In this case your insurance will not pay more than 50000 for one person.
California personal auto insurance limits. Liability limits on auto insurance are the maximum amount that your insurance company will pay for injuries and property damage in accidents that you cause. There is no limit to the dollar amount that you can choose for your insurance coverage. Under California law you are required to have two types of liability coverage with minimum coverage limits.
Make a 35000 cash deposit with Californias Department of Motor Vehicles DMV obtain a self-insurance certificate from the California DMV obtain a 35000 surety bond. These policies have specific coverage limits that must be reasonably related for necessary medical care to an automobile accident causing bodily injury. 15000 per person and 30000 per accident.
The opposing viewespoused by defense lawyers and many within the insurance industrymaintains that knowledge of the limits of a liability carriers insurance policy is. Rather than purchasing a conventional automobile insurance policy a vehicle owner in California may instead choose to. The higher coverage though the higher your premium payments will be to the insurance company.
Say your state imposes minimum liability insurance limits of 255010. 30000 for injurydeath to more than one person. Bodily injury liability insurance in California must be a minimum of so-called 1530 insurance.
Usually you see them in amounts of 100000. 50000 for bodily injury for all occupants injuries in an accident you cause. 15000 for the death or bodily injury of one person.
IS UNINSUREDUNDERINSURED COVERAGE REQUIRED FOR CALIFORNIA DRIVERS. Lets say that your auto liability coverage has a 50000100000 limit on bodily injury for one accident. The defendants plan maxes out at 100000.