Car Insurance for your California Business
In California, the state law requires that every vehicle is insured under the Compulsory Financial Responsibility Law. This law is commonly known as the 15/30/5 or simply the 15/30. That’s because it requires a minimum coverage of $15,000 for the death or injury of one person in one accident, $30,000 for the death or injury of two or more people in one accident, and $5,000 for property damage. As you can imagine, the aim of the law is to make you financially responsible of damages and injuries you cause to others in case of an accident.
This basic coverage is the minimum that you need to have in order to drive. However, you might want to get more to cover your needs. For example, if you have a nice car, you’d definitely want to get theft coverage. If more than one person is driving, you may want to get coverage for your own damages. Also, if someone that you care about will drive the car, you’ll have to get some coverage for passengers that will pay for hospital bills.
With the California auto insurance business being so big, it can be hard to select a company. However, these tips will help you sort out the auto insurance businesses that will be the best for you.
- Decide in advance what you exactly need. If you know how much coverage you really need, then you’ll be less attracted by sudden offers and plans that insurance agents will try to sell you. For example, if you usually carry just another passenger, then it’s pointless to buy insurance that covers three or more passengers.
- Your first calls should be made only to gather information. No matter how tempting an offer is, just take note of it and move on. If, after comparing several options, you still think that one offer is the best one, it will still be there waiting for you.
- Take attention of the quality of the service. While it’s true that good service on the phone doesn’t necessarily reflect on the service in case of an accident, if they take too long to take your call or reply you rudely, it means that they probably don’t care much about their customers.
- And finally, use your friend, the Internet, to compare prices. It makes the whole thing easier and faster, and you won’t have to feel the pressure of an agent that will try to sell you something that you don’t need to get a commission. That way, you’ll get a better feeling of the auto insurance business in California.