Feb
18
2009
How Much Insurance Do You Need
Posted By ErickYour Vehicle (s) In general, you are required by law to have Liability Coverage (Bodily Injury and Property Damage). There is a minimum coverage amount required by California (Liability Limits are 15/30/5, $15,000 per person, $30,000 Per Accident and $5,000 Property damage.) If you are buying or leasing a vehicle, there may also be minimum amounts required by your (Bank, Finance Company or Lien Holder etc.) In addition to Liability, you may also want to purchase Comprehensive and Collision insurance to cover your vehicle.