Everyone knows that shopping for car insurance can be a hassle. Whether you’re shopping for a quote on a new policy, or just looking for a better rate the entire process can be confusing. There are a lot of factors to consider when selecting an auto insurance policy. For example, there are different levels of coverage to choose from, deductibles to consider, accident forgiveness, and so on. You also have to make sure that any policy you choose meets all of the state’s car insurance requirements. You don’t want to spend your time comparing prices only to realize you have a policy with gaps or lack coverage once your car has been involved in an accident. By understanding your car insurance quote before you choose a policy, you can avoid an expensive headache after an accident.
When shopping for a Rancho Santa Margarita car insurance policy, it is important to know the exact California requirements. This is because requirements can vary considerably from state to state. There are also other types of coverage that you may be required to have, particularly if you lease or finance your vehicle.
Minimum basic car insurance coverage in Orange typically includes bodily injury liability, property damage liability, and uninsured motorist coverage. While the amount of coverage you must have for each of these things can vary depending on your location, the majority of states currently require some amount of coverage for each. You will also, typically, be offered comprehensive coverage, collision protection, and personal injury protection. Typically, leased or financed vehicles require both comprehensive coverage and collision protection.
Types of Car Insurance
Understanding the terminology and the differences between each of these parts of a car insurance quote can be pretty tricky. Most Rancho Santa Margarita, CA car insurance agents should be able to help you understand the difference between them. Still, it is a good idea to have a basic understanding of each before you start building your car insurance quote.
When you are responsible for an accident (or “at fault”), bodily injury liability coverage pays for any medical bills or other expenses that come from resulting injuries. This part of a policy covers the driver/passengers in any other vehicles that were involved, and it also covers passengers in your own vehicle if they are injured.
Property damage liability coverage pays for any property damage that results from an accident when you are the at-fault driver. It covers any other vehicles involved in the accident but does not cover your own car. It also covers all other private property that might be damaged during the accident.
Uninsured motorist coverage protects you and your vehicle in the event that the other driver has no insurance. Of course, this coverage only applies when the uninsured driver is the one at fault. While this coverage is technically required in Rancho Santa Margarita, CA, you can choose to opt-out of adding this to your car insurance quote by signing a waiver.
Collision coverage only covers your car if it is involved in a crash. However, there are other types of damage that can happen that you will likely want to have covered. This can include events like floods, hail, or even a tree falling on your car. Comprehensive coverage can also sometimes protect you from theft or vandalism. Just like collision coverage, you will typically have a deductible as well as a maximum amount the policy will cover.
Collision coverage only covers your car if it is involved in a crash. However, there are other types of damage that can happen that you might want to have covered. These can include events like floods, hail, or even a tree falling on your car. They can also sometimes protect you from theft or vandalism. Just like collision coverage, you will typically have a deductible as well as a maximum amount the policy will cover.
Making Sure You Have Enough Coverage
When you are looking at the final price tag on your Rancho Santa Margarita, CA car insurance quote, it can be tempting to try to reduce the price by decreasing your coverage to the bare minimum required. But you might want to think twice about skimping on your insurance coverage. Currently, the minimum basic requirements for car insurance in California require that you have bodily injury liability coverage of at least $15,000/person and $30,000/accident. You also only have to carry $5,000 of property damage liability coverage. Sometimes the bare minimum doesn’t cover your entire liability. When that happens, you could find yourself personally responsible for the remaining total.
Skipping other types of coverage, such as comprehensive or collision, is perfectly legal and can also significantly reduce your premium. However, without these types of coverage, you may find yourself paying the total cost of any repairs if you are responsible for an accident or if you encounter a natural disaster. Of course, if you drive an older car, these types of policies may not be helpful at all, and they could be an unnecessary expense. Anytime you receive a car insurance quote, you will need your agent to help you weigh each of these factors so you can be confident you have the right amount of coverage.
Other Factors to Consider
The amount of coverage you choose to carry on your Orange car insurance policy is not the only thing your insurance company will consider when they provide you with an insurance quote. The insurance company will also consider your driving history, location, age, gender, the number of miles you typically drive each year, and even your credit score. A car insurance quote is highly personalized based on these factors, so don’t be afraid to ask how they impact your quote.
Nobody wants to pay too much for car insurance but being underinsured can also prove to be a big financial problem. Even with the right amount of coverage, accidents still happen. The right policy can help you. At Southland Auto Insurance, you will find that our knowledgeable agents can help you find the right amount of coverage for you. Are you shopping for a Orange car insurance quote? Call our office at 888-823-8682 today and let us build you a quote. Still have questions about vehicle insurance? Feel free to ask an agent or visit our website at https://www.southlandautoinsurance.com.