverage Required By Law Is:? |
| Answer: depends on your state. ask a local agent. |
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What Are The Exact Requirements In The State Of California On Auto Liability Insurance? |
where would I find a copy of the California State laws on Automobile Insurance requirements?
| Answer: The answer "shjf47" gave you is the correct minimum automobile insurance requirements in the State of California. Consider, however, that even a modest accident will eat up all of this liability coverage, and could place any assets you have in jeopardy. To be even remotely safe you should carry 100,000/300,000/50,000 coverage (this is the amounts most finance companies, and rental agreements require). It really doesn't cost that much more, and it protects your assets better. California's automobile laws can be found as a sub-section of the California Vehicle Code which you can find a link to at "www.dmv.ca.gov." |
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Should The Federal Government Get Into The Car Insurance Business? |
The automobile insurance companies are making billions off of us.
Shouldn't the federal government step in and compete against them for our business?
After all we are required by law to have insurance.
Isn't it wrong for these companies to actually make a profit off of a product they are selling? Shouldn't the federal government put a stop to this profiteering?
| Answer: when i was 18 i got a ticket for going 43 in a 35. my insurance went up $4,600 a year (on top of what i already paid). its absurd. its rape. i'm mad as hell and i'm not gonna take it anymore |
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If car insurance won't pay for a particular claim you have some options. Learn what to do if car insurance won't pay with help from an ...
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