When it comes to purchasing auto insurance there is no shortage of coverage options but few are more important than liability insurance. When shopping for coverage, be sure that you have at least the minimum requirements per your state so that it is legal for your vehicle to be on the road. While it may be tempting to purchase just the minimum requirements to save a little money, this could be a costly mistake. As an example, let’s say you are involved in an accident that causes damage to a third party’s vehicle and their person. Assuming that you carry at least the state minimum liability coverage in CA ($15,000 injury/death to one person, $30,000 for multiple people, and $5,000 for property damage) then your insurance policy will cover any expenses up to that limit; however, you are on the hook for overages. Car accidents are not inexpensive and the medical bills can quickly mount which can cause significant distress for those impacted.
Consequently, upping your liability policy limits – even just a little bit – can provide that needed extra cushion should the worst happen. While you will hopefully never have to use your liability insurance coverage, the peace of mind associated with knowing that you have enough to cover your most important assets is well worth the minimal extra expense.
In addition to liability coverage, be sure your policy includes comprehensive and collision coverage which helps pay for repairs to your vehicle due to theft, natural disasters, or an accident. At Neff & Associates Insurance Services Inc in Pismo Beach, CA we’ll take the time to ask key questions so that we can learn about your needs and recommend a personalized auto insurance policy. Give us a call today to schedule an appointment.