Statute · California Insurance Code

Cal. Ins. Code § 11629.7 — California Low-Cost Automobile Insurance Program

Cal. Ins. Code § 11629.7

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
2015-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

(a) There is established, within the California Automobile Assigned Risk Plan established under Section 11620, a low-cost automobile insurance program for all counties in California.

Citator

Cal. Ins. Code § 11629.7 — California Low-Cost Automobile Insurance Program is in force in the current edition of the Code, and nothing recorded condemns it.

(a) There is established, within the California Automobile Assigned Risk Plan established under Section 11620, a low-cost automobile insurance program for all counties in California.

(b) The commissioner, after a public hearing, shall approve or issue a reasonable plan for the equitable apportionment, among insurers required to participate in the California Automobile Assigned Risk Plan established under Section 11620, of persons who are eligible to purchase through the program a low-cost automobile insurance policy, as described in Section 11629.71. The program shall be conducted in conjunction with the California Automobile Assigned Risk Plan established under Section 11620.