PDFprof.comSearch Engine CopyRight

When did auto insurance become mandatory in California


California's minimum financial responsibility law was first mandated in 1974. At that time, the mandatory minimum was established as $15,000 for a single injury or death; $30,000 for injury to, or death of, more than one person; and $5,000 for property damage, in any one collision.

When did it become a legal requirement to have car insurance?

Under the Road Traffic Act of 1930 it became compulsory for drivers to be insured for their liability in the event of an accident. While motor insurance had been in existence for 30 years by this point, this was the first time it had become mandatory.

Is auto insurance required by law in California?

Insurance (also referred to as financial responsibility) is required on all vehicles operated or parked on California roads. You must carry evidence of insurance in your vehicle at all times and it must be provided when: Requested by law enforcement.

Did you need car insurance in the 70s?

North Carolina followed suit in 1957 and then in the 1960s and 1970s numerous other states passed similar compulsory insurance laws. Since the genesis of automotive insurance schemes in 1925 nearly every state has adopted a compulsory insurance scheme.