What should you consider if you have found a cheap auto insurance policy and you are not sure if it is right for you?
The most important part of any policy is how much coverage you receive. Most states even have legal minimum coverage levels. California’s minimum coverage levels are 15/30/5. This means a minimum of $15,000 of bodily injury coverage for one person involved in an accident, $30,000 for all people involved in an accident, and $5,000 of property damage coverage is required for all drivers licensed in the state. For most drivers this is “enough” coverage, but you might prefer additional coverage if you are concerned about personal injury protection or if your car is particularly valuable.
Many of the cheapest auto insurance policies available in California have extremely high deductibles. Though you pay very little in terms of premium, you pay a high amount if you need to utilize your coverage. For instance, a cheap auto insurance policy might have a $75 per month premium. If a driver is involved in an accident and his deductible is $10,000, he will need to pay the first $10,000 due toward repairs. For many drivers this is as much as or more than the value of the vehicle. Ultimately, drivers might not receive a dime from the insurance company if they are involved in an accident.
Some car insurance policies come with perks, such as roadside service, free towing, or rental car coverage. Usually these perks cost more, so if you are looking for ways to lower the price of your policy, ask if you can eliminate these additional charges. It is also important to make sure these perks are not luring you in to an otherwise shoddy policy that is not a good value. Some insurance providers focus on the perks of the cheap policies and drivers fail to realize the coverage they receive is poor and puts them at risk.
Cheap auto insurance California is available, but you need to do a little research to find a policy that provides the coverage that is right for you. Use our free search tool to find an affordable insurance policy in California.