California has expanded its low cost auto program to 20 morecounties in the state enabling low income drivers to purchase autoliability coverage for under $400 a year.
|State Insurance Commissioner Steve Poizner made the announcementtoday saying that the California Low Cost Automobile Insuranceprogram would be expanded.
|The program is now available in 42 counties in the state,providing eligible low-income, good drivers with state requiredliability coverage. The department said that since its inception,34,161 policies have been issued. Policies are issued by licensedinsurers and administered by the California Automobile AssignedRisk Plan.
|The plan is not subsidized by taxpayers. Rates are set in eachcounty so that premiums are sufficient to cover losses and expensein each county, the department said.
|Mr. Poizner announced he is seeking to expand the program intothe state's 16 remaining counties.
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