Car Insurance in US

Car Insurance in US

Insurance plays a crucial role in the life of the whole of American society, and in the life of the individual family. We'll talk about car insurance, simply because every person faced with this almost immediately upon arrival in the country. The need for other types of insurance occurs later, as incomes rise, the emergence of real estate, preparation for retirement, etc. We'll talk about this elsewhere.



It will focus on the following issues:
1. Why do I need to insure
2. Cover: exactly what we need and to what extent
3. What affects the cost of insurance. On what can and what can not save.
4. How do insurance companies sell insurance policies
5. Where and how to buy insurance - agents, brokers, direct (online, by telephone, etc.)
6. Bullshit - Myths and Reality of the American auto insurance and life in general
7. Scam and how to avoid becoming a victim of swindlers
8. What to do in a typical problem situations

1. Why do I need to insure
Insurance is regulated by legislation at the state level, not at the federal level. It follows a very simple and important
Conclusion №1 - you can only trust information received from a specialist in insurance is in your state. Any information on other states can be absolutely inapplicable outside these states.

Our story will be carried out in relation to the state of California, and which the author of these lines is a licensed insurance agent.
Car Insurance in US
Almost all states (there are exceptions), car insurance is mandatory in part LIABILITY (civil liability), that is, if we have suffered from a stranger. The amount of the required coverage varies from state to state. For example, in California, it is up to $ 15,000 bodily injury to a victim, and $ 30,000 to more than one. In addition, it provides for liability for damage to people's property - $ 5,000. All this is based on one eksident. Normally used to express fractional recording size cover. Record 15/30/5 corresponds to the above-described coating in California that every driver must have under state law.
Car Insurance in US
Driving without insurance is a serious offense and severely punished.
Council of life: Never enter into any relationship with people who drive a car without insurance or argue that this may justify why this kind of crime there is nothing to worry about. These people are on the way to big trouble - they do not need to be a company.

According to police statistics in California 28-30% of drivers have no insurance at all. Add to this the same percentage of people with a minimum trebuemon law coverage and you will realize that if you happen to something serious on the road, the chances of getting money from the perpetrator is almost there. From
Conclusion №2 - We can not expect that in case of trouble you cover someone else's insurance - must have his.

States are divided into
- At Fault (for example, California - the victim pays the insurance culprit accident)
- No Fault (example, Arizona - regardless of fault your damage to your insurance will reimburse)
Conclusion №3 - We need to know what kind of system in the state where you live or intend to live.
Car Insurance in US
If a person is almost a beggar and poor is going to be virtually the rest of his days, driving without insurance does not bother him financially - he has nothing to take. In all other cases, the amount of insurance should protect the driver from the withholding by court of its property and income (including future income).

In addition, talking about why it is necessary to insure the driver, we need to know that there is in our lives other activities, which are dangerously close to the danger of driving a car. Therefore, it is worth asking questions like "Am I such a bitch that will risk life and limb of others to save ten or so per month on their crippled life?"