Online Auto Insurance Advises Californians to Consider Higher Coverage Limits

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With the high cost of automobile repair and medical care, the state’s minimum auto insurance requirements may not be sufficient.

Since you may be personally responsible for damages above the policy limits, you should consider purchasing liability insurance with higher limits than the minimum required by law. With the increased cost of hospital stays, medical care, and car repair, it may be well worth considering the extra premium to purchase higher limits of coverage.

The minimum requirements for the state of California is among some of the lowest across the nation; OnlineAutoInsurance.com would like to advise motorists to consider purchasing higher limits than what is required to better protect themselves and their assets. By taking some time to compare rates from various companies based on more extensive coverage, Californians may be able to get more protection at an affordable rate.

Currently the state California auto insurance laws require drivers to carry liability limits in the amounts of $15,000 for bodily injury to one person, $30,000 for bodily injury for two or more people and $5,000 for property damage. These requirements must be in effect in order operate a vehicle legally and to maintain registration. Consumers should be aware that these limits can easily be exhausted as a result expenses arising from certain traffic accidents.

A consumer guide provided by the California Department of Insurance states, “Since you may be personally responsible for damages above the policy limits, you should consider purchasing liability insurance with higher limits than the minimum required by law. With the increased cost of hospital stays, medical care, and car repair, it may be well worth considering the extra premium to purchase higher limits of coverage.”

Source: http://www.insurance.ca.gov/0100-consumers/0060-information-guides/0010-automobile/Auto-insurance-101.cfm

As an example, if an individual were to strike a vehicle that is worth more than $5,000 and it is declared non-repairable, the insurer will pay up to the policy limit and the policyholder may be held responsible for paying the remaining compensation due to the other party. This can easily exceed the amount of paying a little extra in premium to acquire a property damage limit of $10,000 or more; the same may apply in accidents where the insured is responsible for causing bodily injury to other parties.

If a consumer were to compare various companies based on more extensive coverage, they may be able to locate a carrier that can offer higher limits at a similar price that they are currently paying and it may be well worth their while. By visiting http://www.onlineautoinsurance.com/california/ consumers will be able to obtain free quotes from top rated car insurance companies that may be able to offer more protection at an affordable rate. Shopping around does not cost a thing and there is no obligation to buy; becoming properly insured is important and may be quite beneficial and may help prevent future financial hardship.

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John Pirro
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