California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 3 - Insurers
Article 8 - California Automobile Assigned Risk Plan
Section 2498.6 - California Automobile Insurance Low Cost Program Plan of Operations
The Insurance Commissioner has approved and hereby incorporates by reference a separate plan designated the "California Automobile Insurance Low Cost Program Plan of Operations," effective June 19, 2001, with amendments and effective dates through June 28, 2024. The California Automobile Insurance Low Cost Program Plan of Operations is the statutorily-required plan for the equitable apportionment, among insurers required to participate in the California Automobile Assigned Risk Plan, of persons residing in California who are eligible to purchase a low cost automobile insurance policy. The Plan also sets forth procedures which insurance producers and applicants shall follow to obtain a low cost automobile insurance policy. A low cost automobile insurance policy is available for policies issued or renewed on and after July 1, 2000. This Plan has been filed but for the present is separately published, not as part of the California Code of Regulations. The Plan may be examined at the office of the Insurance Commissioner in Oakland and copies may be obtained from the California Automobile Assigned Risk Plan, P.O. Box 6530, Providence, RI 02940.
Note: Authority cited: Sections 11620, 11629.7, 11629.72, 11629.73 and 11629.79, Insurance Code. Reference: Sections 1734, 11580.2, 11620 and 11629.7- 11629.85, Insurance Code.
Note: Authority cited: Sections 11620, 11629.7, 11629.72, 11629.73 and 11629.79, Insurance Code. Reference: Sections 1734, 11580.2, 11620 and 11629.7- 11629.85, Insurance Code.