California State Auto Insurance Laws
These are a few guidelines concerning the auto insurance laws and regulations in California. They might be different from laws in other states, therefore when seeking for auto quotes online you have to make sure you specify which is your state of residence, in order to get accurate quotes from several insurers. This is a very competitive industry, this being in the advantage of the customer. Strong competition helps decreasing prices and that’s no exception for California car insurance auto quotes online or via telephone.
Minimum liability:
- $15,000 for injury/death to one person in a single accident
- $30,000 for injury/death to more than one person in one single accident
- $5,000 for damage to property per accident
Financial responsibility: this has to be obtained for any vehicle that’s driven or parked on Californian roads. It may consist of a motor vehicle liability insurance policy, a cash deposit of $35,000 with the California Department of Motor Vehicles, a self-insurance certificate issued by DMV or a surety bond of $35,000 from a company that owns a business license for California.
It is mandatory that the driver has the proof of insurance or the evidence of financial responsibility with him, any time he drives the car.
Should you not want to go the traditional way, there are alternatives to buying car insurance, but at least in California they involve a significant amount of money. For example, if you deposit $35k with the DMV, you’ll get a certificate stating that you’re covered in the event of an accident. This solution may not be the best for many of you, as it implies blocking so much money.
Do you want some quick tips on saving money on auto insurance in CA or in any other state? Tips are basically the same in all states and the most effective are: going for a higher deductible, buying only the minimum amounts of liability insurance required by the local law and cutting out the extras. Why pay for something you don’t use?
If you want to get California car insurance auto quotes online, you can use this form. It’s totally free and it doesn’t oblige you to purchase anything from the insurers you’ll get quotes from. Keep in mind, though, that there are individual factors that influence the car insurance premiums such as your driving history, your credit rating or your age.
admin @ August 4, 2010