California is deadly serious about all of its drivers having at least a basic liability policy. In order to make certain that every single driver has the resources to buy auto coverage, California offers two super cheap policies, the cheapest policies that it is legal to buy anywhere in the state.
The first policy is known as the California Low Cost Automobile Insurance Program, or CLCA. Under this state-sponsored program any driver with a good driving record who is at least 19 years old and who meets certain income requirements can purchase a super-cheap liability insurance. For additional information call toll free: 1-866 – 602-8861.
But even if you do not meet the requirements for the CLCA program, California still makes an extremely affordable basic liability policy available for all of its drivers. The policy is known as a 15/30/5 policy.
This policy pays a maximum of $15,000 toward the medical expenses of any one individual who is in an accident with your vehicle if you are determined to be at fault in the accident. It also pays a maximum of $30,000 to cover the medical expenses of everyone involved in the same accident and it pays a maximum of $5,000 for any property damage your vehicle has caused.
There are two reasons this coverage is considered high risk. For one thing a liability policy alone pays nothing for the repair of your vehicle after an accident and it pays ZERO for your medical bills or for the medical bills of anyone in your vehicle at the time of an accident.
More importantly, perhaps, a basic liability policy doesn’t provide for much coverage. Even a moderate accident could result in medical and property damage costs far in excess of the maximum payouts of your policy. If that should be the case YOU could be held personally liable for paying any difference, even if it means you have to sell your home to do so.
Still, if money is an issue a basic liability policy is the cheapest form of car insurance you can buy and still drive 100% legally in California, and if you want to get your liability policy at the cheapest rate possible then you’ll want to look online.
In fact, buying your policy online is the cheapest way to buy your auto coverage BY FAR. Online sellers have almost no overhead plus they have a lot of competition, two facts which add up to incredible savings for you! Buying your policy online is equivalent to buying it at wholesale prices.
By: Alexis Jensen
Posts Tagged ‘Risk Insurance’
Affordable High Risk Car Insurance in California
January 11th, 2010Car Insurance Quotes to Keep Costs Down
January 3rd, 2010
If it has been several years since you have compared costs for insurance on your vehicle, it may be time now, before that old policy expires and is renewed, to begin looking for car insurance quotes.
Getting quotes will require you to do a little work, but the amount of money you save each month may be worth the savings. The savings can be big if for some reason in the past you were placed into a higher risk insurance group. This could have happened for a number of reasons: too many accidents, several moving violations or even because your car was stolen or vandalized.
After three years, accidents and moving violations are removed from your driving record, but it seems that some insurance companies have a way of remembering those things happening if you had insurance with them at the time. With that newly clean driving record, start asking for car insurance quotes from other companies, and they do not have a record of your past. The rate quoted is often much less than you are currently paying.
You see, if you have worked to keep that driving record spotless for the past three years, you have learned some new driving habits. You have become a safer driver. No longer are you constantly exceeding the speed limit or running red lights. You have learned to avoid accidents. Insurance companies see this as a good indication that you will keep up those good habits for the term of the policy, so you are less likely to cost them money. The money that they save, they can pass on to you as savings in premium.
Insurance agents are really nice people and they will work to get your business. There is nothing to be afraid of, ask that agent for a car insurance quote.
By: Ted Kripps