Help I need Car Insurance

Car insurance is one insurance policy you should not avoid. In times of recession some drivers try to skip insuring their vehicles. Accidents happen all the time and having no automobile insurance where your negligence causes injury, death or property damage to others could subject you to a lawsuit and make you lose everything you own. Most states are making it mandatory for you to own some form of limited liability anyway. The state of California requires minimum liability. Industry actuary estimates suggest that bodily injury liability limits per person be $100,000 and $300,000 per incident. Buying limited liability insurance only saves you a minor amount of money whereas all other liabilities remain pending which you might have to pay from your own pocket. It is better you buy adequate car insurance to save you the turmoil and financial ruin you might face for one act of negligence.

There are six aspects of coverage for a car insurance policy:

1. Bodily injury liability – for injuries caused to someone else due to an accident caused by you or any other driver covered in the policy.

2. Medical payments – for treatment of injuries to drivers and passengers of the vehicle covered

3. Property damage liability – for damage by policy holder to other person’s property

4. Collision – damage to policy holder’s car from collision with any other vehicle, post, fire hydrant etc.

5. Comprehensive – Any damage caused other than collision; fire, theft, vandalism, impact from animals, Act of God etc. to policy holder’s vehicle

6. UM Uninsured motorist coverage – when policy holder is involved in an accident with an UM injuries sustained by policy holder would be compensated by this coverage. Underinsured motorists can also be covered in an auto policy.

The premium of an auto policy is dependent on many factors. The factors include the characteristics of the car, the nature of coverage selected, and profile of the driver and usage of the car. Gender, age and driving history all impact the calculation of the premium. The driving history of the driver will affect the premium he or she will pay. Most states award points for moving violations like running red lights, speeding etc. that are indicated on the driver’s record. The higher the points, the more the likelihood that person would be a higher risk for accidents. Insurance firms review drivers’ records from time to time to assess their performance. The insurance firm may raise premiums for drivers with bad records. When you are buying a policy make sure it covers the requisite aspects for your car insurance. Murietta residents should shop around from local companies that sell auto policies to get a reasonable quote.