Most states require licensed drivers and owners of a motor vehicle to be financially responsible for their actions. This means a minimum of liability insurance to cover bodily injury and property damage is necessary. California is no exception. The state minimums for California are:
Bodily Injury
- $15,000 for death or injury of any one person, any one accident.
- $30,000 for all persons in any one accident.
Property Damage
- $5,000 for any one accident
At this time, California does not require drivers and motor vehicle owners to carry any other insurance coverage.
Although collision coverage is optional, you should note that most finance companies require you carry this coverage as long as your vehicle is financed. Collision coverage pays for repairs or replacement to your vehicle after an accident, regardless of who is at fault. Most policies have a deductible associated with collision coverage that you pay out of pocket.
Carrying too little coverage can result in a large financial burden if you are at fault in a serious automobile accident. If you or a loved one has been involved in an auto accident, please call or e-mail us today to speak with an experienced California auto accident attorney .
