Which statement about qualification for the low cost insurance program is inaccurate?

The statement regarding the qualification for the low-cost insurance program that is inaccurate is that an individual must be licensed for two years.

In the context of low-cost insurance programs, typically, there is no requirement for the applicant to have a specific duration of licensing. Instead, the program emphasizes meeting specific income and eligibility criteria, which may include factors like having a clean driving record (e.g., having one point), being of a certain age (at least 19), and demonstrating financial need or low income. This makes it possible for newer drivers or those who may not have held a license for two years to still qualify, as long as they meet the other conditions set forth by the program.

Understanding these criteria is essential for brokers and applicants to navigate the low-cost insurance landscape effectively.