Auto Insurance In California : how far goes the liability?
I am french and don’t know anything about auto insurance in the US. I just received my driver license 2 months ago and a very old bettle (1973, value < 1500$) as first car. I never drive before (even in France), I have a clean record.
How work the liability here? Let's say it's not my fault but I crash in a schoolbus and 3 childrens will need medical treatment for the rest of their life because of me. Who will pay for it?
And what if it's my fault?
[ In France, we have something called "civil responsability" that will pay for that. It's automatically included in every car insurance. ]
I am also browsing the net for cheap but good insurance. I want it cheap because the car is worth nothing. But I want it good because i am a young (no experience) driver. Any tips and links to some websites are welcome.
Thank you very much.
Auto Liability Insurance in California goes like this;
State required minimum for Bodily Injury is $15,000/person and $30,000 per incident. Property Damage is $5,000 minimum. If your senario happens and you’re found not at fault for the loss, then your insurance pays nothing to anyone and you’re responsible for nothing. If you are found at fault, the consequences could be catastrophic. If you hold the state minimum, and these children are seriously injured you would probably be sued in court. I suggest having no less than $100,000/$300,000 Bodily Injury and $100,000 Property Damage.
Let’s say your scenario doesn’t happen, but you do rear end a 2006 Mercedes Benc CLS500, and you hold the state required minimum. Let’s also say that no one is hurt, but the car does need to be fixed. Your insurance policy would only pay the limit of $5,000 and the rest is your responsibility.
I’m an insurance adjuster and I’ve seen the repairs to cars like this go upwards of $24,000. Don’t go cheap on your insurance. It is the most important thing you will ever buy. Godspeed.
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