There are three types of California Car insurance policy to meet the minimum legal requirement of State law. These are Fully Comprehensive Auto Insurance, Third Party, Fire and Theft and Third Party Insurance. When you choose to avail cheap California Car Insurance, rest assured that they have these policies for you.
Fully Comprehensive Auto Insurance policy is the most expensive automobile insurance because its coverage is wide and flexible. It does not require that the other party is at fault in order to claim against the insurance company.
There are several types of auto insurance, including California Car Insurance. The first type is Property Damage and Liability. If you are at fault, this type of insurance covers the expenses for repair or replacement of the car with whom you had car accident with.
Uninsured and Underinsured Motorist coverage is a policy that can be activated in case the party at fault has little or does not have the resources to shoulder the expenses. This is the auto insurance policy that is similar to emergency fund referred in the previous paragraph.
In California, the minimum liability that the aggrieved party could reap from the at-fault party is $5,000 for property damage per accident. When death happens, the minimum liability is $15,000 for single death while $30,000 for multiple deaths.
California Car Insurance companies know the cause and effect of any car accident. They have studied all angles and analyzed any circumstance, which is why car insurance rates are reasonably competitive. Cheap California Auto insurance companies offer the best car insurance there is.
The third car insurance policy that even cheap California Auto insurance companies offer is Third Party Insurance, which is considered the basic of all auto insurance policies. It is also the cheapest insurance policy there is since the car insurance company only pays out in a circumstance wherein you hit a third party while being involved in a car accident and of which you are held responsible.
Besides these three, there are other types of automobile insurance available, nonetheless, they are not considered as a requirement of any US State. The first type is Medical payments or Personal Injury Protection. California car insurance for its part, considers this as an add-on which covers medical expenses arising from any cause or circumstance.
There is another type of auto insurance and it is termed as Specialized Car Insurance, mainly because it is customized for cars of 25 years and older. Such cars are considered classic and calls for a type of insurance that covers the conditions very common of classic cars.
Comprehensive coverage is another feature of California Car Insurance that is not required by any State to have. Nevertheless, it is also helpful because it pays for any expenses incurred for your car by any non-collision circumstance such as that which was mentioned in the previous paragraph.
California Car Insurance companies understand the needs of every situation. Collision and Comprehensive coverage is deemed the best auto insurance coverage along with the required minimum auto insurance because of the flexibility of the compensation. Frequently in US America, non-collision incidences happen such as natural disasters and fire.