A simple message was delivered by the Insurance Commissioner Dave Jones at San Diego City College today. Now students who have financial difficulties can approach the California Department of Insurance for financial aid, by obeying the law.
The Insurance Commissioner appeared on the campus and was part of the Cinco de Mayo festivities that took place, where students were introduced to the California Low-Cost Automobile Insurance Program (CLCA). Students are offered automobile insurance at affordable rates especially for those that qualify.
Jones stated that in this recovering economy most Californians and mostly students were looking for ways and means to get more value for their money. Hence, this program according to Jones meets the requirements of California’s insurance and is ideally suited for most college students.
The state’s financial responsibility laws of insurance less than $400 per year can be met with the CLCA program which provides affordable auto insurance (liability only). This is especially appealing for students who face rising costs, but all Californians can easily apply for this, stated Jones.
There are already many students who shop for insurance online and most of them look forward to availing discounts. Hence the California Department of Insurance as well as the ASUS Computer International have long been working on this program and have managed to introduce this in college campuses all over the state. During the event, the representatives from the Insurance Department used the ASUS products and provided a demo to show how easy it is to determine the eligibility criteria for those who were interested in the program.
This event organized at the San Diego City College is the third event in the series of events organized by the Insurance Department. All these events have been successful and there would be more such events that would be organized in fall.
The eligibility criteria include:
- The applicant should be a ‘good driver’ with no more than one at-fault and property-damage only accident or one point in a moving violation within the past 3 years.
- The value of the vehicle that is insured must not exceed $20,000.
- In the past 3 years there should have been no at-fault accident that involved bodily injury or death of a person. There must be no charges of misdemeanor conviction or felony for a violation of the Vehicle Code.
- The income eligibility limit of the family must meet $27,000 for one person, $36,775 for two people, and $55,875 for a family of four.
