01-02-2010, 09:24 AM
|
 |
Senior Club Cobra Member
|
|
|
Join Date: Dec 2001
Location: Shasta Lake,
CA
Cobra Make, Engine:
Posts: 26,618
|
|
Not Ranked
Ok here it is. It is under The Individual Must Retain A Minimum Insurance section that I mentioned above.
APPLICABLE DOLLAR AMOUNT- For purposes of paragraph (1)--
`(A) IN GENERAL- Except as provided in subparagraphs (B) and (C), the applicable dollar amount is $750.
`(B) PHASE IN- The applicable dollar amount is $95 for 2014 and $350 for 2015.
`(C) SPECIAL RULE FOR INDIVIDUALS UNDER AGE 18- If an applicable individual has not attained the age of 18 as of the beginning of a month, the applicable dollar amount with respect to such individual for the month shall be equal to one-half of the applicable dollar amount for the calendar year in which the month occurs.
Do you think that any insurance is going to be less than the fine of $750 per year? I agree it is to early to pin down any rates, but it isn't to early for them to tell the people what they consider affordable. Whose standard is it based on. Theirs with their unlimited money, the working people with their average incomes, or what.
Ron  |
Threaded Mode
