Insurance Guidelines:In California, liability insurance is required for all individuals who drive an automobile. Insurance can be demonstrated in one of four ways, including: 1. Coverage by a motor vehicle or car liability insurance policy; 2. A cash deposit of $35,000 with the DMV; 3. A certificate of self-insurance issued by DMV to owners of fleets of more than 25 vehicles; or 4. A surety bond for $35,000 obtained from an insurance company licensed to do business in California. In California, by far the most common form of liability insurance is acquired through a liability insurance policy. Furthermore, every insurance policy must satisfy the minimum statutory limits of liability insurance. Failure to follow these guidelines can result in harsh penalties. These guidelines are:
- Bodily Injury: Bodily injury coverage entails two minimum requirements, the per-person limit and the limit per accident. In California, the minimum per-person limit for bodily injury is $15,000 and the minimum bodily injury limit per accident is $30,000. Therefore, if an individual only maintains the minimum coverage liability, the amount the insurance will pay will not exceed $30,000 no matter how many passengers were involved.
- Property Damage: The minimum amount of coverage required for damage to other people’s property (their car, their fence, etc.) is $5,000. Comprehensive coverage or losses resulting from incidents other than collision other than collision is not mandatory by law.
Table of Contents:
- Car Accident FAQ
- What Should You Do After a Car Accident?
- Car Accidents STATISTICS – Statistics & Facts
- Common injuries
Optional Coverages Not Required By Law:Other forms of coverage, which are not required by law, but which are often offered by insurance companies include:
- Uninsured Motorists: If you are involved in an accident with an individual who does not have liability insurance, uninsured motorist coverage will cover the other party’s legal liability for Property Damage
- Uninsured/Underinsured Motorist Bodily Injury: Offers payments when liable party fails to have insurance, or has insufficient liability to cover bodily injuries arising other party’s negligence.
- Comprehensive: Covers losses resulting from accidents other than collisions.
- Medical Payments: Pays for medical payments resulting from an accident, and does not take into account liability. All Occupants of a vehicle are covered, and such coverage is not required.
STATUTE OF LIMITATIONSStatute of Limitations refers to the law the limits the amount of time within which a victim involved in a car accident may bring about legal proceedings. In the state of California, an individual has TWO YEARS in which to file a lawsuit for their damages resulting in a car accident. Although failure to file a claim within the statutory period could result in barring your claim, there are certain exceptions. Although the statutory period begins to run on the date of the accident, exceptions will be made in situations where the injured party was mentally incompetent or incapable of filing a claim. Furthermore, the statutory period is extended for minors under the age of 18. The minor has until their eighteenth birthday, plus the statutory period of 2 years to file the suit. Lastly, the statutory period may be extended where an injury is unknown, but is later discovered. Additionally, Car Accident claims against public agency, the claim must be made within 180 days from the date of the car accident. Also, the car accident claim must first be filed and denied before a lawsuit can be commenced. It is imperative that you call a Car Accident Attorney at Downtown LA Law Today so that your time doe not run out. WHO’S AT FAULT In California, only the negligent party is responsible for the injuries incurred during a car accident. A person acts negligently when that individual fails to act in a manner expected of a reasonably prudent person acting under similar circumstances. In relation to car accidents, negligence requires the demonstration of:
- A party was careless, and that carelessness was the direct and proximate cause of the car crash
- The car crash caused some sort of physical or property damage
- The careless party is responsible for the damages