California Insurance Code

§ 11629.71

INS § 11629.71 Effective Jan 1, 2015Div. 2 · Part 3 · Ch. 1 · Art. 5.5

Statute text

A low-cost automobile insurance policy for purposes of the program established under this article shall have all of the following attributes:

(a)The policy shall offer coverage in the amount of ten thousand dollars ($10,000) for bodily injury to, or death of, each person as a result of any one accident and, subject to that limit as to one person, the amount of twenty thousand dollars ($20,000) for bodily injury to, or death of all persons as a result of any one accident, and the amount of three thousand dollars ($3,000) for damage to property of others as a result of any one accident.

(b)The coverage required by Section 11580.2 shall be made available to the consumer. However, an insurer may charge a premium for that coverage in addition to the premium set forth in Section 11629.72. Notwithstanding the coverage amounts required by Section 11580.2 and Section 16056 of the Vehicle Code, uninsured motorist coverage issued in conjunction with a low-cost automobile policy under the program, with coverage limits at least equal to the limits of liability in the underlying low-cost automobile policy, shall satisfy the requirements of Section 11580.2 and the financial responsibility requirements of Sections 4000.37, 16021, and 16431 of the Vehicle Code.

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Legislative history

Amended by Stats. 2014, Ch. 487, Sec. 2. (SB 1273) Effective January 1, 2015.