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An auto insurance claim is essentially your way of notifying your insurance provider that you’ll need to use your policy to cover expenses after your car is damaged in a covered incident. The ...
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
Key takeaways. California drivers must at least meet the liability auto insurance coverage requirements of 15/30/5 to drive legally. You can be fined up to $500 out of pocket if you are convicted ...
For example, if a driver with the state’s minimum liability requirements is at-fault in an accident, their insurance company may pay each person in the not-at-fault vehicle up to $15,000 for ...
Its budget is primarily derived from funds generated by license fees, assessments, and Proposition 103 recoupment fees. The CDI licenses over 1,500 insurance companies and more than 320,000 insurance agents and insurance brokers in the state of California, United States. The current California Insurance Commissioner is Ricardo Lara.
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...
How long you can file a claim for an injury after a car accident depends on your state. Reporting requirements for bodily injury range from one year in Louisiana or Tennessee to 10 years in Alaska.
The cost of auto claims has soared across the United States since the start of the COVID-19 pandemic, according to the Insurance Information Institute. (Brian van der Brug / Los Angeles Times)