Excess Liability Advantages
When you are looking for the right California auto insurance policy, you are required to have a minimum amount of liability insurance. The minimum amount is $15,000 for the death or injury of one person, $30,000 for the death or injury of more than one person, and $5,000 for any damage to property that you cause. While adding extra liability to your policy will lead to higher premiums, it also comes with many benefits, including:
- You will be less likely to owe anything out of your own pocket – any damages that exceed your liability coverage will be your responsibility to cover, which may mean digging deep into your pockets to cover the cost. The more liability insurance you have, the less likely it will be that any damages will go beyond your coverage.
- PIP is not mandatory in California – PIP, also known as personal insurance protection, will pay for medical expenses that are associated with an accident, no matter who is at fault. If you do not have enough liability insurance to provide coverage for the injuries that you caused to the other person, they have the option to sue you. However, if they have PIP, they will most likely have enough coverage, saving you thousands of extra dollars.
- Worst-case scenarios are part of life – while it is easy to think that you will never have to deal with a worst-case scenario, you might have to. If you do not have enough liability protection, you can be financially devastated trying to cover all the costs associated with the accident.
When it comes to finding the right amount of insurance coverage to provide the protection that you deserve, contact the insurance professionals at Agers Insurance Services in Oakley, California. We will work with you to ensure that you have the right amount of auto insurance coverage, all at the right price for your budget.