CA State Minimums
- Bodily Injury Liability: $15,000/$30,000 Limit
- Property Damage Liability: $5,000 Limit
*Required limits for drivers in the CA Automobile Assigned Risk Plan are $10,000/$20,000/$3,000 Limits
The state of CA follows a Tort system meaning a person must be found to be at fault for causing the accident, and that man or woman and their insurer is liable for all the resulting costs. You should be mindful that the contingents of a tort system vary from state to state.
You can get uninsured motorist coverage added to your california auto insurance in order to address bodily injury caused by an uninsured and/or underinsured driver (depending on the state). CA does not require drivers to purchase this coverage, but you should consider purchasing this valuable coverage.
The average auto insurance premium for residents in California was $950 in 2003; The national average rate was $914. Some people think the state and insurance companies fix the rates, so they never compare current insurance rates for better rates.
Insurance companies segment their rates differently so everyone’s rate will be different with each company. To save money on auto insurance, you need to compare current auto insurance quotes. Yoiu can visit several sites to compare rates and less epensive prices available in CA, so average Californians can get a very affordable rate on their auto insurance.
The most recent decrease in insurance rates occurred in 2007. 2007 had a .5% to 1% decrease in auto insurance rates from 2006. In 2009, premiums are expected to slowly increase once more! Insurance sites recognize that the only way to save is to get a rate quote. These types of auto insurance comparison sites use advanced technology to let you find the least expensive insurance rates
In a large state like California, changing demographics cause rates to change over the years. If you don’t keep an eye on your rates and don’t compare current rates, you could see your insurance premiums rise like they did from 2000-2002. In those 3 years, the average rates enlarged almost 24%!
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