FLORIDA (AP) — Florida kids can get a $2.50 cash payout for driving their parents’ cars, a program that the state’s largest insurance company said Friday was intended to help parents pay for insurance they can’t afford.
The Florida Insurance Commissioner’s Office said the program allows drivers to pay a minimum of $2 in cash for driving.
It was announced Friday as a pilot program.
The cash payout will be distributed to eligible drivers in January and February, when the program ends.
Insurance companies will receive cash payments in the form of rebates on premiums, if any.
The program is a pilot, the office said.
The program is being overseen by the Florida Insurance Department, which oversees insurance companies and has oversight over other statewide programs.