Bodily, Injury Liability per individual. This is what the average insurance coverage stipulations say. However, this could vary depending on which California car insurance companies you go through. If you have any dependents or spouse, your cover could be increased by another percentage point for bodily injury liability.
Property Damage Liability per incident. As the name suggests, this coverage applies to damages resulting from any accident caused by your vehicle on the property of others. The amount of liability limits will be different depending on the value of the property damaged in the accident.
Collision coverage. This is very similar to the Bodily Injury Liability coverage. This also comes with a per person limit. This means that each time your vehicle collides with someone else’s vehicle, this coverage will pay for the damages incurred by both cars. With a Collision Auto Insurance policy, you can choose to select the dollar amount of the coverage in order to keep your costs low.
Rideshare coverage. The second type of liability limits that California car insurance companies offer are those for ridesharing services. Now, what is a timeshare? A timeshare is defined as any other vehicle that you own or use with an available driver who joins you in your travels in return for payment.
For many people, these rideshare arrangements make perfect sense. They allow you to travel with another person at the same time and you don’t have to worry about additional expenses such as baggage fees or liability coverage when an accident occurs. However, there are also a few downsides to these types of automobile insurance requirements. First of all, the price of rideshare coverage can be quite expensive. Also, it doesn’t cover the same accidents that your bodily injury liability per person policy covers. So if you are the person who owns the vehicle that you’re traveling with, you will need to purchase the additional rider to include bodily injury liability coverage on your own automobile policy.
Liability coverage for rideshare transactions is available under most state laws. This means that you can be sued for injuries to other drivers while being operated in a rideshare service even if you aren’t the operator of the vehicle. In addition, the laws regarding liability coverage can vary from state to state so you should do some research to determine what the laws in your area are. You may also want to check out the liability limits in your current home state before shopping for rideshare coverage. While some companies only offer the bare minimum required by law, there are others who will provide coverage policies that will cover your automobile and other associated equipment up to a certain amount based on the value of the vehicle.
Of course, if you live in a rural area where the vehicle is located out in the country, then you won’t need any coverage. But if you use the vehicle regularly then you should consider the additional protection provided by a roadside assistance plan. The roadside assistance plan will pay for the expenses for bringing your vehicle to a service center that provides emergency assistance. Plus, there are many different plans that offer discounts for various things like multiple policies with the same company, multiple trips made with your car and the age of the driver. It’s a good idea to look around online to see what different auto insurance providers have to offer and then make your decision based on the type of coverage you feel will be the most cost-effective.