Rigorism

California Minimums

• Bodily Injury Liability (BIL): $15,000/$30,000 Limit
• Property Damage Liability: $5,000 Limit

*For automobile assigned risk plan drivers, the requirements are $10,000/$20,000/$3,000 Limits

The state of CA follows a Tort system. This implies someone must be found to be culpable for causing the accident, and that person and their underwriter is accountable for all of the costs resulting from the accident. Be mindful that the particulars of a tort system vary from state to state.

California does not require it, but if you’d like greater piece of mind, you can choose to get uninsured motorist coverage on your california auto insurance policy. This coverage will protect you against personal injury caused by an underinsured driver.This can be very worthwhile coverage if you end up being involved in an accident with this type of person.

The average auto insurance premium for residents in California was $950 in 2003; The national average 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. You have to compare current quotes to see if you are saving money. Yoiu can visit several sites to compare rates and discounted prices available in CA, so average Californians can get a better-than-average low rate on their auto insurance.

It took almost 10 years (1999-2007) to see the most recent decrease in premiums. That year saw a .5% to 1% decrease in average insurance costs from the previous year. Nevertheless, 2009 has already seen increases in average insurance rates and it most likely will continue for the rest of the year. To find lower rates, it’s best to use the internet and compare different rates.

Premiums also change over the years and especially in a state like California, if you are not careful you may wind up paying more for your insurance. Looking back, the average insurance rate in 2000 was about $767; it increased 23.86% in just 3 years! Since then insurance costs have gone back and forth.

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