My 22-year-old son receives a ticket most of the time and recently got a DUI. I’m planning to establish a bond for him and his car. Car insurance is expensive since we live in California. I would like to get your opinion on whether this is a good idea.

Lilian

Berkeley, CA

The California’s Compulsory Financial Responsibility Law states that every owner and driver must be financially responsible. You will find the ways of accomplishing the financial obligations.

1. the motor vehicle should be covered by an auto insurance policy.
2. A $35,000 cash deposit to the DMV
3. A self-insurance certificate from DMV to owners of at least 25 vehicles.
4. A $35,000 surety bond issued by the insurance company in California

The insurance must be at least within the minimum liability required by the state or an approved alternative way to pay for a damage or injury in an accident. A non-compliance of this vehicle code entails a
severe penalty.

It seems that you plan to accomplish financial obligations in number 4. Because of the limited information, I cannot tell you whether this is a good idea or not. You can contact your insurance provider in California to find out which is better provided by your son’s current situation.

The California Department of Insurance telephone line is 800-927-HELP and can be reached from 8 am to 6 am, Mondays
through Fridays except holidays. You can get more information on this matter from them.

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