Auto Insurance in California
Buying auto insurance is far more complicated than just finding the lowest insurance rates. While millions of people in California know how important the policy is, very few people understand what auto insurance entails. If you are wondering which coverages to buy, how much money you should set aside as a budget, or whether you need the policy in the first place, you have come to the right place. In this post, ANA Insurance Brokerage Inc will help you learn more about auto insurance to help you make informed decisions during your purchase.
Auto Insurance Basics
Auto insurance is a policy designed to protect you against financial loss in the event of an accident or theft in exchange for premium payments paid annually or semi-annually. The policy promises to repair or replace your car if it is damaged in an accident or stolen.
Do You Need it?
While everyone’s needs are unique, auto insurance is mandatory in California. Suppose it’s your first time buying auto insurance, or you recently relocated to the country. In that case, you need to have the minimum bodily liability coverage, property damage liability coverage, and uninsured/underinsured motorist coverage to drive around public roads.
Auto Insurance Coverages
Theft and road accidents are not the only threats to your car. It would be best to think about other things that may happen when you’re not driving your vehicles, such as fires or vandalism. That’s why auto insurance comes with many coverages such as:
- Bodily injury and property damage liability
- Uninsured/underinsured motorist
- Medical payments
How Much Auto Insurance Should You Buy?
The amount of auto insurance to buy heavily depends on your needs. Consider consulting an insurance professional before buying your policy to help you calculate how much insurance you’ll need.
Need help buying auto insurance? ANA Insurance Brokerage Inc. has everything you need to get the right policy. We also help you choose the right coverages based on your needs, style, comfort, and budget. Feel free to call us anytime!