What is The Cheapest Miniumum Coverage Car Insurance in California?

Reader’s Question:

Can I drive without insurance in California? What is the cheapest minimum coverage should I have?

Mel

Thank you for asking Mel.

It is mandatory that all motorist has a car insurance in California. There’s a lot of drivers looking for the cheapest car insurance and insurance companies are willing to provide it. Drivers that do not have their vehicles insured will incur penalties in the state of California. You license may also be suspended or revoked if you fail to show proof of financial responsibility. A ticket may also be issued if you fail to show proof of auto insurance when asked by the person with authority. So it is very important for the motorist to get the cheapest car insurance they can get to make sure that they get the policy that meets or exceeds the state minimum required liability insurance.

The minimum California liability insurance are $15000 for the death/injury per person in an injury and $30000 for the death/injury of all the people involved in an accident plus additional $5000 for the property damage liability. A person have the option to fulfill the obligation by posting a surety bond or making a cash deposit with the California Department of Motor Vehicle.

It is easy to purchase a ca insurance plan but what is important is to choose a reputable insurance company that will provide you the coverage.

There are other factors that you need to consider when purchasing cheap car insurance. Those who drives old vehicles are generally suited to get the cheap car insurance. A cheap car insurance may not cover a person in the event of an accident or collision. Cheap car insurance will certainly not cover the towing charges and the rental fees while the damaged car is being repaired. All cheap car insurance companies offers are all different. Therefore it is best to compare several companies.

Goodluck!

MariCAR

Minimum Liability Auto Insurance Quote in California

Reader’s question:

What is the minimum liability insurance required for California drivers?

Michael

Thank you for asking.

The state law in California requires all motorist to show proof of financial responsibility. They must show their ability to pay for damages and injuries to others resulting from an accident.

Every driver and car owners are required by the California’s Compulsory Financial Responsibility Law to be financially responsible for all their actions. Here’s the minimum liability insurance requirement in California:

Bodily Injury:

- $15,000 for injury or death of one person per accident
- $30000 for all persons per accident

Property Damage:

- $5,000 per accident

There are ways to accomplish the financial responsibility

1. the coverage by a motor vehicle /automobile liability insurance policy
2. Financial Responsibility (FR) /cash deposit of $35000 with the DMV
3. certificate of self insurance issued by DMV to owners of fleets of more than 25 vehicles
4. surety bond for $35000 obtained from the licensed insurance company in CA

All motorist should have the minimum liability insurance or may have an alternative way to pay for the damages they may cause. Personal injury is not required but its an optional coverage that one might want to buy for reasonable and necessary medical expenses payment for you and your passengers.

Goodluck!

MariCAR

I Need Auto Insurance in California – Cheap!

Reader question:

What is way to get auto insurance in California other than getting it from a car insurance company?

Megan

Thanks for asking, Megan.

Getting your auto insurance in California with a licensed car insurance company or through some other Californian state auto insurance program are most certainly the easiest ways to get car insurance coverage in California, and most people wouldn’t have the money to do it any other way. However, California car insurance law does allow for more than one way, and one of the other ways is to get a surety bond. You can get this from a company that is licensed by the state, just as if you were getting your auto insurance in California from an actual insurance company.

These surety bonds are usually purchased by people who own a small business, not normally by those that are insuring a private car. Another option for small business owners is group commercial car insurance. Auto insurance in California law allows a surety bond to be purchased for at the least $35,000. This is equivalent to the minimum liability coverage, so if you want to have more coverage then you should purchase a larger bond.

Another way to get auto insurance in California without having to go through a car insurance company is to simply deposit the $35,000 minimum coverage with the department of motor vehicles for the state. Or, as another way, you could go the self insurance route. In order to do this you have to get a certificate from the department of motor vehicles showing that you are self insured. Remember, though, that whatever kind of insurance you get, you still have to be able to show proof of it when you are pulled over by a police officer or you get into a car accident. Proof can be your car insurance card, or your certificate of self insurance, your surety bond, whatever, so long as it is accepted proof by the department of motor vehicles.

Cheers,

Fashun Guadarrama.