California Car Insurance

California has some of the highest rate of car insurance in the United States. According to the law in the state of California, car owners need to have insurance cover of bodily injury of 15,000 dollar per person. Anyone who is driving a car, whether it is their own or someone else’s, the driver needs to carry evidence of auto insurance.
The main reason for the car insurance laws in California is to ensure that drivers and owners of motor vehicles must be financially responsible for their actions. One of the ways of taking care of the financial responsibility is through taking coverage from an automobile insurance company.

If a vehicle is involved in an accident, where the driver has been proved to be legally liable, the bodily injury insurance will take care of this liability. However, if damage to some property is involved during an accident involving a vehicle, the property damage liability of the insurance will take care of this.

There are several insurance companies that offer insurance cover to vehicle owners in California. Before you takeCalifornia car insurance, you have to be fully aware about all aspects related to his. If you can find insurance an insurance policy at the rate you require, there is nothing like it.
California Car Insurance gives us information about the rules and regulations of Car Insurance in California. In the United States, Car Insurance Regulations vary from one state to another state.

If a person wants to drive in California, he has to make sure that he is financially capable of taking the responsibility of any accident caused by him or where he is involved. For doing this, there are certain procedures.

That particular person has to purchase a distinctive Car Insurance Policy. The coverage amount chosen for matters like comprehensive or collision may be variegated. Nevertheless, California Car Insurance regulations has set the minimum limits of liability.

Bodily Injury: For the injury or death of any individual in any one accident, it is $15,000. For each individual in any one accident, it is $30,000.

Property Damage: For Property Damage, the liability limit is $5,000 for one accident.

  • A Cash Deposit of $35,000 has to be submitted to the Department of Motor Vehicles (DMV). This deposit is kept and utilized in case an accident occurs. If the deposit is used up by an accident, it has to be repaid.
  • For people who have a group of motor vehicles exceeding 25 vehicles, a Certificate of Self-Insurance may be issued by the Department of Motor Vehicles.
  • A Security Bond has to be purchased for $35,000. It may be bought from any of the Insurance Companies who have the license for doing business in California State.

If at least one of the above mentioned rules is not conformed to, the operation of the vehicle will be termed illegal. The driver’s license can be suspended due to one offense. Nevertheless, a majority of people goes for the first option-buying a Car Insurance Policy from a Car Insurance Company.

The terms related to the Conventional Car Insurance Policy include the following:

Bodily Injury: The coverage amount which is available if a person is responsible for an accident and some other individual has been injured.

Property Damage: The coverage amount which is available if a person is responsible for an accident and some other individual’s property has been damaged. It may include their car or any other property.

Uninsured/Underinsured: This coverage is applicable if a person is involved in a motor vehicle accident not because of his fault but the other driver’s fault, and that driver either has no coverage or his coverage is not sufficient.

Medical Payments: This type of coverage is planned to cover medical expenditures irrespective of faults involved in the accident.

Collision: The coverage amount that is available for a person’s own vehicle irrespective of any fault. Generally, Insurance Companies may provide deductibles for this kind of coverage for lowering the cost. They range from $500 to $2,000.

Comprehensive: The coverage amount available for any individual for his personal vehicle for some other causes like hail, theft, fire, and deluge. Deductibles are also offered by a large number of Insurance Companies for Comprehensive Coverage.

The Leading Car Insurance Companies in California include:
AllState Insurance Company
Amco Insurance Company
21 st Century Insurance Company
Atlantic Mutual Insurance Company
AIG Indemnity Insurance Company
Geico General Insurance Company
GuideOne Mutual Insurance Company
Hartford Casualty Insurance Company
State Farm General Insurance Company
Infinity Insurance Company