NU Online News Service, June 28, 2:41 p.m. EDT

Some consumers living in states not requiring auto insurance coverage will be unable to secure the government subsidies offered for trading in gas guzzling vehicles for low mileage ones, according to rules released for the program.

One of the rules provisions of the "cash for clunkers" program issued by The National Highway Traffic Safety Administration is that consumers must prove they have had insurance for a year on the car they are replacing.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.