California law requires that drivers have evident of auto insurance if they are driving their own car or some else 's. People who own a vehicle but do not drive it are still obliged to have auto insurance in California.
California 's Compulsory Financial Responsibility Law necessitates all drivers and owners of automobile to be financially responsible for their actions. The statutory minimum limits of liability insurance in California are that the person liable for an accident that results in the death or injury of one person is liable for $ 15,000, or $ 30,000 if there are multiple injuries in one accident. The responsible party is liable for $ 5,000 of property damage for any one accident.
There are four techniques to realize financial liability, including coverage by a motor vehicle or automobile liability insurance policy, a cash deposit of $ 35,000 with the Department of Motor Vehicles (DMV), a certificate of self-insurance issued by DMV to owners of fleets of more than 25 vehicles, or a surety bond for $ 35,000 obtained from an insurance company licensed to do business in California.
When property is changed to a legal unreasonable, bodily injury liability covers their property injuries to them, whereas property property liability covers their liability for damage to someone else & # 39; s property.
Penalties are extremely harsh for noncomformity with this segment of the vehicle code. Comprehensive coverage (other than collision), uninsured motorist, medical payments, and collision insurance are not required by law but can be good investment.
