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Auto Insurance

Low cost auto insurance in S.J. County gets the OK.

By summer, eligible San Joaquin County residents will be able to purchase the minimum auto insurance required by the state for less than $400 a year. State Insurance Commissioner John Garamendi determined Tuesday that San Joaquin, Sacramento and Contra Costa counties met the…

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Safe, low-income drivers may get an insurance boost.

San Joaquin was added to a list Monday of eight counties targeted for expansion of the California Low Cost Automobile Insurance Program, which provides eligible low-income good drivers with state-required liability coverage for less than $400 a year. A town-hall meeting conducted by state Insurance Commissioner John Garamendi will be held next Tuesday to gauge the community's interest in the program. With enough support, the low-cost insurance program could be rolled out in San Joaquin County... Source : accessmylibrary.com

Low-cost auto liability insurance sponsored by state now available

At least 165,000 drivers in San Diego County are uninsured, but some of them might qualify for new low-cost insurance sponsored by the state. Standing in front of a Department of Motor Vehicles office in Hillcrest yesterday, state Insurance Commissioner John Garamendi introduced a program that would allow the county's low-income motorists with good driving records to get state-required liability coverage at an affordable price, in some cases as little as $268 a year. The policies are available through the California Low Cost Automobile Insurance Program, which became available recently here and in five other counties. “The standard auto insurance

Affordable premiums: Low-cost auto insurance now in San Joaquin.

San Joaquin County residents who qualify can purchase the state's bare-minimum required automobile-liability insurance for $295 per year. "That's a pretty good rate," said Jagmohan Singh, an agent with Amar Insurance in French Camp who is certified to sell the policy. Good drivers with incomes of no more than $24,500 for an individual or $50,000 for a family of four whose vehicle is valued at $20,000 or less and who live in the county are eligible. To sign up, consumers should call the California Automobile Assigned Risk Plan toll-free at (866) 602-8861 and be prepared to answer 10 questions

Low-cost auto insurance program to expand to Sacramento.

State Insurance Commissioner John Garamendi will expand California's low-cost automobile insurance program to eight additional counties, including Sacramento, later this year. On Monday, Garamendi announced plans to include Sacramento, Imperial, Kern, Contra Costa, San Mateo, Santa Clara, San Joaquin and Stanislaus counties in the program.... Source : accessmylibrary.com

INSURANCE; Why Homeowners Stay With Low Deductibles

WHILE many people shopping for auto insurance seem to be heeding the experts' advice -- take higher deductibles and save on premiums -- most homeowners continue to prefer low deductibles, whatever the cost. The State Farm insurance companies, for example, said 64 percent of its homeowners' and renters' policies nationwide have a $250 deductible; 11 percent, $500, and only 3 percent, $1,000. Even more striking, of the remaining 22 percent, "most have a $100 deductible," said Jerry Parsons, a State Farm spokesman. At the Farmers Group, which is based in Los Angeles and provides policies throughout the West and Midwest,



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