Onlin California Insurance

Source:

Have you thought about changing insurance companies, but don't know where to look? Are your rates higher than your friend's? Would you like to find out whether your rates really are competitive? If you are interested in shopping for California car insurance online, there are a few important things you should consider.

First, be aware of the state's minimum requirements for bodily and property damage liability. If your current policy does not meet these requirements, start shopping for car insurance now. Remember to keep these limits in mind while you are shopping for and comparing coverage limits as well.

Another important fact to consider in purchasing insurance is that, according to California law, one of the parties in the accident must be found at fault. That person (as well as his or her insurance company) is required to pay for anything damaged in the accident. This could mean that, unless you lack excellent insurance, you may be required to pay hundreds of thousands of dollars out of pocket.

In California, an automobile driver must purchase insurance from a company that is licensed to practice in that state. In addition, some companies provide policyholders with the added security of knowing that their policies are backed by state guaranty funds. If the company you are researching does not do business in California or does not offer policies backed by these funds, it would be wise to consider shopping further for an insurance policy.

Drivers in California who meet low income guidelines ($25,000 for one person) and who have not had more than one property damage accident or more than one point from a moving violation may be eligible for reduce insurance. The California Department of Insurance provides low-cost insurance to these persons.

There are several standards, however, for persons to meet these guidelines. Persons must drive a car valued at less than $20,000. They must have held a driver's license for at least three years, and be at least 19 years of age. These policies are provided by California Licensed Insurance Companies, and are available in every county in the state.